US Futures Mixed of Geithner-Draghi Meeting

By: Associated Press Email
By: Associated Press Email

U.S. stock futures are mixed as Treasury Secretary Timothy Geithner meets with economic policy makers in Europe. New data out of Europe suggests a tricky path to recovery.

The European Commission released a report Monday showing that economic sentiment dipped, with pessimism growing in both the industrial and service sectors. There were sharp declines in Germany, France and in Spain. The report was released on the same day that Spain's National Statistics Institute said that its economy contracted for the third straight quarter.

Geithner is meeting his German counterpart and the head of the European Central Bank on Monday.

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