Market meltdown aftermath

LONDON (CNNMoney.com) -- Stocks will attempt to bounce back Monday from one of the worst selloffs on Wall Street in years.

At 4:55 a.m. ET, futures were higher, although the fears that sent stocks reeling last week remain at the surface.

Credit woes triggered a global stock market plunge last week. The Dow Jones industrial average, a barometer of the market which tracks 30 large U.S. companies, suffered its worst week since March 2003.

Turmoil in the debt markets shook investors last week, raising concerns about a looming credit crunch. Tighter credit could bring the buyout boom, which has helped lift stock prices, to a halt. It could also raise the borrowing costs for companies and pressure corporate earnings.

But investors will have a number of releases to mull this week. General Motors (Charts, Fortune 500) and Walt Disney (Charts, Fortune 500) are due to post results, and the government's closely watched employment report is set to be released Friday.

In global trade, Asian markets finished the session higher. European stocks rose in early trading.

In major corporate news, the family that controls Dow Jones (Charts) is due to make a decision on Rupert Murdoch's $5 billion takeover bid by the end of Monday.

Dutch bank ABN Amro (Charts) adopted a neutral position on two rival takeover offer it has received after withdrawing support for a bid from British bank Barclays (Charts).