S&P 500 futures

Price action is lingering just below with U.S and China trade talks and Middle East tensions front and center. China confirmed this morning that lower-level delegates are preparing for a meeting between President Trump and President Xi on the sidelines of the G-20 Summit June 27-29.
The Federal Reserve did not cut rates yesterday but removed ‘patient’ from their statement and said the case for a cut is building. They cited slowing global growth, inflation persistently below their 2% target and headwinds due to the U.S and China trade war as reasons to accommodate the economic expansion.

U.S. stock index futures fell on Monday as investors worried about the Federal Reserve pressing ahead with its plan to raise interest rates this year. 

First of all, welcome back from the holiday weekend and Happy New Year. Or possibly not so happy new year for the equities.