U.S. stock futures: Dow +0.1%. S&P +0.1%. Nasdaq +0.1%-1/6/14

Japan leads Asian stocks lower, Europe mixed

• Asian shares tilt lower and European equities are mixed, while U.S. stock futures are flat-to-higher.
• Japan's Nikkei sank 2.35% on the first day of trading of 2014, although that was off the back of a nine-day winning streak prior to the New Year break. "A consolidation move of some kind was in order for stocks after that long nine-day run up," says asset manager Yoshihiro Okumura. "The magnitude of the fall is understandable considering the dollar's weakness."
• The Shanghai composite dropped 1.8%, pulled lower by slowing services growth, the re-opening of the IPO market and concern about how government reform might affect GDP.
• In Europe, Spanish shares climbed 0.7% following strong PMI data. Elsewhere, London is -0.2%, Paris flat, Frankfurt -0.1%, Milan +0.7% and the the EU Stoxx 50 is +0.1%.
• U.S. stock futures: Dow +0.1%. S&P +0.1%. Nasdaq +0.1%

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