S&P futures briefly turn negative

By IBTimes Staff Reporter | June 28 2010 10:48 AM

S&P stock index futures briefly turned lower on Monday after data showed U.S. consumer spending rose slightly more than expected in May, even as savings touched their highest level in eight months.

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S&P 500 futures were flat, while Dow Jones industrial average futures rose 11 points, and Nasdaq 100 futures were up 4.5 points.

(Reporting by Caroline Valetkevitch; editing by Jeffrey Benkoe)

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