U.S. stock markets may continue their slide from last week as investors brace themselves for the latest report on the service sector from the Institute for Supply Management. Stock futures are down following a sell-off in markets in Europe and Asia.

The closely watched Institute for Supply Management's index of non-manufacturing businesses is due to be released at 10 a.m. New York time. A Bloomberg News survey estimates that the index probably fell to 57 in February from 59 the previous month.

Pundits are divided over whether the market was headed down an Olympic grand slalom ski course or a gentle bunny slope. Speeches later today by Fed Governor Kevin Warsh, Fed Governor Randall Kroszner and Fed Bank of St. Louis President William Poole might help clarify matters. Then again, they may just further confuse them.

In corporate news:

The Blackstone Group has emerged as the leading bidder for DaimlerChrysler AG's (NYSE:DCX) Chrysler, according to the Detroit News. Reuters reports that other potential buyers include General Motors Corp. (NYSE:GM) and Cerberus Capital Management.

Alltel Corp. (NYSE:AT) is stepping up efforts to tell itself to larger rivals such as Verizon Communications Inc. (NYSE:VZ) or Sprint Nextel Corp. (NYSE:S), according to the Wall Street Journal.

Gee, I wonder which one of the many bidders is leaking this stuff to the media.

Research in Motion Ltd. (NASDAQ:RIMM) is hitting the reset button on its earnings. The maker of the Blackberry is restating results from fiscal years 2004, 2005, 2006 as well as the first quarter in 2007 following a review of stock-option grants.

Computer glitches forced delays yesterday for passengers on U.S. Airways Group Inc. (NYSE:LCC). Passengers at Charlotte-Douglas International Airport waited at terminals for as long as an hour and a half because U.S. Airways' automated kiosks didn't work. The airline should phone up JetBlue Airways Corp. (NASDAQ:JBLU) Chief Executive David Neeleman for pointers on apologizing to passengers.