NEW YORK (CNNMoney.com) -- U.S. stocks were poised for an early retreat Monday, after Citi reported quarterly results and as investors remain rattled about fraud charges brought against Goldman Sachs.
Dow Jones industrial average, S&P 500 and Nasdaq 100 futures were lower ahead of the opening bell.
Futures measure current index values against perceived future performance and offer an indication of how markets may open when trading begins.
U.S. stocks sank Friday after the Securities and Exchange Commission charged Goldman with defrauding investors. The blue-chip Dow lost 1.1% while the broader S&P 500 plunged 1.6%.
Financial shares fell across the board Friday on news of the charges against Goldman. Shares of Goldman Sachs (GS, Fortune 500) plunged nearly 13%. JPMorgan Chase (JPM, Fortune 500) and Bank of America (BAC, Fortune 500) both lost about 5%.
Earnings: Citigroup (C, Fortune 500) reported quarterly profit that blew past Wall Street estimates, but the company's chief executive offered a cautious outlook.
Citi said it earned $4.4 billion, or 15 cents per share, in the first three months of 2010. That compares with a loss of 18 cents in the first quarter of 2009.
Analysts surveyed by Thomson Financial had expected Citi to report earnings per share of breakeven in the first quarter.
Despite the strong results, Citi CEO Vikram Pandit said in a statement that the company's performance may not "follow an invariable trend-line upward."
After the closing bell, IBM (IBM, Fortune 500) is due to release quarterly results. The Dow component is expected to post earnings per share of $1.93, up from $1.70 a year earlier.
About 25% of the S&P 500, or 123 companies, are due to report results this week, including 11 Dow components.
S&P 500 earnings are currently expected to have risen 39% from a year ago, according to the latest from Thomson Reuters. Revenues are on track to have risen 10% from a year ago.
Economy: The index of leading economic indicators, a predictor of the economy's future performance, is on tap.
The Conference Board, a business research group, is expected to say the index rose to 1% in March from 0.1% the month before, according to economists surveyed by Briefing.com.
Companies: Toyota (TM) will pay a $16.4 million fine for failing to notify the Department of Transportation about a defect in its cars, according to a senior Transportation Department official.
World markets: European shares retreated in morning trading. The FTSE 100 in Britain and Germany's DAX both fell 0.5%. France's CAC 40 tumbled 0.8%.
In Asia, the major indexes fell sharply. The Shanghai Composite sank nearly 5%. The Hang Seng in Hong Kong dived 2.1% and Japan's Nikkei lost 1.7%.
Currencies and commodities: The dollar rallied against the euro and pound, but it fell versus the yen.
The price of oil dropped $2.13 to $81.11 a barrel. Gold prices tumbled $4 to $1,132.30 an ounce.
Bonds: Prices for U.S. Treasurys rose, with the yield on the benchmark 10-year note at 3.77%. Bond prices and yields move in opposite directions. 
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.80% | |
| 15 yr fixed | 3.09% | 3.11% | |
| 5/1 ARM | 2.65% | 2.69% | |
| 30 yr refi | 3.77% | 3.86% | |
| 15 yr refi | 3.09% | 3.21% |
Today's featured rates:
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,454.83 | -74.92 | -0.60% |
| Nasdaq | 2,837.53 | -1.85 | -0.07% |
| S&P 500 | 1,317.82 | -2.86 | -0.22% |
| Treasuries | 1.74 | -0.01 | -0.80% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.15 | 0.01 | 0.14% |
| Sprint Nextel Corp | 2.62 | 0.09 | 3.56% |
| Cisco Systems Inc | 16.33 | -0.06 | -0.37% |
| Chesapeake Energy Co... | 15.81 | 0.23 | 1.48% |
| Ford Motor Co | 10.60 | 0.01 | 0.09% |
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