U.S. stock futures were lower Monday morning despite the pledge from world leaders to take coordinated measures to help the global economy. Most remained skeptic as not many concrete measures were announced, but mostly talk about more fiscal and monetary stimulus. The reaction in Europe was mute as markets started Monday somewhat lower following Asia's mixed performance.Meanwhile, Japan's economy slid into a recession for the first time since 2001, and oil prices fell below $56 a barrel on the news.
Several economic reports are due today including October industrial production and capacity utilization figures, and November Empire State Index -- a measure of manufacturing activity in the New York region.
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