The Dow futures declined by three points, or about 0.02% in New York and S&P 500 E-mini futures ticked down 0.05%. Nasdaq 100 E-mini futures were lower by 0.07%.
The euro rose 0.16% against the U.S. dollar while the pound was lower by 0.29%. The dollar fell 0.24% against the yen.
Over the weekend, it was reported that General Electric (GE) is nearing an agreement to sell its private-equity lending unit to Canada's biggest pension fund, sources told the Wall Street Journal. The terms are still reportedly being discussed for a takeover that would include more than $10 billion of assets, but less than the unit's full book of $16 billion, one of the sources said.
Abroad, the embattled co-chief executives of Deutsche Bank (DB) announced their resignations on Sunday after weeks of criticism from labor unions and the media in Germany, which was specifically focused on the bank's decision to cut thousands of jobs and close many branches, other sources told the Journal.
Dougan is leaving as actions by regulators have "cast a shadow" on his legacy, the Journal said. Dougan shared in an interview that "conduct issues" have generally hurt the financial industry, but maintained that Credit Suisse had been unfairly singled out for pleading guilty to a crime in the U.S. last year related to aiding American tax evasion.
And Turkey's Islamist-rooted government lost its majority in national elections after 13 years in power, raising the prospect of a coalition government and challenging President Recep Tayyip Erdogan's efforts to consolidate power, the Journal reported.
Looking ahead, today, Sears Holdings (SHLD) and Bio-Reference Labs (BRLI) report earnings. TheStreet's Jim Cramer said Sears will undoubtedly have a disappointing quarter while Bio-Reference will need to update investors on its deal with Opko Health (OPK).
On Tuesday, lululemon athletica (LULU) reports and Cisco Systems (CSCO) hosts its analyst meeting. Cramer said lululemon could go either way, but he has high hopes for Cisco's new CEO, which is why he owns Cisco for his charitable trust, Action Alerts PLUS.
Separately, this week's bonus Barron's pick is Corning (GLW). The famed glassmaker has reinvented itself and bet on 4K ultra-high-definition TVs, which could bring a 40% gain to the stock price in the next 12 to 18 months, QCI Asset Management principal Edward Shill told Barron's.
Finally, on Friday, we'll be watching the producer price index, with the inflation numbers giving more grist to the mill of speculation on rate hikes.
Last week stocks ended mixed as optimists and pessimists debated whether a strong nonfarm payrolls report was a good thing.
On Friday, The S&P 500 was down 0.15% and the Dow Jones Industrial Average fell 0.31%, while the Nasdaq rose 0.18%. All benchmark indexes closed with weekly losses with the S&P 500 down 0.69% and the Dow down 0.89%.
For economists, the jobs report reinforced views that first-quarter softness was an aberration and not indicative of a fundamental slowdown in the U.S. economy. On the other hand, the jobs report supported fears the Federal Reserve will feel more confident raising rates sooner than later.
The U.S. economy added 280,000 jobs in May, the Labor Department said Friday. Economists had expected the economy to add 210,000 jobs in May. April's jobs number was revised down to 221,000 from 223,000. Click here for more (payroll).