Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) Euro Slump Deepens
1) Euro Slump Deepens
The euro continues to plunge against the US dollar as concerns intensify that Greece may be forced to leave the eurozone if the country elects a radical, anti-austerity government at the end of the month.
"The euro breached $1.20 overnight, and continues to trade below that important technical level," said Tom Beevers, CEO at StockViews in London.
The euro has been declining as the US dollar strengthens and Europe teeters on the brink of recession and deflation.
2) Oil Slides Again
2) Oil Slides Again
Crude futures are slipping by about 1% and are now trading around $52 per barrel. Oil prices were halved last year as the world faced a supply glut.
"Increasing oil production -- particularly from Russia and Iraq -- coupled with fears for weaker global demand, has continued to push oil lower," said Beevers.
3) Consumer Electronics Show
3) Consumer Electronics Show
It's a big week for many technology firms as the International Consumer Electronics Show gets underway.
CES, which runs through Thursday, has been the launchpad for some stunning hits, but also some epic flops.
The Las Vegas show features more than 3,600 exhibitors and is attended by roughly 160,000 people.
4) Stocks Send Mixed Messages
4) Stocks Send Mixed Messages
US stock futures are inching lower ahead of the open, but the move is small.
European markets are bouncing around in early trading, with no clear upward or downward trend.
Asian markets ended with mixed results. The standout performer was the Shanghai Composite index, which surged by 3.6% over the course of the day.
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