Jan. 17 - U.S. stock futures are pointing to a higher open as investors brushed aside S&P's downgrade of the EU's EFSF bailout fund, and several companies gear up to report earnings today.
Here's rank up this Tuesday you're -- humor US that index futures shaking up here in downgrade including last night had of the continent resting on. Dow NASDAQ S&P 500 futures up about 1% as China reports quarterly GDP at eight point 9% at what's ahead of expectation. Don't bank on that huge bonus if you work at Morgan Stanley but Wall Street Journal says it will tell employees this week that bonuses will drop with cash payout cap. At a 125000. Dollars at least for now some top executives will defer their entire pay -- at the end of this year. Employees who are paid less than 250000. Dollars overall well not -- -- expert. Mitt Romney takes a few punches that comes away without any major injuries following the latest Republican presidential debate. A front runner hit on his record in business challenge to release his tax returns and criticized over at me -- -- for -- support it. Reuters that -- pull out Saturday gave him a 21 point lead over Gingrich's closest competitor. At Carolina primary takes place. Rescue squads are using controlled explosions help them search for survivors after cruise ship ran aground off Italy's Mediterranean coast. Authorities have almost doubled their estimate and number of people missing huge vessel to 29. Ship's owners use the captain causing Friday's disaster by hearing ship. Too close to shore. Carnival Cruise Lines which is -- parent company down close to 20%. In premarket trading. And finally at potentially ominous sign for the US economy Reuters analysis indicates many Americans have resorted. -- reading their savings to get them through this up and start economic recovery. Workers are -- pac contributions to college funds and borrowing from retirement accounts. Just to make ends meet senior economist mark -- -- Wells Fargo puts it this way. Americans are still coming to terms with the fact they're not going to earn as much income as they once thought and there are not quite as much. Morning call this Tuesday I'm Jen Rogers it is writers there.