Stock futures moved mostly lower on Monday after the weekend's G20 meeting raised fears over protectionist attitudes among the world's largest economies. 

S&P 500 futures were down 0.14%, Dow Jones Industrial Average futures fell 0.02%, and Nasdaq futures slid 0.01%. 

World finance leaders dropped a long-standing pledge to pursue free and open trade at the G20 meeting over the weekend at the behest of U.S. Treasury Secretary Steven Mnuchin and the Trump administration. Scrapping the pledge to resist "all forms" of protectionism aligns with Donald Trump's push to put "America first," though Mnuchin later tried to downplay the shift by arguing that prior language was "not really relevant" and that Washington still supports free trade. A pledge to fight climate change also was removed at the G20 meeting.

"Mnuchin made the point earlier last week that the Trump administration has no desire for trade wars but does want certain trade relationships to be fairer for U.S. workers," Societe Generale's Michala Marcussen wrote in a note. "Exactly how this will be reflected in actual policy, however, remains uncertain with the future of NAFTA, a potential Border Adjustment Tax (BAT) and view on currency manipulation as the focal points ... Our baseline assumes that ultimately the U.S. politic bark will ultimately prove worse than the bite as more protectionism would hurt all, including U.S. households."

The U.K. has set March 29 as the date it will begin formally removing itself from the European Union by triggering Article 50 of the Lisbon Treaty. Minister David Davis said in a statement that the U.K. was "on the threshold of the most important negotiation" of a generation as it prepares to determine the terms of its "Brexit." The U.K. voted to exit the EU last June in a shocking outcome that sparked fears of wider spread populism in Europe. 

Walt Disney's (DIS) - Get Report live-action Beauty and the Beast brought in a record haul in its weekend debut. The film was the best box office open of the year and the seventh-best on record, bringing in an estimated $170 million in North America. Beauty and the Beast is just one of several Disney movies reimagined as live action, following remakes of Cinderella, Alice in Wonderland, andThe Jungle Book.

CytomX Therapeutics (CTMX) - Get Report rocketed 24% higher in premarket trading after announcing a larger collaboration with Bristol-Myers Squibb (BMY) - Get Report . The drugmaker will receive a $200 million upfront payment as Bristol-Myers uses its Probody platform to develop treatments for cancer. CytomX is also eligible for $448 million in milestone payments. 

Movado Group (MOV) - Get Report slumped 6% after fourth-quarter earnings and sales missed estimates and its outlook came in on the weak side. The watchmaker reported a drop in net income to 22 cents a share over its recent quarter from 34 cents a year earlier. Consensus was for 23 cents. Sales fell 8.7% to $130.8 million and missed estimates of $136.9 million. For fiscal 2018, Movado anticipates adjusted earnings no higher than $1.55 a share, falling short of $1.60 consensus. 

Deutsche Bank (DB) - Get Report fell 2% in premarket trading after announcing plans to issue 687.5 million in shares to raise 8 billion euros. A share price of 11.65 euros is 35% below Friday's trading levels. The bank also said it had cut staff bonuses by 80% last year following its second straight full-year loss.

Albertsons, the grocery-chain operator backed by Cerberus Capital Management, has held preliminary talks to merge with Sprouts Farmers Market (SFM) - Get Report , people with knowledge of the matter told Bloomberg. The discussions, which took place in recent weeks, are at an early stage and may not lead to a deal. The talks have involved a plan to take organic grocer Sprouts private and add it to Albertsons' portfolio, which includes eponymous grocery stores and the Safeway store brand.

Sprouts shares rose 6% in premarket trading on Monday.

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