U.S futures point to a lower opening bell on Monday.

Investing.com - U.S. futures pointed to a lower opening bell on Monday, as the economic crisis in Turkey rattled global markets.

The fell 7 points, or 0.26%, to 2,829.50 as of 6:50 AM ET (10:50 GMT) while slumped 74 points, or 0.29%, to 25,257.0. Meanwhile tech heavy decreased 19 points, or 0.26%,to 7,407.50.

The after Turkey’s central bank pledged to provide liquidity and cut reserve requirements for Turkish banks. The lira had fallen to fresh lows over the weekend as the country’s diplomatic spat with the U.S. and Turkish President Tayyip Erdogan’s control over the economy spooked investors.

Intel (NASDAQ: ) was among the top gainers in pre-market trading, rising 0.31% while Campbell Soup Company (NYSE: ) surged 2.30%.

Elsewhere, Tesla (NASDAQ: ) was down 0.43% after investors sued CEO Elon Musk for allegedly manipulating the share price after tweeting that he had secured funding to take the company private. Wells Fargo (NYSE: ) fell 1.03%, while Facebook (NASDAQ: ) dipped 0.63% and Netflix (NASDAQ: ) decreased 0.25%.

In Europe stocks were lower, as banks fell over concerns of their exposure to Turkey. Germany’s fell 71 points or 0.58% while in France the decreased 16 points or 0.31% and in London, the was down 43 points or 0.57%. Meanwhile the pan-European lost 17 points or 0.52% while Spain’s slumped 105 points or 1.10%.

In commodities, fell 0.81% to $1,209.10 a troy ounce while futures were down 0.22% to $67.48 a barrel. The which measures the greenback against a basket of six major currencies, rose 0.09% to 96.28.