U.S. stock index futures fall to cap off a bullish October, with markets back to taking a cue from Europe while also digesting Japan’s latest yen intervention.
Japan sells yen on the foreign-exchange market, potentially on a large scale, sending the U.S. dollar and the euro climbing sharply against the currency.
For months now, bargain hunters and market contrarians have been looking at the financial-services sector, thinking it was on sale and due for a rebound. But there are plenty of pitfalls for investors to watch for before they buy in.
Britain’s benchmark stock index drops Monday, led lower by banks and miners as commodity prices fall and traders take a more cautious view of the plan to fight the euro-zone debt crisis announced last week.
MarketWatch
