The government will release its weekly estimate of the number of people who applied for unemployment benefits for the first time last week. Economists expect that applications rose to 405,000 from 398,000 the previous week.
Kraft Foods rose more than 6 percent in premarket trading after the company said that it plans to split into two. One company will focus on snacks and the other will target the grocery business.
Ahead of the opening bell, Dow futures are down 77, or 0.5 percent, to 11,755. S&P 500 futures are down 8, or 0.7 percent, to 1,246. Nasdaq 100 futures are down 14, or 0.6 percent, to 2,288.
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