U.S. stock index futures pointed to a mixed open as investors remained on the sidelines ahead of the June 28-29 EU Summit, which is expected to do little to resolve the region’s debt crisis. Major economic data like durable goods and pending home sales are scheduled to be released. Best Buy Co Inc will be in focus after sources said it is working with banks including Credit Suisse to explore a potential private takeover of the world's largest consumer electronics retailer. European shares surrendered most of their early gains, with cyclical shares losing ground. Most Asian shares ended higher. Oil and gold were lower.
TOP NEWS
• Europe's leaders at odds before summit
European leaders sound unusually divided before a high-stakes summit, with Germany's Angela Merkel saying total debt liability would not be shared in her lifetime and giving little support to Italian and Spanish pleas for immediate crisis action.
• Judge halts sales of Samsung Galaxy Tab in U.S.
A U.S. judge on Tuesday backed Apple Inc's request to stop Samsung Electronics selling its Galaxy Tab 10.1 tablet in the United States, giving the iPhone maker a significant win in the global smartphone and tablet patent wars.
• Planned Google tablet to rival Amazon
Google Inc will soon unveil a tablet co-branded with Taiwan's Asustek Computer Inc and priced to compete with Amazon's Kindle Fire device, an Asustek executive said.
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