Stocks futures point to lower opening as investors prepare for crush of earnings

Stocks futures lower ahead of busy earnings week

NEW YORK — Stock futures are lower as investors brace for a crush of earnings reports this week, including key readings from the banking sector.

Overseas, Asian markets tumbled Monfay, but European stocks have posted only modest losses.

The earnings results will give investors a chance to see if there was meaningful recovery in during the second quarter. Just as important, investors will be looking for any company forecasts about future results.

Ahead of the opening bell, Dow Jones industrial average futures are down 22, or 0.3 percent, at 8,063. Standard & Poor’s 500 index futures are down 3.10, or 0.4 percent, at 871.20, while Nasdaq 100 index futures are down 7.25, or 0.5 percent, at 1,408.75.