Good morning! U.S. futures forecast a sharp decline in the stock market today from yesterday's close. Dow futures are down 154 points.
What to watch today: The U.S. stock markets continue to retreat on concerns about falling oil prices, ahead of several labor-market indicators released today. On Monday, crude oil prices crashed to a new five-year low, slipping more than 4% on the day after Morgan Stanley (NYSE: MS) slashed its oil forecast through 2018.