Wall Street ready to rebound after CIT's bankruptcy, Ford's profit

U.S. stocks are poised to bounce back Monday morning, ready to start November on a solid note following Friday's sharp selloff. The week ahead is full of earnings and economic data releases, including the Federal Reserve policy meeting.

On Friday, markets dropped some 2.5 percent as the fate of CIT Group (CIT) hung in balance and the strength of the economic recovery, and with it the markets' rally, questioned. On Sunday, CIT finally filed for bankruptcy protection.

More here: Before the bell: Stocks futures point to a solid start after CIT's failure, Ford's earnings