Futures Down to Start the Week

Markets are looking to pick up right where they left off last week. All major indices were in the red pre-market with Nasdaq futures leading the way down 246, or 1.94%, while the S&P and Dow futures were down 1.61% and 1.32%, respectively.

10-YEAR: Continues its climb with a 7 basis point jump to 3.19% to start the week.

OIL: Remains elevated, but is down 2 dollars to start the week at $107 a barrel.

Later Today:

10:00 AM: Consumer inflation expectations are expected to climb 20 basis points to 6.8%.