us stock futures declined monday in sympathy with asian and european bourses as a fresh round of covid19 shutdowns in china rattled investors  on friday the dow jones industrial average djia rose 199 points or 059 to 33746 the sp 500 spx increased 19 points or 048 to 3965 and the nasdaq composite comp gained 1 points or 001 to 11146 the holidayshortened week started with investors in “riskoff” mode as fresh covid19 lockdowns in china revived concerns about the global economy wall street will be closed on thursday for the us thanksgiving holiday and trading is likely to be very thin for black friday when the festive shopping season kicks off in earnest asian adow and european stocks sxxp tracked us equity futures lower after the chinese government introduced further restictions within the world’s second biggest economy in the wake of more covid19 outbreaks worries about waning demand from the globe’s dominant manufacturer pushed down prices of industrial metals like copper hg00  and forced us crude oil cl1 05 lower to 7971 a barrel close to its lowest since the end of september “financial markets have caught a cold amid worries that mounting covid cases in china and a fresh tightening of restrictions will send a fresh shiver through manufacturing output and push down demand for raw materials” said susannah streeter senior investment and markets analyst at hargreaves lansdown evidence of risk aversion and a scramble for perceived havens could be seen in forex and bonds where the dollar index dxy reversed its recent slide to gain 08 to 10776 and the 10year treasury yield tmubmusd10y  which moves in the opposite direction to prices dipped 17 basis points to 3811 “the bears are on the prowl today as investors have little choice but to adjust for downside risk” said stephen innes managing partner at spi asset management helping support treasuries and possibly ameliorating declines in stocks were comments from atlanta fed president raphael bostic who on saturday said he was minded to slow the pace of interest rate increases and saw a possible top or terminal rate of 5 for this cycle san francisco fed president mary daly is due to speak about inflation on monday at 1 pm eastern the fed will release on wednesday at 2 pm the minutes of its most recent ratesetting meeting disney shares dis were a feature in premarket action gaining 8 after bob iger returned as chief executive it’s a thin week for us economic data with much of it shoehorned into wednesday ahead of thanksgiving the next day and no reports scheduled for black friday either