Stock futures lower ahead of Citigroup results
U.S. stock index futures fell on Monday before a raft of corporate earnings, including Citigroup, while Greek debt concerns continued to cloud the global economic picture.
* Citigroup Inc
* Halliburton Co
* Eli Lilly & Co
* Also due to report results on Monday is Texas Instruments
* Athens repeated it has no plans to restructure its debt, denying a Greek media report it had already requested talks with its lenders as mounting speculation that it would need to cut a deal hit debt markets and the euro.
* China raised banks' required reserves for the fourth time this year on Sunday, stepping up efforts to fight high inflation in the world's second-largest economy.
* S&P 500 futures fell 9 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 fell 74 points and Nasdaq 100 futures fell 15.25 points.
* Healthcare stocks will be in the spotlight after Swiss medical device maker Synthes
* NYSE Euronext
* European shares extended losses, with a key index slipping into negative territory for the year, as growing concerns over debt troubles in the euro zone periphery prompted investors to shun risky assets. <.EU>
* Stocks in Asia ex-Japan remained flat, with investors unconvinced that China's latest moves to cool its economy would hurt the global recovery.
* Encouraging economic indicators sent U.S. stocks higher on Friday but the S&P 500 fell for a second straight week, and some in the market pointed to strong resistance building around 1,340.
(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)
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