Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) Oil Slides
1) Oil Slides
The price of crude oil is off by nearly 2% and trading below $63 per barrel. Oil prices have fallen by nearly 40% since June, which has created a lot of uncertainty as investors try to guess when the price will bottom out.
Falling oil prices have wreaked havoc on the oil industry, but given a boost to travel companies and changed the business landscape for many other sectors.
2) Up or Down?
2) Up or Down?
US stock futures were not making any big moves ahead of the open after staging a massive drop and a subsequent comeback on Tuesday.
The Dow Jones industrial average fell by 222 points before recovering to close with a 51 point loss on Tuesday. The S&P 500 landed barely in the red, and the Nasdaq rose about 0.5%.
3) International Markets Mixed
3) International Markets Mixed
European markets are mostly rising in early trading, but Greek stocks were edging lower. Furious selling sent the market in Athens down nearly 13% on Tuesday as new elections rekindled worries about a possible default.
Asian markets ended with mixed results. The Shanghai Composite rebounded about 3% after suffering heavy falls Tuesday. The benchmark Nikkei index in Japan slid by 2.3% as data showed a drop in consumer confidence.
4) Earnings Updates
4) Earnings Updates
Costco (COST), Lands' End (LE) and Vera Bradley (VRA) will report earnings before the opening bell.
Men's Wearhouse is among the companies reporting after the close.
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