Futures flat as Libyan unrest continues
Stock index futures were mostly flat on Monday on continued concerns the unrest in Libya could spread through the region, though stable oil prices prevented further losses.
* Equities suffered their worst week since November last week as the civilian revolt in Libya sparked a steep jump in crude prices, raising concerns about how higher energy could affect economic growth.
* Brent crude futures edged lower to nearly $112 per barrel, off last week's highs but still at elevated levels since the Middle East unrest began. JPMorgan raised its average forecast for Brent by nearly 14 percent for 2011, citing the impact from Libya.
* The dollar hovered close to three-month lows, hampered by expectations that the threat to growth from high oil prices would keep U.S. monetary policy loose, in contrast to the more hawkish outlooks of other major central banks.
* Billionaire investor Warren Buffett, the chairman of Berkshire Hathaway Inc
* S&P 500 futures fell 0.6 point and were slightly 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 added 9 points, and Nasdaq 100 futures rose 2.25 points.
* U.S.-listed shares of HSBC Holdings Plc
* Private equity firm Blackstone Group LP
* January pending home sales, which will be released after the market opens, are seen falling 2.2 percent after a rise in the previous month.
* Companies scheduled to report quarterly results include AES Corp
* U.S. stocks rose on Friday, bouncing back from a three-day sell-off as oil stabilized, but unease over Libya was seen keeping buying in check.
(Editing by Jeffrey Benkoe)
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