Comcast, Time Warner Cable to Meet With DOJ; Stocks Rebound

Stocks rebounded at the open, recovering from a steep selloff on Friday in which the Dow Jones Industrial Average lost all year-to-date gains and the S&P 500 and Nasdaq plunged more than 1%. Markets had been caught up in a global selloff on fears over Greece's future and as new Chinese market regulation spooked investors. Comcast (CMCSA) and Time Warner Cable (TWC) were on watch on news the two will meet with the Justice Department on Wednesday. Justice officials are reportedly against the $45 billion merger on antitrust grounds. Morgan Stanley (MS) popped after reporting quarterly revenue more than 10% higher than a year earlier.