Here are 10 things you should know for Monday, Feb. 3:
1.-- U.S. stock futures reversed course and were pointing to modest losses for Wall Street on Monday. Global stocks declined as another survey indicated that January's factory output in China slowed from December.
European stocks declined while Asian shares ended Monday's session with losses. Japan's Nikkei 225 index fell 2% to 14,619.13. Markets in Hong Kong, China, Taiwan and Malaysia were closed for Lunar New Year holidays
2.-- The economic calendar in the U.S. Monday includes the ISM Index for January at 10 a.m. EST and construction spending for December at 10 a.m.
3.-- U.S. stocks fell on Friday and posted the worst month since May 2012 as Amazon (AMZN), Wal-Mart (WMT), MasterCard (MA) and Mattel (MAT) tumbled on disappointing quarterly results, and global equities slumped on renewed concerns that emerging market economies, led by China, are slowing more than expected.
- The S&P 500 declined 0.65% to close Friday at 1,782.59, while the Dow Jones Industrial Average fell 0.94% to 15,698.85. The Nasdaq slid 0.47% to 4,103.88. The S&P 500 fell 3.18% in January, which was the worst tumble since a 6.27% drop in May 2012. The Dow tumbled 4.88% in January, which was its biggest loss since a 6.21% drop in May 2012.