Stock index futures pointed to a lower open for U.S. shares on Tuesday, after they rose to a 13-month high in the previous session, on the G20's indications that economic stimulus would continue.
At 4:34 a.m. EST, futures for the Dow Jones, S&P 500 and Nasdaq were down between 0.2 and 0.3 percent.
The FTSEurofirst 300 <.FTEU3> index of leading European shares was up 0.1 percent at 1,102.91 points with HSBC
HSBC said losses on U.S. consumer loans had shown their first fall in three years.
Senate Banking Committee Chairman Christopher Dodd will probably release a long-awaited draft bill on financial regulation reform. The bill is expected to propose consolidating bank supervision into one agency, to back the Obama administration's proposed financial consumer watchdog and to call for a wide range of other proposals. One lobbyist said Dodd will hold a press conference at noon to unveil the bill.
Bank of America
In a relatively thin corporate diary, diversified manufacturer Tyco International
Wall Street hit 13-month highs on Monday after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire for risk. The agreement by G20 finance ministers and central bankers over the weekend to keep stimuli in place boosted global stocks on the expectation of prolonged low interest rates.
The Dow Jones industrial average <.DJI> jumped 2 percent; the Standard & Poor's 500 Index <.SPX> rose 2.2 percent; the Nasdaq Composite Index <.IXIC> gained 2 percent.
Shares of Electronic Arts Inc
(Reporting by Brian Gorman; Editing by Hans Peters)