U.S. Stock-Index Futures Drop After S&P 500’s Third Monthly Gain

June 1, 2016 12:09 PM

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U.S. stock-index futures fell, after S&P 500 capped its longest monthly rally since 2014, amid evidence of sluggish global growth while investors awaited a report on manufacturing activity in the world’s biggest economy.

Contracts on the S&P 500 expiring in June lost 0.3 percent to 2,088.5 at 8:32 a.m. in New York. The benchmark closed little changed yesterday, capping its longest stretch of monthly advances since June 2014. Dow Jones Industrial Average futures dropped 62 points, or 0.4 percent, to 17,712 today.

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