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S&P 500 index futures were trading lower by six points at 2092.50 in Monday's session. The index found resistance at 2102.50 in pre-market trading and spent the majority of the session in the red. Off the open, it could not maintain Friday's close (2098.50), briefly trading up to 2099 and retreating.
Most of the top 10 components in the index are in the red, with
Procter & GamblePG is hovering around unchanged for the day.
Leading the way on the downside is
Exxon MobilXOM shares which are trading lower by $0.73 at $78.48. The issue is continuing its slide from Friday that was result of a Q2 EPS miss. It is followed by
General ElectricGE shares which are trading lower by $0.21 at $25.90.
PfizerPFE shares are unchanged at $36.06. The issue reached a 13-year high on Friday when it peaked at $36.46, but fell back to close at $36.06. It has found resistance ahead of that level in today's session, only reaching $36.30.
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