Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.7 percent, Dow Jones futures down 0.7 percent and Nasdaq 100 futures down 0.7 percent at 0758 GMT (3:58 a.m. ET).
The euro currency fell on Monday and European stocks dropped after euro zone finance ministers delayed a final decision on extending emergency loans to debt-stricken Greece, dashing hopes for a quick solution to the political impasse.
Euro zone finance ministers postponed a final decision on extending 12 billion euros ($17 billion) in emergency loans to Greece, saying Athens would first have to introduce harsh austerity measures.
The ministers said they expected the money, the next tranche in a 110 billion euro bailout of Greece by the European Union and the International Monetary Fund, to be paid by mid-July. Greece has said it needs the loans by then to avoid defaulting on its debt.
Moody's on Friday threatened to cut Italy's credit ratings in the next 90 days on worries that Greece's crisis may drive euro-zone interest rates higher and derail Italy's fragile economic recovery.
U.S. oil fell as much as $1.04 a barrel to $91.97 on Monday, extending last week's losses.
Ford Motor Co
General Electric Co
The Dow and S&P 500 rose on Friday after France and Germany outlined an agreement to aid debt-burdened Greece, but analysts said a recent bearish trend may not be over.
The Dow Jones industrial average <.DJI> rose 42.84 points, or 0.36 percent, to end at 12,004.36. The Standard & Poor's 500 Index <.SPX> gained 3.86 points, or 0.30 percent, to 1,271.50. But the Nasdaq Composite Index <.IXIC> fell 7.22 points, or 0.28 percent, to 2,616.48.
(Reporting by Blaise Robinson; Editing by Will Waterman)