US pre-open: Stocks seen mixed as Chinese officials cut Washington trip short
US futures were pointing to a mixed open on Monday after Chinese trade officials cut short their trip to Washington.
As of 1200 BST, Dow futures were down 0.1%, while S&P 500 futures were flat and Nasdaq futures were up 0.11%.
Stocks closed mostly lower on Friday after the world's two biggest economies cut short their trade talks.
However, Chinese officials described the discussions as having been "constructive" and vowed that both sides would remain in contact.
Donald Trump said China would be increasing its purchases of US agricultural products as part of the bilateral trade deal but the early end to the talks was seen by some investors as an indication that the two nations were, in fact, no closer to finalising a trade deal.
Elsewhere, the Department of Justice warned firms of ongoing Chinese theft. Adam Hickey, the US Deputy Assistant Attorney General, told CNBC on Monday: "More cases are being opened that implicate trade secret theft."
On the data front, the Chicago Fed's national activity index for August will be out at 1330 BST.
IHS Markit's composite, manufacturing and services PMIs will be released at 1445 BST.
Earlier, the eurozone manufacturing PMI for September came in at 45.6, down from 47.0 the month before and well below an expected reading of 47.3.
Oanda's Craig Elam said: "The US will be next to release its PMIs later today but there isn't enormous cause for optimism here either. It may not be as bad a case as the eurozone, or close for that matter, but the trend is ugly."
Federal Reserve heads John Williams, James Bullard and Mary Daly will all address the public throughout the course of the day.
In corporate news, while no major earnings were scheduled for release, WeWork was firmly in focus after reports circulated that major shareholder Softbank was in favour of giving chief executive Adam Neumann the boot.