U.S. stock futures struggle for momentum as China data weighs on sentiment

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U.S. stock futures struggle for momentum as China data weighs on sentiment
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U.S. stock futures were mildly mixed Monday after some disappointing news on China's economy damped risk appetite across global markets.

U.S. stock futures were mildly mixed Monday after some disappointing news on China’s economy damped risk appetite across global markets.

How are stock-index futures trading On Friday, the Dow Jones Industrial Average DJIA rose 114 points, or 0.33%, to 34509, the S&P 500 SPX declined 5 points, or 0.1%, to 4505, and the Nasdaq Composite COMP dropped 25 points, or 0.18%, to 14114. Traders now had to figure whether to place a positive spin on the news because it may mean more stimulus from Beijing.

The risk off mood could be seen in industrial commodities sensitive to perceptions of Chinese demand, with oil CL.1 and copper HG00 prices lower.

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