Wall Street point to a lower open Monday, as declines in U.S. crude oil weighed and an official survey showed China's factory sector contracted for the sixth month.
Dow futures held more than 100 points lower after personal income data showed a 0.3 percent increase in December. Consumer spending was unchanged. November personal spending was revised higher to 0.5 percent.
As of 8:48 a.m. ET, U.S. light crude futures for March trimmed losses to hold about 3.75 percent lower, near $32.40 a barrel Monday, following the data from China. Brent crude futures for April held a touch higher, near $34.80 a barrel.