Stocks Down on Wall Street
CAROL COSTELLO, CNN ANCHOR: Good morning, thank you so much if being with me. I'm Carol Costello. Stories we're watching right now in NEWSROOM at 31 minutes past the hour. As the opening bell rings on Wall Street, investors are expecting another rough day. Let's head to New York stock exchange and Alison Kosik. It's a little better, huh?</s>ALISON KOSIK, CNN BUSINESS CORRESPONDENT: Just a little bit, but brace yourself. Wall Street looks like it's got a bad case of the Mondays. So much for shaking off last week's blues. We are watching the Dow fall about 95 points in the first moments of the trading day. Stocks here are following in the heels of overseas markets, which tanked overnight. China is a big source of anxiety today. The People's Bank of China. That's the equivalent of the Federal Reserve here. It told the country's biggest banks to rein in risky loans and get their balance sheets under control. You see the fear is that a cash crunch will hurt the world's second biggest economy. The big worry here continues to be about our own situation with our own central bank and when the fed could pull back on its millions of dollars it is pumping into the economy every month. You roll all that together and get ready for a long day of red arrows, Carol.</s>COSTELLO: You'll be busy. Alison Kosik, thanks so much. Up next in NEWSROOM Edward Snowden on the run from the United States. But what happens if the U.S. catches him? Talk to a lawyer who specializes in such things, next.