There's plenty going on Monday.
Here are the four things you need to know before the opening bell rings in New York:
1. Sluggish stocks: U.S. stock futures were edging lower, threatening to wipe out the small gains eked out in the previous week.
On Friday, the Dow Jones Industrial Average rose by nearly 70 points, while both the S&P 500 and Nasdaq were up about 0.5%. That rise pushed all the indexes in positive territory for the week.
2. Yahoo for Alibaba: Shares in Yahoo (YHOO) were rising by about 3% premarket as investors anticipate that the company will be in for a huge windfall when China's Alibaba begins trading in the U.S. Yahoo owns over 20% of Alibaba, which is looking to raise as much as $24.3 billion from its upcoming initial public offering.
3. Scottish poll spooks U.K. markets: The U.K. pound took a beating in currency markets on rising risk that Scotland may vote next week to break away from the United Kingdom. The pound took a sharp tumble against the U.S. dollar after a weekend poll showed for the first time that Scottish voters who want to break away from the U.K. outnumbered voters who want to stay.
London's FTSE 100 index was down by 0.6% in early trading, a weaker performance than other European markets.
4. Earnings and economics: Campbell Soup (CPB) is the main company posting quarterly results Monday. The numbers will be out before the opening bell.
The Federal Reserve is set to release monthly data in the afternoon on consumer credit for July.
