Markets Are Heading Lower - Italy Down 1%

Wolfiewolf via Flickr

It was a very quiet weekend for global economic/market news. The major developments came from China, where data was generally a tad weaker than expected.

Stocks are moving a bit lower.

U.S. futures are just a bit lower.

Europe is lower. Italy remains the center of focus, and stocks are currently down one percent.

Borrowing costs in Italy are up about seven basis points.