U.S. stock futures fell after the Standard & Poor’s 500 Index posted its biggest single-day gain in two weeks, as investors awaited a report on retail sales in the world’s biggest economy. Goldman Sachs Group Inc. (GS) lost 1.4 percent in German trading before the lender reports second-quarter earnings tomorrow. Mastercard Inc. (MA) and Visa Inc. (V) rose after they agreed to settle a price-fixing case brought by retailers over credit-card swipe fees. S&P 500 futures expiring in September lost 0.2 percent to 1,349.1 as of 6:47 a.m. in New York. The U.S. stocks benchmark added 0.2 percent last week after a 1.7 percent rally on July 13 reversed four days of losses. Dow Jones Industrial Average futures lost 23 points, or 0.2 percent, to 12,689 today. “It looks to be another difficult day in the U.S.,� said Chris Beauchamp, a market analyst at IG Index in London. “There still seems little reason to become enthusiastic about the prospects for the global economy.� American retail sales probably rose in June for the first time in three months, reflecting a pickup in demand for automobiles, economists said before a report at 8:30 a.m. in Washington. Sales will increase 0.2 percent, after a 0.2 percent-drop in May, according to the median forecast of 72 economists surveyed by Bloomberg. U.S. stocks rose last week, reversing losses on the final day, as a rally in JPMorgan Chase & Co. (JPM) and speculation China will boost stimulus measures tempered concern about earnings and the global economy. JPMorgan jumped as Chief Executive Officer Jamie Dimon said the biggest U.S. bank by assets will probably post record earnings for 2012 even after reporting a $4.4 billion trading loss. Chinese Economy China’s Premier Wen Jiabao warned the momentum for a recovery in economic growth isn’t yet in place and that “difficulties� may persist for a while, the official Xinhua News Agency reported. In the U.S., data from the Federal Reserve Bank of New York is projected to show factories in its region expanded at a faster pace in July. A 10 a.m. report from the Commerce Department may show inventories at U.S. businesses increased. Four out of the six S&P 500 companies that reported results last week beat analysts’ earnings estimates while one missed, data compiled by Bloomberg show. Overall, profits probably decreased 2.1 percent in the second quarter, the first drop in almost three years, according to a Bloomberg survey of analysts. Goldman Sachs lost 1.4 percent to $96.07 in Germany. The lender reports second-quarter earnings tomorrow. Credit Cards Mastercard rose 2.7 percent to $441.27 in Frankfurt trading after agreeing to settle the lawsuit at a cost of $790 million and temporarily reduce rates charged to retailers. The total value of the settlement is $7.25 billion to a class of about 7 million merchants in the U.S. that accept Visa and MasterCard credit and debit cards, according to Robins Kaplan Miller & Ciresi LLP, a law firm for the merchants. Visa, the world’s biggest payment network, gained 2.9 percent to $127.75 in early New York trading after saying it will settle its share of the antitrust case for about $4.4 billion. Citigroup (C) Inc rose 0.4 percent to $26.75 in early New York trading. The fourth-largest U.S. bank will release second- quarter earnings today. Johnson & Johnson and Intel Corp. are also due to announce results tomorrow. To contact the reporter on this story: Namitha Jagadeesh in London at njagadeesh@bloomberg.net To contact the editor responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net

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