By V. Phani Kumar
HONG KONG (MarketWatch) -- Crude-oil prices tumbled in electronic trading Monday as U.S. equity index futures fell sharply during Asian trading hours in reaction to Friday's poor nonfarm payrolls data for March. May futures for light, sweet crude-oil CLK2 -1.27% dropped $1.25, or 1.2%, to $102.06 a barrel on Globex. The front-month contract sank $1.84 on the New York Mercantile Exchange Thursday, the last day of trading, before the U.S. employment report was released on Good Friday. Weighing on the commodity, Dow Jones Industrial Average DJIA -0.11% futures fell 116 points, or 0.9% to 12,862, while S&P 500 SPX -0.06% futures declined 14 points, or 1%, to 1,376.20. The ICE dollar index DXY +0.03% was at 79.95, up from 79.840 in North American trading Friday.
