Worries that high oil prices could hurt the economic recovery are pushing U.S. stock market futures lower after similar declines in overseas markets.
Dow Jones industrial average futures are down 49 points to 12,912. Standard & Poor's 500 futures are off 6.5 points to 1,356.80. The Nasdaq composite index is slipping 10 points to 2,591.50.
Oil has edged below $109 per barrel, but is trading more than 13 percent higher than it was a month ago and closed Friday at its highest point since May.
In London, the FTSE 100 index is down 0.05 percent at 5,935. Germany's DAX is off 1.1 percent to 6,789. The CAC-40 in France fell 1.2 percent to 3,426.
U.S. stocks to watch include Lowes Cos. The home improvement retailer says fourth-quarter profit rose 13 percent.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus