U.S. stock futures lower  in pre-market trading for Monday, August 13.The Nasdaq Futures is trading at 7,392.75 with a loss of -0.46% percent or -34.25 point.The Dow Futures is trading at 25,229.00 with a loss of -0.40% percent or -102.00 point.The S&P 500 Futures is trading at 2,826.00 with a loss of -0.38% percent or -10.75 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,857.43 with a loss of -1.98% percent or -440.65 point. Hong Kong’s Hang Seng is trading at 27,944.59 with a loss of -1.49% percent or -422.03 point. China’s Shanghai Composite is trading at 2,785.8 with a loss of  -0.34% percent or  -9.44  point. India’s BSE Sensex is trading at 37,747.46 with a loss of -0.32% percent or -121.77 point at 12:15 PM.The FTSE 100 is trading at 7,630.18 with a loss of -0.48% percent or -36.83 point. Germany’s DAX is trading at 12,347.30 with a loss of -0.62% percent or -77.05 point. France’s CAC 40 is trading at 5,396.85  with a loss of -0.33% percent or -17.82 point. The Stoxx Europe 600 is trading at 383.91 with a loss of -0.49% percent or -1.92 point.

Monday’s Factors and Events

Last week’s concerns over the state of Turkey’s economy continue, with markets in both the Asia-Pacific region and Europe showing red across the board Monday.

Stocks, too, continue to see red, after Turkey’s financial troubles sparked fear of contagion and the country’s currency took a deep slide. On Friday, the lira temporarily tumbled 20 percent against the U.S. dollar, after President Donald Trump said that he supported doubling metal tariffs on Ankara.