Futures on the New York Stock Exchange slightly declined following the S&P’s best week in nearly a year. It’s not very surprising, considering that the earnings season start and investors exercised caution. They also remained concerned about Europe’s fiscal issues and their sovereign debt.
Many eyes are focused on Alcoa, the world’s third largest producer of aluminum, which is expected to swing to a profit in its second quarter.
Johnson & Johnson shares fell 12 cents to $60.42, but the company plans to acquire Micrus Endovascular Corp, which is involved in making …