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Futures stocks european equity futures weakness
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European equity futures weakness spilled into US futures stocks, with S&P 500 contracts down 0.3% before the bell. Investors await FOMC minutes for guidance on monetary policy trajectory. James Brumley has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy . The U.S. Department of Energy plans to take a 5% stake in Lithium Americas and a separate 5% stake directly in the company's Thacker Pass lithium mine, a joint venture between the Canadian miner and General Motors , Wright told Bloomberg Television. Thacker Pass is expected to become one of the largest sources of lithium in North America. Futures stocks saw volatility as crude oil spiked back above $80/barrel, renewing inflationary concerns that could delay rate cuts. Energy sector futures outperformed in the shift.