NEW YORK — Stock futures are lower as investors brace for a crush of earnings reports this week, including key readings from the banking sector.

Overseas, Asian markets tumbled today, but European stocks have posted only modest losses.

The earnings results will give investors a chance to see if there was meaningful recovery during the second quarter. Just as important, investors will be looking for any company forecasts about future results.

SINGAPORE — Oil prices slid to near $59 a barrel today in Asia, extending a two-week sell-off fueled by growing investor pessimism about global economic growth and crude demand.Prices have fallen $14 a barrel, or 19 percent, since June 30 after poor unemployment data from the U.S. and Europe sparked investor doubts that the global economy was poised for strong recovery this year.