THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DAVID HAFFENREFFER, CNN FINANCIAL NEWS CORRESPONDENT: Good morning. I am David Haffenreffer in New York with a look of this Monday morning's business and financial news headlines. Stock index futures, at this early hour, pointing to a bit of a higher open for the marketplace on this first trading day of the week-- that would build on last Thursday's and Friday's gains. And talk of the Federal Reserve is likely to dominate Wall Street. The Central Bank will sit down tomorrow to discuss long-term interest rates, and for the most part, people are expecting it to cut interest rates for the tenth time this year. Many economists are now betting on an aggressive half-percentage point cut, following weak economic data from last week from the labor market, as well as the manufacturing sector. And Wall Street could get more bad news about corporate earnings this week. Tech Bellwether, Cisco Systems, is set to report after the closing bell today. Quarterly profits are expected to fall 88 percent from a year ago. Cisco's stock has fallen 78 percent from its all- time high of more than $80 a share last year. And that is a quick check on business news this morning. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Stock Index Futures Point to Higher Opening