Good morning! Stock market futures today (Monday) indicate a market open 64 points lower than Friday's close. Markets rallied on Friday, but it wasn't enough to offset a very bad week that included multiple triple-digit losses. This morning's downturn was heavily tied to a poor earnings report from tech giant International Business Machines Corp. (NYSE: IBM).
The most important number to watch today - besides the Dow - is in China. Over the weekend, the Chinese central bank announced plans to pump 200 billion yuan ($32.6 billion) into the nation's financial system.