U.S. stock futures opened lower today ahead of the release of the latest Federal Reserve Open Market Committee (FOMC) meeting at 2 PM ET.  Follow the release at Money Game >  
Besides Portugal being downgraded again by Moody's indicating it is even closer to a bailout, the big deal of the day was Texas Instrument's $6.5 billion acquisition of National Semiconductor.
NSM  shares are up 71% which has boosted other tech stocks.
Apple shares were down over 1% on the news that its weighting in the Nasdaq 100 would be reduced. There was also some earnings news already out and there is more to come.
Here is a roundup of earnings so far:
- Layne Christensen beat analyst expectations
- Schnitzer Steel beat analyst expectations
- KB Home will report its earnings later today