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Futures plummet amid uncertainty about U.S. banks
September 14, 2008 / 10:20 PM / in 9 years

Futures plummet amid uncertainty about U.S. banks

NEW YORK (Reuters) - Stock index futures tumbled on Sunday, pointing to a sharply lower open on Monday amid widespread uncertainty about the health of U.S. financial sector with the fate of Lehman Brothers still unclear.

<p>The Wall Street sign is seen in front of the New York Stock Exchange January 22, 2008. REUTERS/Chip East</p>

The ruptured U.S. financial system was facing an unprecedented shake-up on Sunday that could lead to the failure of Lehman Brothers, the takeover of Merrill Lynch & Co Inc. and huge asset sales by American International Group.

S&P 500 futures fell 38 points and the Dow Jones industrial average futures sank 307 points while Nasdaq 100 futures slid 45 points.

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