Futures for the Dow Jones Industrials turfed 184 points, or 0.4%, to 42,562.
Futures for the S&P 500 fell 28.25 points, or 0.5%, at 5,771.75.
Futures for the NASDAQ tumbled 128 points, or 0.6%, to 20,099.25.
The move in futures comes after a bumpy week for stocks that saw the major averages grind out modest gains. The S&P 500 added 0.2% for the week, while the NASDAQ Composite inched up 0.1% and the Dow added 0.1%.
It was the fourth winning week in a row for all three averages, helped by a stronger-than-expected jobs report on Friday that gave more support to the idea that the Federal Reserve may pull off a “soft landing” for the U.S. economy. The Dow closed at a record high after the report.
Earnings season also starts to heat up, with results from Delta Air Lines due up Thursday and JPMorgan Chase set to report Friday.
On the economic front, key releases in the week ahead include the Federal Reserve meeting minutes on Wednesday and the consumer price index report on Thursday.
In Japan, the Nikkei 225 gained 1.8% Monday, while in Hong Kong, the Hang Seng accelerated 1.6%.
Oil prices hiked $2.02 to $76.40 U.S. a barrel.
Gold prices gained nine dollars to $2,678.80