Contracts on the S&P 500 and Nasdaq 100 indexes slipped at least 0.3 per cent each as U.S. markets were set to reopen after a holiday. The Stoxx Europe 600 Index was dragged by technology and automobile-parts shares. Treasuries slid, with yield curves steepening. The dollar fluctuated between gains and losses, while gold declined. Freeport-McMoRan Inc. declined in premarket New York trading amid a muted demand outlook for copper.
US corporate earnings may set the tone for traders this week as the reporting season moves up a gear. Goldman Sachs Group Inc. and Morgan Stanley are set to release their results on Tuesday, yielding a clue on the health of the world's largest economy. Of the 29 companies on the S&P 500 that have posted earnings so far, 24 have beaten analysts' expectations.
The benchmark gauge for European shares fell for the first time in five days. Ocado Group Plc tumbled more than five per cent after the online retailer forecast a decline in earnings from its joint venture with Marks & Spencer Group Plc, reflecting tight competition for grocery spending in the U.K.
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