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Stock futures point to a sharply lower open after Europe's banking sector got socked. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS By Aaron Smith, CNNMoney.com staff writer NEW YORK (CNNMoney.com) -- Stock futures were lower on Monday after the financial crisis appeared to deepen in Europe, heightening worries about a global economic slowdown. The S&P, Dow and Nasdaq futures plunged about three hours before the market open. Japan's Nikkei index closed at a four-year low and European markets were all down 3% to 6% as investors looked beyond the bailout, focusing instead on Europe's growing crisis. Last week, the Dow Jones industrial average plunged nearly 818 points, or 7.3%, marking its worst week in nearly two months. Despite the House finally passing a tweaked bailout bill Friday,... [read full story]
