Markets are expected to reopen on Wednesday, conditions permitting.
U.S. stock index futures fell on Monday with investors continuing to fret about the weak revenue picture developing for corporate America, and as cash equity markets were closed due to Hurricane Sandy.
The hurricane has already forced thousands to seek higher ground, halting public transport and closing schools, businesses, and government departments.
Stocks slid last week, following a series of weak results, especially from U.S. multinational companies. For the week, the Dow industrials fell 1.8 percent, the S&P 500 lost 1.5 percent and the Nasdaq dropped 0.6 percent.
The S&P 500 index is off nearly 4 percent since a peak in September and the index has fallen below its 50-day moving average, a closely watched momentum indicator. Some analysts are now looking to the 100-day moving average as the next area of support at 1,396.8. The index closed at 1,411.94 on Friday. My Daily Trading Activities - Membership Link
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