S&P, Dow Futures Drop 550 Points, the Most Allowed

U.S. stock futures pointed to another large fall this monring after Asian and European markets fell on profit warnings. December futures in the Dow Jones Industrial Average and S&P 500 both fell by the maximum amount allowed, a further sign of extreme market stress. Less than two hours before the start of trading, S&P futures remained locked at 855.2, a fall of 60 points. DJIA futures fell to 8,224.