NEW YORK ( TheStreet ) -- U.S. stock futures point sharply lower Tuesday as conditions continue to deteriorate in Europe. The German DAX has been the weakest index over the last month, dropping another 5% -- a 40% correction in five weeks. Today, European markets are trying to stabilize, looking to the U.S. market as a potential calming force.German Chancellor Angela Merkel's Christian Democratic Union lost regional elections in her home state. The Eurozone has been able to maintain solidarity amid the relentless sovereign debt crisis, but such political results seem like they could wipe out supportive governments, leaving in their wake leaders who are opposed to providing financial assistance to at-risk nations.
How to Trade Global Panic: Morning Call
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