Market preview: S&P futures -1.3% and following Europe lower as concerns that the debt...

|By:, SA News Editor
Market preview: S&P futures -1.3% and following Europe lower as concerns that the debt crisis might spread to Italy add to the gloom following Friday's dismal jobs report. Peabody -1.1% and Arcelor Mittal -3% after they say they're jointly bidding $5B for Macarthur Coal. Sirius +2.7% as it joins the Nasdaq 100. Later: Employment Trends Index, Alcoa kicks off earnings season.