BUSINESS
The blue-chip Euro STOXX 50 index was set for its worst one-day percentage loss since late 2011.
US stock index futures fell around 1% on Monday as fears that Greece could be the first country to exit the euro zone intensified after bailout talks with lenders broke down over the weekend.
The European Central Bank froze funding to Greek banks, forcing Athens to shut banks to keep them from collapsing.
European Commission President Jean-Claude Juncker said he expects euro zone to remain at 19 members. "This is not a game of Liar's poker, either we all win or all lose."
The blue-chip Euro STOXX 50 index was set for its worst one-day percentage loss since late 2011.
Greece faces defaulting on 1.6 billion euros ($1.8 billion) of loans from the International Monetary Fund on Tuesday.
The impending default on IMF loans leaves Greece sliding towards a euro exit and has unforeseeable consequences for Europe's grand project to bind its nations into an unbreakable union by means of a common currency.
Adding to the uncertainty, Chinese stocks closed sharply lower after a frantically volatile day of trading despite surprise monetary easing moves by the central bank.
US investors also await May data for pending home sales from the National Association of Realtors, which is expected to have dropped 1.2% after rising 3.4% in April. The data is expected to be released at 10:00 ET (1400 GMT).
The Federal Reserve Bank of Dallas will issue manufacturing outlook survey for June at 10:30 ET (1430 GMT).
Investors have been keeping a keen eye on data to see if the US economy has recovered from a slow start at the beginning of the year.
The Federal Reserve has said that it will look at economic data and will raise rates when it sees a sustained rebound in the economy.
Futures snapshot at 6:38 a.m. EDT:
S&P 500 e-minis were down 23.25 points, or 1.11%, with 355,383 contracts traded.
Nasdaq 100 e-minis were down 54 points, or 1.21%, on volume of 40,264 contracts.
Dow e-minis were down 189 points, or 1.06%, with 41,978 contracts changing hands.
IND vs NZ, 2nd Test Dream11 prediction: Fantasy cricket tips for India vs New Zealand match
How To Prepare For The UPSC CSE 2025 Exam?
'India supports dialogue and diplomacy, not war': PM Modi at BRICS Summit
This woman lost in Dubai's desert orders camel via Uber, netizens say 'your camel has arrived'
Good news for Vijay Shekhar Sharma, Paytm gets NPCI nod to..., shares surge over 7%
Fan requests Rohit Sharma to deliver her message to Virat Kohli, here's how Indian captain responded
Rajkummar Rao recalls being scammed in Delhi during struggle days: 'The man had...'
Robbers pose as customers in jewellery shop, what owner did next will leave you shocked
Maharashtra Elections 2024: NCP releases 1st list of 38 candidates; Ajit Pawar to contest from…
Japanese Shah Rukh Khan leaves Bollywood Badshah's fan impressed, social media says...
Will KL Rahul be retained by LSG ahead of IPL Auction? New report provides BIG update, it says...
'Wayanad will have two MPs': Rahul Gandhi after Priyanka files nomination for bypolls
I Want To Talk teaser: Abhishek Bachchan announces his next with Shoojit Sircar, to release on...
Diwali 2024: When is Deepawali, October 31 or November 1? Check dates, mahurat timings and more
JEE Main 2025 exam date to release TODAY: Know how to register, check exam calendar HERE
Jhalmuri fever hits London: Video of British man selling Kolkata-style street food goes viral, watch
SC slams Centre as Delhi air worsens, calls environment laws...
Ex-cricketer suggests replacing KL Rahul with THIS batsman for 2nd Test vs NZ, he is…
TMC MP Kalyan Banerjee smashes bottle, hurls it towards Chair in row over Waqf meet
Know how Mukesh Ambani and Nita Ambani's children Isha Ambani and Akash Ambani got their names
Family finds venomous snakes under their bed, what happened next will leave you in shock
This company's Vice President gets fired after raise and bonus, reason will leave you shocked
Mukesh Ambani-led Jio Financial eyes JVs with Allianz SE in insurance sector
IMD's BIG update: Cyclone Dana forms over Bay of Bengal, to cross Odisha-Bengal coasts on...
This company gifts cars as Diwali bonus, calls its employees celebrities, is owned by…
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan skips her family gathering
When Ratan Tata opened up about his parents separation, first love and childhood, he said...
Blow to Mukesh Ambani ahead of Isha Ambani, Akash Ambani's birthday, Reliance stocks...
Saudi Arabia's futuristic megacity project Neom a big threat to migratory birds? Experts say...
Apple CEO Tim Cook didn’t know about this iPhone feature, left speechless, know here
Mukesh Ambani's Reliance Jio offers superhit Diwali plan, unlimited 5G internet for just Rs...
Bengaluru Rains: Schools closed, WFH advisory for private companies as IMD issues yellow alert
Israel confirms killing of Hashem Safieddine, presumed successor of Hezbollah chief Hassan Nasrallah
Big move by Anil Ambani, his company to invest Rs 10000 crore to set up India's largest...
Meet Indian genius, who was born in small town, today leads AI innovations of Google, she is...
Woman stays at luxury resort worth Rs 3 lakh for free, claims she used...
Delhi AQI update: Air quality worsens to 'very poor' level at 349, becomes 'severe' in these areas
PM Modi to hold bilateral talks with Xi Jinping at BRICS Summit today
Odisha, West Bengal brace for Cyclone Dana: How was it named and what it means?
POCSO case: Mumbai Police ask Ekta Kapoor, her mother to appear for questioning tomorrow
Watch: Can you identify all the actors in this clip from 1991?
Priyanka Gandhi to file nomination for Wayanad Lok Sabha bypoll today
Meet woman, whose father used to sell milk, cracked UPSC exam with AIR 62 to become...
Delhi: No water supply in Capital for 12 hours on Friday due to…; check list of affected areas
Salman Khan resumes shooting for Sikandar amid death threats from Lawrence Bishnoi
India, Pakistan extend Kartarpur Sahib corridor agreement for five years
DNA TV Show: What is BRICS currency? Is it possible to introduce it today?
IPL 2025: Three-time IPL champion set to join Gujarat Titans as batting coach - Reports
PM Modi, Xi Jinping to hold bilateral meet on sidelines of BRICS Summit on Oct 23, first in 5 years
New Himalayan snake species named after Academy Award winner Leonardo DiCaprio, it will be called…
Cyclone Dana: Schools closed in West Bengal, Odisha for 4 days from...
Delhi govt to provide special assistance of Rs 5000 monthly to...
Rape-accused Hollywood producer Harvey Weinstein diagnosed with bone marrow cancer
IND vs NZ: Sarfaraz Khan or KL Rahul; Who will find a spot in 2nd Test? India coach says…
Mumbai Police interrogates Ekta Kapoor, her mother Shobha Kapoor in case under POCSO act
Mukesh Ambani may team up with govt to sell food products through...
Bengaluru: Several feared trapped as under-construction building collapses
Best Cheap VPS Hosting Providers: Top Picks for Hosting Under USD 10
Zomato CEO Deepinder Goyal set to raise Rs 8500 crore, says it is meant to...