The Hunt for the Next 10 Bagger

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U.S. stocks: Futures dip as China rattles traders again
Existing home sales ahead; Dresser-Rand up on deal
MADRID (MarketWatch) — Stock futures pointed to a weaker open for Wall Street on Monday as China-growth concerns bubbled to the surface again and raised questions as to whether the record run for Wall Street is going to hit a speed bump soon.

Futures for the Dow Jones Industrial Average DJZ4, -0.25% fell 49 points, or 0.3%, to 17,163, while those for the S&P 500 index SPZ4, -0.38% lost 9.1 points, or 0.5%, to 1,994.70. Tech futures were pointing to even bigger opening losses later, with Nasdaq-100 NDZ4, -0.43% futures off 23 points, or 0.6%, to 4,070. Read: Russell 2000 ‘death cross’ looms

The Chicago Fed national activity index for August is due at 8:30 a.m. Eastern Time, while home sales for August are due at 10 a.m. Eastern. A couple of Fed speakers are also on the calendar, with New York Fed President William Dudley due to speak at Bloomberg Markets Most Influential Summit at 10 a.m. Eastern. Dudley is a voting member of the Fed policy committee.

At 7:30 p.m. Eastern, Minneapolis Fed President Narayana Kocherlakota, also a voting member, will give a speech on the objectives of monetary policy to the Economic Club of Marquette County.

Clues about the Fed’s timing intention on hiking rates and news from China are what traders will be looking out for, said Joao Monteiro, analyst at Valutrades. http://www.marketwatch.com/story/us-stocks-futures-dip-as-china-rattles-traders-again-2014-09-22?mod=MW_story_latest_news