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Market Update

U.S. Stock Futures Slightly Up

U.S. stock index futures were slightly higher Monday with the S&P 500 Futures up 2.00 points to 1770.50 points and the Nasdaq Futures up 6.20 points to 3459.50 points.

No major economic data points are due today.  Markit's manufacturing PMI and TIC net long-term transactions are both due at 9.00 a.m. Eastern Time, followed by industrial production data at 9.15 a.m.

Investors are focused on two-day meeting of the U.S. Fed due to start tomorrow.

Earlier Monday, Asian markets ended lower with sentiment hit by data that showed a slowdown in China's manufacturing activity while European shares reversed early losses midmorning.