LONDON (MarketWatch) — U.S. stock futures slumped Monday, pressured by growing fears about the potential spread of the euro-zone debt crisis to nations such as Italy and Spain.
Chinese inflation data and a much weaker-than-expected U.S. jobs report further undermined investors’ appetite for assets perceived as risky such as stocks and commodities.
Futures on the Dow Jones Industrial Average dropped 131 points to 12,484 and those of the Standard & Poor’s 500 stock index fell 18.80 points to 1,322.90.
Full Story: U.S. stock futures slump on euro-zone debt jitters