LONDON (Reuters) - Wall Street stocks were expected to claw back up on Monday after the Dow registered its longest losing streak in a year, but the tone remains cautious ahead of U.S. mid-term elections and lingering economic slowdown concerns.
Oil majors were likely to be in focus as crude oil traded below $59 a barrel, while there was expected to be little market reaction to the court ruling sentencing ousted Iraqi leader Saddam Hussein to hang.
By 1114 GMT, U.S. stock futures were pointing to opening up 0.4 percent for the three main indexes.
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However, Web search leader Google Inc. (Nasdaq:GOOG - news) and automaker General Motors Corp.(GM.N) were named as the market's most overvalued shares in its Big Money poll.
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