U.S. stock index futures edged higher on Monday as a weak reading on Chinese manufacturing raised hopes that the Chinese government would issue new stimulus to combat slowing momentum, though ongoing tensions in Ukraine weighed on sentiment. * Recent momentum on Wall Street has been to the upside, with the S&P 500 (.SPX) hitting an intraday record on Friday, though it subsequently ended the day lower. * Concerns about the region continued on Monday as Russian troops seized a Ukrainian marine base in Crimea, the latest in a confrontation that has prompted the United States and European Union to respond with personal sanctions against some of Russian President Vladimir Putin's political and business allies. * China's manufacturing engine contracted in the first quarter of 2014, according to the flash Markit/HSBC Purchasing Managers' Index.
via Business News - Yahoo Finance http://ift.tt/1rn9a7s
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