S&P 500 futures slid 0.1 point, Dow Jones industrial average futures were off 6 points, while Nasdaq 100 advanced 1 point.

U.S. light sweet crude jumped 22 cents to $55.25 a barrel.

In Asia, the Nikkei 225 Average closed down 0.3%, or 29.43 points, at 11270.62. The broader Topix of all Tokyo Stock Exchange first section issues lost 0.2%, or 2.35 points, to end at 1145.37.

The dollar was trading at 107.50 yen, versus 107.79 yen in late U.S. trading Friday.

European stocks were lower on Monday on U.S. sell-off Friday, higher oil mixed corporate news. Germany's DAX 30 index declined 0.1% to trade at 4,504, while France's CAC index slid 0.2% lower to 4,154. London's benchmark FTSE 100 lost 0.1% to 4,996.8.

The euro gained 0.3% versus the greenback, last at $1.2264, while the pound traded 0.2% up against the dollar at $1.8181.

In earnings news Monday, JoS. A. Bank Clothiers (JOSB: chart) posted 1Q earnings of $0.47 per share vs. $0.37 per share last year and above the $0.46 per share expected by analysts. The company also boosted its full-year earnings guidance to at least $2.07-$2.12 per share.

Toys R Us (TOY: chart) said it posponed for two days reporting of its 1Q results. The toy retailer will post its results for the three months ended April 30 on June 9.

CMGI is scheduled to report its fiscal 3Q results Monday.

No major economic data are due for release Monday. Federal Reserve Chairman Alan Greenspan will take part in a central bankers panel discussion at the International Monetary Conference in Beijing via satellite Monday evening.

Agilent Technologies (A: chart) has put its semiconductor-products division on the auction block, a unit that could bring between $1.5 billion to $2 billion.

Two REITs could announce a deal Monday as ProLogis (PLD: chart) could purchase Catellus Development in a $3.6 billion cash and stock deal.

Apple Computer (AAPL: chart) is expected to announce it will start using Intel (INTC: chart) chips in its Macintosh computers. This would be bad news for IBM (IBM: chart) and Freescale Semiconductor (FSL: chart), which have been providing the chips so far.

E*Trade (ET: chart) has sweetened its bid for competitor Ameritrade (AMTD: chart) - a move that may block Ameritrade's negotiations with TD Waterhouse.

Drugmaker Bristol-Myers Squibb (BMY: chart) is seen to announce a $300 million settlement to end a federal probe of its accounting practices.