U.S. stock index futures fell on Tuesday as commodities weakened ahead of a report expected to show another increase in crude oil inventories, a bearish sign for demand in the world's largest energy consumer.
Technology shares will also be in focus one day after Texas Instruments Inc
Oil prices slipped back from eight-week highs, falling nearly 1.7 percent to $80.47 per barrel on a stronger dollar and expectations that crude inventories likely rose for a sixth straight week.
S&P 500 futures fell 4.8 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures lost 38 points, and Nasdaq 100 futures slid 6.25 points.
One year ago Tuesday, markets hit a more than 12-year low in the wake of the financial crisis. The Dow has rallied about 62 percent since then.
Marsh & McLennan Cos Inc
According to a quarterly survey by Manpower Inc
European equities dropped 0.7 percent in morning trade, with declines in financial and mining stocks outweighing strength in food producers such as Nestle
Tech stocks pushed the Nasdaq higher on Monday on an otherwise flat day for U.S. stocks, led by BlackBerry maker Research in Motion Ltd
(Editing by Jeffrey Benkoe)