U.S. stocks stabilize; record year for auto sales; Smith & Wesson rallies

U.S. stocks (^DJI, ^GSPC, ^IXIC) stabilize after a surprise cash injection from China’s central bank calmed investors' nerves.  All three major indices posted steep losses to start the week, with the S&P 500 making the worst start to a new year in more than a decade. 

To discuss some of the other stories Yahoo Finance is keeping an eye on today, Alexis Christoforous is joined by Yahoo Finance's Rick Newman and Bobbi Rebell, a television and multimedia reporter at Reuters.