US STOCKS-Futures edge up, coming off worst-ever start to a year

lunes 11 de enero de 2016 08:17 GYT

* Futures up: Dow 67 pts, S&P 10 pts, Nasdaq 17.75 pts

By Abhiram Nandakumar

Jan 11 (Reuters) - U.S. stock index futures were slightly higher on Monday, with Wall Street coming off its worst-ever start to a year and ahead of the start of corporate earnings season.

* Global stocks were mixed with jittery investors looking for stability after last week's bruising start to the year due to declining oil prices and mounting worries about global economic growth.

* The S&P 500 slid 6 percent and the Nasdaq dropped 7.3 percent last week.

* Not even a surge in U.S. nonfarm payrolls in December stemmed the bleeding, as investors went on the defensive over increasing worries about Beijing's ability to manage the world's second-biggest economy.

* "The Chinese situation sets the agenda right now in combination with oil prices," said Hans Peterson, global head of asset allocation at SEB investment management.

* Crude oil fell for the sixth session in a row on Monday, hovering near 12-year lows, with China's slowing growth dashing hopes of a rise in demand this year.

* U.S. corporate results will likely add to the pessimism, with wide expectations of an earnings recession - two quarters of falling profits - led by energy and materials companies.   Continuación...