Global Markets Update: Autos Drive European Shares Down On Oil Price Worry

Monday, 27 Feb 2012 | 6:10 AM ET

US stock index futures pointed to a lower open for Wall Street on Monday on concerns that rising oil prices are threatening the fragile global economic recovery. European shares fell on concerns about high oil prices affecting company earnings and global growth, and as the Group of 20 countries said Europe must commit more money to fight the debt crisis before seeking their help.