U.S. stock-index futures pared declines as new-home construction climbed in July to the highest level in almost eight years, offsetting a selloff in commodities that weighed on raw-materials producers.

Global Stocks:

Nikkei 20,554.47 -65.79 -0.32%

Hang Seng 23,474.97 -339.68 -1.43%

Shanghai Composite 3,749.12 -244.54 -6.12%

FTSE 6,524.98 -25.32 -0.39%

CAC 4,986.91 +2.08 +0.04%

DAX 10,954.97 +14.64 +0.13%

Crude oil $41.91 (+0.10%)

Gold $1116.20 (-0.20%)