The major U.S. index futures are pointing to a lower opening on Monday, with the risk aversion intensifying on the developments in the eurozone. The Greek crisis is assuming enormous proposition, as it has failed to avert the political crisis stemming from a hung parliament. The specter of the nation going to elections for a second time is looming large due to the disagreement among the major political parties over the formation of government.

The major U.S. index futures are pointing to a lower opening on Wednesday, with negativity built on the back of the European political developments gathering further momentum. The bleak outlook for Europe has triggered a massive exodus from risky bets, with crude oil and gold trading at fresh multi-month lows. The euro has retreated further below the $1.3000 level. The absence of any major catalysts has precluded any revival and increased the preoccupation about the political crisis brew

The major U.S. index futures are pointing to a lower opening on Monday, although they have come off their early lows. The political developments in Europe may leave traders wary over the global economic outlook, while they may also react to the Federal Reserve's consumer credit report and a Fed speech scheduled for the day. That said, recent losses could bring some bargain hunters into the markets.

The major U.S. index futures are pointing to a slightly higher opening on Thursday, with a positive jobless claims data did not providing adequate thrust to push the futures from their indecisive state. Across the Atlantic, the European Central Bank did not announce any stimulatory props. Earnings news could largely be described as mixed. Against this backdrop, the markets may stay tuned to the Institute for Supply Management's service sector survey due to be released after the markets open.