More than two hours before the start of trading, Dow Jones Industrial Average futures fell 62 points to 11155. S&P 500 futures lost 7.7 points to 1246.80 and Nasdaq 100 futures declined 9.5 points to 1834.75. Financials worry investors, as shares of Fannie Mae and Freddie Mac continue to plummet, and Citi announced that it has agreed to sell off its German retail operations. Rising oil prices renewed worries among investors. Crude futures climbed for a second day Friday, adding $2.35 to $144 a barrel. Analysts and traders said crude remains an especially powerful catalyst to spur quick rallies or swoons in the stock market. But only a rise in home prices, coupled with clarification of the soured credit bets remaining on banks' balance sheets, seem likely to produce a lasting rally.
