By Rodrigo Campos
NEW YORK (Reuters) - U.S. stock index futures fell on Monday as manufacturing growth across Asia and Europe eased in November, with demand waning even in the face of sharp price cuts.
Sliding oil and metals prices are seen dragging on energy and mining stocks. The Select Sector SPDR Energy exchange-traded fund
Markit's final November manufacturing Purchasing Managers' Index for the euro zone was 50.1, its lowest reading since June 2013 and down from a flash reading in mid-November of 50.4, despite price cuts made possible by tumbling input costs. New orders declined for a third month.
U.S. manufacturing data is due later in the day, with Markit's gauge out at 9:45 a.m. (1445 GMT), followed 15 minutes later by the Institute for Supply Management's report.
Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group.
Major U.S. stock indexes racked up a sixth straight positive week Friday, with the S&P 500 up in 12 of the last 15 months and closing just 0.25 percent below its record closing high.
Futures snapshot at 7:57 a.m. EST (1257 GMT):
S&P 500 e-minis
Nasdaq 100 e-minis
Dow e-minis <1YMc1> were down 60 points, or 0.34 percent, with 33,436 contracts changing hands.
(Editing by Bernadette Baum)
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