Wall Street futures underlined a global market sell-off on Monday as investors fretted over the potential knock-on effects of U.S. President Donald Trump's surprise failure to deliver on health-care reform.
Dow futures were set for triple-digit losses, down around 150 points at 8:45 a.m. ET, after Republicans dramatically pulled their health-care bill on Friday.
"The market's patience is wearing thin," Vasileios Gkionakis, head of global FX strategy at Unicredit, told CNBC on Monday.
"It definitely doubts the U.S. administration's ability to push forward with this so much talked and discussed agenda including the fiscal stimulus, tax deregulation, tax cuts," Gkionakis added.
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