US equity index futures have opened sharply lower for the new week

Ugly.

Nasdaq futures, NQ, -1.28%, down more than 260 pointsS&P 500 futures, ES, -0.85%, down more than 50 pointsOil, CL, up more than 1%

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.