Stock index futures pointed to a lower open for Wall Street on Monday, extending recent losses.

Insurer AIG was set to take a $30 billion lifeline from the U.S. government in a package that includes more lenient terms on an existing government investment in its preferred shares. AIG is expected to post a fourth quarter loss of $60 billion on Monday, the biggest quarterly loss in history.

American Capital , Edison International and Pepco Holdings are among the other companies reporting.

Personal consumption and manufacturing PMI are among macro data due.

HSBC launched a 12.5 billion pound ($17.7 billion) rights issue to shore up its balance sheet after annual profit more than halved and as bad debts soared in the United States.

The bank said it would close the majority of its HFC and Beneficial-branded U.S. branch network, resulting in the loss of 6,100 jobs and that, with the exception of credit cards, the U.S. divisions would write no further consumer finance business.

U.S. stocks fell and the S&P 500 hit a 12-year closing low on Friday, after the government said it will take a large stake in Citigroup's common shares, fanning fears it will increase its role in other major banks.

(Reporting by Brian Gorman; Editing by David Holmes)