10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TRI)

Here is what you need to know. 

The Turkish lira is diving after Moody's warned the worst is yet to come for the country's banks. The lira was down about 2% at 6.4035 per dollar after the ratings agency Moody's said there's a "heightened risk of a downside funding scenario, where a deterioration in investor sentiment limits access to market funding."

The US Senate confirms the Fed's vice chair. Richard Clarida, a managing director at fund manager Pimco and an economics professor at Columbia University, was confirmed by a vote of 69 to 26, Reuters says.

See the rest of the story at Business Insider

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