S&P 500 Index Futures Trading Lower

S&P 500 index futures are trading lower by 24 points at 1994.50. The weakness from Friday's session has continued into today's session. The index has surpassed Friday's low (1999) and has continued to make new lows for the day. All of the top component of the index are in the red. Leading the way on the downside is JP Morgan

shares which are trading lower by $2 at $57.60. It is followed by Microsoft

share which are trading lower by $0.96 at $48.88..