European stocks struggled for traction and US futures slipped as traders brace for a slew of economic data in the second half of the week that will help determine the path of monetary policy.
The Stoxx Europe 600 index was little changed at the open, with gains for insurers and utilities offsetting losses in the technology sector. Among individual stock moves, ASM International NV dropped after the chip-equipment maker’s disappointing revenue forecast. Reckitt Benckiser Group Plc slumped as much as 10% after the household-goods maker posted a decline in sales. St. James Place Plc tumbled more than 20% after a pretax loss.
