Stock index futures pointed to a lower open on Wall Street on Monday, as investors look set to book profits after a sharp four-week rally.

* At 3:50 a.m. EDT, futures for the S&P 500 were down 0.18 percent, Dow Jones futures were down 0.11 percent and Nasdaq 100 futures were down 0.29 percent.

* Tech shares will be in the spotlight after TSMC <2330.TW>, the world's biggest contract chipmaker, said on Monday its July sales fell 1.9 percent from a year earlier, but improved from June, showing evidence of growing demand for technology products.

* Japan's Nikkei hit a 10-month closing high on Monday, buoyed by stronger-than-expected U.S. jobs data released on Friday and mergers and acquisitions talk in Japan.

* The Nikkei business daily reported that Japan's Mitsubishi Chemical Holdings <4188.T> is in talks to buy resin maker Mitsubishi Rayon <3404.T> in a deal worth up to $2.1 billion, part of an acquisition push to help it catch up with global rivals.

* European stocks were down 0.6 percent in early trade, as investors booked a small portion of the hefty gains made over the past four weeks, with Daimler , Total , Barclays and Rio Tinto among the biggest losers.

* Oil prices were little changed at $71 a barrel on Monday, paring earlier losses as rising Asian stocks bolstered sentiment over an economic recovery while the dollar dipped.

* Corporate results on tap for Monday include Dynegy Inc and Fluor Corp .

* U.S. stocks rallied on Friday, pushing the Standard & Poor's 500 to a 10-month high as the July jobs report was less bleak than feared and underpinned hopes the economy was on track for recovery.

* The Dow Jones industrial average <.DJI> was up 113.81 points, or 1.23 percent, at 9,370.07. The Standard & Poor's 500 Index <.SPX> was up 13.40 points, or 1.34 percent, at 1,010.48. The Nasdaq Composite Index <.IXIC> was up 27.09 points, or 1.37 percent, at 2,000.25.

* For the week, the Dow was up 2.2 percent, the S&P 500 was up 2.3 percent and the Nasdaq was up 1.1 percent. The S&P 500 is now up about 50 percent from its 12-year closing low in early March, helped by stronger-than-expected corporate earnings and a string of economic data that has suggested a recovery.

(Reporting by Blaise Robinson; Editing by Rupert Winchester )

Japan Nikkei 225 Investment