- US stock futures moved lower on Monday, while Treasuries remained firm as traders adjusted their wagers following last week's selloff. Brent crude dipped below $77 per barrel.
- Contracts on the S&P 500 fell 0.2%, with Boeing losing nearly 10% after a fuselage portion of a 737 Max 9 ejected during a flight over weekend. Spirit AeroSystems, which fitted the panel, dropped 21%. Oil fell over 3% after Saudi Arabia cut official selling prices for all regions, highlighting the market's continuing weakness. European stocks fell in tandem with Asian markets.
- Markets are looking for direction after disappointing US economic data on Friday capped a week in which global equities fell the most since October on anticipation the Federal Reserve will not cut interest rates soon. Further catalysts may come from the US inflation report due Thursday and the earnings season, which begins Friday with US banking names such as JPMorgan and Citigroup.
