The U.S stock index futures started the week by opening lower in the early trading session on Monday. The investors are more concerned about the rapidly rising interest rates than the corporate results announcements, which is due to be announced in few days.
Dow Jones plunged to 26,399.45. The Nasdaq futures opened lower at 7874.76. The futures for the Standard & Poor's 500 index were down at 2877.49.
Besides the rates, the investors are also concerned about the potential tension, between the European Union and Italy because of the budget related issues.