US equity futures were lower pre-bell Monday following the US credit downgrade by Moody's.
Dow Jones Industrial Average futures fell 0.7%, S&P 500 futures retreated 1.2%, and Nasdaq futures were down 1.6%.
Moody's on Friday lowered the country's credit rating to Aa1 from Aaa and changed its outlook to stable from negative.
Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.8% at $64.87 per barrel and US West Texas Intermediate crude 0.9% lower at $61.42 per barrel.
The index of leading economic indicators, slated for 10 am ET, is seen dropping by 0.7% for April to match March's decline, according to estimates compiled by Bloomberg.
