NEW YORK ( TheStreet ) -- U.S. stock futures are pointing to a sharply lower open this morning following yesterday's afternoon plunge. S&P 500 futures are down about 2% as European markets took the cue from the weak American markets. Investors are far from convinced that the Fed's latest maneuver, Operation Twist, will be effective in propping up the slumping economy. Or, maybe they just think the headwinds are too strong.
Watch Market From the Sidelines: Morning Call
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.