U.S. stock futures fell on Sunday, indicating a lower open for Asian and European bourses, and potentially heralding more historic weakness for U.S. shares after a long holiday weekend.
Last week, growing fears about the health of the global economy sent the Dow Jones Industrial Average to its worst ever two week start to a new year. The S&P 500 Index was left dangling near its lowest level in more than a year.
Crude, meanwhile, swooned below $30 a barrel to a 12-year low last week. All eyes will be on commodity markets, where lower oil is boosting consumer pricing power but wreaking havoc on oil producers worldwide. In early trading, crude futures fell below $29 per barrel.
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