Futures Drop as Europe Woos China

Investors await Chinese response to Europe's request to boost its bailout fund.

U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may pare its biggest monthly rally since 1974, as investors awaited China’s response to the European request for money to boost the bailout fund.

Alcoa Inc., the largest U.S. aluminum producer, fell in early New York trading. Chevron Corp. slid after Bank of America Corp. cut its recommendation on the shares. JPMorgan Chase & Co., the biggest U.S. lender by assets, led declining shares in European trading.

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