Stocks poised for a fall

NEW YORK (CNNMoney.com) -- U.S. stocks were set to tumble at Monday's open as Treasury yields climbed and investors expressed anxiety about the economic outlook.

At 7:52 a.m. ET, Dow Jones industrial average, S&P 500 and Nasdaq 100 futures were lower.

Futures measure current index values against perceived future performance and offer an indication of how markets may open when trading begins in New York.

Investors might still feel a bit concerned about the 9.4% unemployment rate for May, a 26-year high, announced Friday, said David Jones, chief market strategist at IG Markets.

Also, the market has become "overbought" from the gains of the last two months, said Jones, and investors want to see new economic catalysts before they can justify another rally.

Bonds: The yield on the benchmark 10-year Treasury note rose to a seven-month high.

Rising bond yields have rattled investors lately, as there are concerns that higher costs of borrowing will derail the economic recovery.

Banks: The 10 banks that the government instructed to raise additional funds as a result of "stress tests" must submit detailed plans Monday.

The banks have managed to raise a substantial portion of the collective $75 billion, with Bank of America (BAC, Fortune 500) and Morgan Stanley (MS, Fortune 500) among the banks that have already met or exceeded the requirements.

Autos: Chrysler is expected to exit bankruptcy Monday afternoon, unless the Supreme Court intervenes and grants a stay in the sale of the automaker's assets to Fiat.

Economy: A slew of economic reports is expected this week.

On Tuesday, the government will release its wholesale inventories report for April, and a decrease of 1% is expected, according to a consensus of economists surveyed by Briefing.com.

On Wednesday, the Federal Reserve will unveil its "beige book" reading on economic activity. The Census Bureau will report the April trade balance, with the deficit expected to widen to $28.7 billion. Also, the Energy Information Administration will release its weekly crude oil inventories report. The May Treasury budget is also due.

On Thursday, May retail sales will be reported, with an expected increase of 0.3%. The Census Bureau will release business inventories for April. The Labor Department will report weekly jobless claims and Realty Trac will report the foreclosure activity for May.

On Friday, the Labor Department will release import and export prices for May. The University of Michigan will report the consumer sentiment index for June.

Airlines: The airline industry's global trade group, the International Air Transport Association, said that losses for the industry could reach $9 billion this year because of declining demand, "broken consumer confidence and pandemic fears."

Companies: Mutual fund giant Fidelity and private equity firm KKR announced a plan that will give Fidelity customers access to initial public offerings of KKR firms.

World markets: Stocks in Japan climbed to their highest level in eight months. But in Europe, markets were lower in morning trading.

Oil and money: The price of oil fell 79 cents a barrel to $67.65. The dollar was mixed against major international currencies, rising against the euro and the British pound but slipping versus the yen.