US equity index futures dropped late Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that President Donald Trump has privately discussed firing the head of the US Federal Reserve.
In early trading, the benchmark S&P 500's emini futures contract was off by about a quarter of a percent. Futures tracking the Nasdaq Composite Index and Dow Jones Industrial Average were lower by similar amounts.
With investors worried over the US-China trade dispute and interest rate hikes by the Fed, US stocks have plunged in December, with the S&P 500 suffering its largest monthly loss so far since the financial crisis a decade ago. It is also on pace for the largest loss in any December since the Great Depression.
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