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Inside the Market

Before the bell: Stocks set to plunge on Fed, Portugal worries

The Before the Bell report is constantly updated to reflect the latest news developments and market moves in the premarket. Check back later for updates.

North American stock futures are off sharply this morning, pointing to the possibility that today could see one of the steepest declines in U.S. and Canadian stocks this year after months of little volatility. S&P 500 futures are down about 1 per cent and TSX futures are off a more modest 0.5 per cent; not surprisingly, the safe haven of gold is up sharply, with the spot price trading at a 3 1/2-month high.