Futures Stumble to Begin Week

U.S. stock index futures slid in early trading Monday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season.

Futures for the Dow Jones Industrials slumped 103 points, or 0.3%, to 35,068.

Futures for the S&P 500 slid 12.75 points, or 0.3%, to 4,448.75.

Futures for the NASDAQ Composite Index fell 34.25 points, or 0.2%, to 15,100.25.

Disney shares lost 1.6% in premarket trading after Barclays downgraded the stock and predicted streaming subscriber growth will slow.

A number of big names are set to report in the week ahead week, including Netflix, Johnson & Johnson, United Airlines and Procter & Gamble on Tuesday. Tesla, Verizon and IBM are among the other names on deck for the week.

As earnings season gets into full swing, investors will be watching for company commentary around supply chain bottlenecks and inflation, among other things.

A few things dented sentiment on Monday. Overnight, China reported gross domestic product that disappointed, coming in at 4.9% annual growth in the third quarter. That was short of the 5.3% growth expected by economists polled by Reuters. Industrial production in China last month also fell short of expectations.

Overseas, in Japan, the Nikkei 225 dipped 0.2% Monday, while in Hong Kong, the Hang Seng gained 0.3%.

Oil prices gained $1.23 cents to $83.31 U.S. a barrel.

Gold prices skidded $4.50 to $1,763.80 U.S. an ounce.