Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) Markets Cheer Greek Proposals
Most European markets are rising by over 1%, and the main indexes in Spain and Italy are up by roughly 2%.
Investors were encouraged by reports that the Greek government is adopting a more measured approach to its debt standoff with Europe.
The main Greek index is up by 9% Tuesday, nearly erasing all the heavy losses endured since the start of the year.
2) Australia Lowers Rates
The Australian central bank is cutting its key interest rate by 25 basis points to a record low of 2.25%.
The Reserve Bank of Australia said its decision is based on expectations for low growth, both in Australia and globally, and weak domestic demand.
Australia's main stock market index jumped by 1.4%.
Across the rest of Asia, markets were mixed.
3) Earnings
The New York Times (NYT) and UPS (UPS) will report earnings before the opening bell.
Chipotle Mexican Grill (CMG), Aflac (AFL) and Disney (DIS) will report after the close.
4) Monday Market Recap
Over the previous trading session, the Dow Jones industrial average gained 196 points, while the S&P 500 jumped 1.3% and the Nasdaq rose 0.9%
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