(MENAFN– ecpulse) U.S. stock markets showed no sign of a rebound Monday following a bad January for Wall Street, when the Dow Jones Industrial Average dropped over 5%.
U.S. stock futures were hovering around levels set at Friday’s close.
-Futures on the Dow Jones Industrial Average dropped 0.019% to 15627
-Futures on the S&P 500 index dropped 0.068% to 1775.40
-Futures on the NASDAQ 100 lost 0.078% to 3511.50 . As of 07:26 a.m. ET
U.S. stocks fell Friday, ending a month of losses. The S&P 500 slipped more than 3% in January, while the NASDAQ shed nearly 2%.
Looking ahead to data due Monday, the U.S. Census Bureau will release its monthly report on construction spending at 10:00 a.m. ET. At the same time, the Institute for Supply Management will publish its monthly manufacturing index.
The world`s leading automakers will release their latest monthly U.S. sales figures over the course of the day.
In corporate news, restaurant operator Yum! Brands is set to release quarterly results after the closing bell.
European markets were weaker in morning trading as investors ignored reports of stronger manufacturing activity in the Eurozone in January.
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