NEW YORK (Reuters) - Stock index futures slid on Monday as concerns about the deepening global economic slump diminished the appetite for riskier assets and investors fretted about the start of what is feared to be a bleak holiday shopping season in years.
A sharp drop in commodity prices, including those for oil, platinum and gold, underscored worries that a global recession will hurt demand.
S&P 500 futures were 25 points lower and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures slid 211 points, and Nasdaq 100 tumbled 30.25 points.
U.S. front-month crude fell $2.80, or 5.2 percent, to $51.62 a barrel.
(Reporting by Ellis Mnyandu; Editing by Kenneth Barry)
