U.S. stock index futures were lower Monday as market concerns about sagging global growth lingered.
European shares fell in early morning trade after the German Ifo index, an indicator of business sentiment, fell for a fifth consecutive month, highlighting fears the motor of Europe may sputter as exports to troubled euro zone countries falter.
In addition, reports that French and German lawmakers were struggling to agree on creating a banking union in the euro zone also weighed on futures.
The Dallas Fed Manufacturing Survey for September is due at 10:30 a.m. The general business index rose from -13.2 in July to -1.6 in August. Any reading below zero indicates that manufacturing executives in Texas see business conditions worsening.
Federal Reserve Bank of San Francisco President John Williams will speak on the economic outlook at a City Club Roundtable lunch later this afternoon.
Apple pulled back after Foxconn Technology, which assembles Apple's iPhones and makes components for top global electronics companies, closed a plant in China after a riot involving about 2,000 workersbroke out over the weekend. A staff member at the Taiyuan plant said the factory could be closed up to two to three days for police investigations.