Investing.com – U.S. futures were flat on Monday, as President Donald Trump and North Korea leader Kim Jong Un prepare to meet in Singapore.
The S&P 500 futures was flat at 2,782.50 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 23 points or 0.09% to 25,344.0. Meanwhile tech heavy Nasdaq 100 futures fell over one point or 0.02% to 7,174.75.
Trump is preparing for a historic summit with Jong Un in Singapore on Tuesday. Officials on both sides have been to discuss what denuclearization would be, but so far there is no indication on what the outcome was.
On Monday Secretary of State Mike Pompeo told reporters that 'denuclearization is the only outcome the U.S. will accept.”
In other political news, trade tensions remained high after Trump refused to sign onto a G7 declaration that called for tariff reductions, lashing out at key U.S. allies.
Luxury car maker Tesla (NASDAQ:TSLA) was among the top gainers in pre-market trading, rising 0.99% amid news that it would add self-driving technology to its cars by August. Semiconductor Micron Technology Inc (NASDAQ:MU) was up 0.59% while Intel (NASDAQ:INTC) increased 0.27%.
Elsewhere Procter & Gamble Company (NYSE:PG) dipped 0.25% while Facebook (NASDAQ:FB) inched down 0.07%.
In Europe stocks were up. Germany’s DAX rose 60 points or 0.47% while in France the CAC 40 increased 10 points or 0.20% and in London, the FTSE 100 was up 68 points or 0.90%. Meanwhile the pan-European Euro Stoxx 50 gained 20 points or 0.59% while Spain’s IBEX 35 rallied 84 points or 0.87%.
In commodities, gold futures were down 0.35% to $1,298.20 a troy ounce while crude oil futures fell 1.13% to $65.00a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, was up 0.07% to 93.62.