Global Growth Concerns Pressure Dow Futures
Weak German and eurozone factory data is weighing on stock futures
Futures on the Dow Jones Industrial Average (DJI) are churning below fair value this morning, as disappointing manufacturing data out of Germany reignites concerns of a slowing global economy. Data from IHS Markit also showed a sharp slowdown in eurozone factory activity in August, too. U.S.-China trade headlines continue to swirl, as well, with Beijing saying a visit from deputy negotiators last week was cut short following "constructive" talks, according to China's Commerce Ministry. Futures on the S&P 500 Index (SPX) and the Nasdaq-100 Index (NDX) are lower with the Dow, as U.S. markets head toward a negative open.
Continue reading for more on today's market, including:
Ferrari options volume revved up.Sale rumors sparked this high-volume Fitbit rally.Plus, Piper Jaffray is bullish on Lululemon; EXACT Sciences gets a Cologuard boost; and a healthcare stock soaring in pre-market trading. 
5 Things You Need to Know Today
The Cboe Options Exchange (CBOE) saw 1.29 million call contracts traded on Friday, compared to 840,375 put contracts. The single-session equity put/call ratio fell to 0.65, while the 21-day moving average remained at 0.64.Piper Jaffray initiated coverage on Lululemon Athletica inc. (NASDAQ:LULU) with an "overweight" rating, saying an "accelerating opportunity in men's and international" will drive share growth. LULU stock closed Friday at $189.30 -- up 55.7% year-to-date -- is trading 0.2% higher ahead of the bell.EXACT Sciences Corporation (NASDAQ:EXAS) stock is up 6.8% in electronic trading, after the U.S. Food and Drug Administration (FDA) dropped the eligible age for the diagnostics firm's Cologuard cancer screening test to 45 from 50. An upgrade to "buy" at Benchmark is fueling the bullish flames, with EXAS shares set to open at a two-week high near $110.Mallinckrodt PLC (NYSE:MNK) said its StrataGraft -- being developed to treat second-degree burns -- met the main goal of a late-stage study. In reaction, MNK stock is up 18% before the bell, but remains 92% lower year-over-year, through last Friday's close at $2.44. Markit's flash composite purchasing managers index (PMI) is due, with speeches from New York Fed President John Williams, St. Louis Fed President James Bullard, and San Francisco Fed President Mary Daly expected. Cantel Medical (CMD) is one of the few confirmed earnings reports for the day.
Thomas Cook Collapse Weighs on Europe
Stocks in Asia were mixed on Monday as investors combed over the latest between the U.S. and China. China's Shanghai Composite was down nearly 1%, while the Hong Kong Hang Seng dropped 0.8%, as Fosun -- the largest shareholder of British travel company Thomas Cook -- sank on the U.K. firm's demise. Meanwhile, South Korea's Kospi finished just above breakeven with a 0.01% gain, and Japan's Nikkei was closed for holiday.
Thomas Cook's collapse is affecting European stocks, too, with most major markets lower at midday. London's FTSE 100 is down 0.4%, while the French CAC 40 has lost 1%. Elsewhere, the German DAX is down 1.1%, dampened by the first contraction in private sector activity the country has seen in over six and a half years.