Crude futures are falling again, down around 1%, after a 6% fall Monday. RBS analysts say $16 oil is possible and advises its clients to... well, sell everything. "We think investors should be afraid," the note cheerily warns. Still, U.S. stock futures are edging higher.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Another explosion rocks Turkey
1. Another explosion rocks Turkey
An explosion rocked a square in the heart of Istanbul's tourist district on Tuesday, killing at least 10 people and wounding 15 others, the Istanbul governor's office said. The blast comes at a time when Turkey is dealing with multiple threats to its security.
In October, two explosions hit a lunchtime peace rally in the capital Ankara. Ninety-nine people were killed and more than 240 injured.
2. Stock market movers
2. Stock market movers
Hong Kong listed Dalian Wanda announced that it's acquiring the Hollywood studio Legendary Entertainment, whose recent box office hits include "Jurassic World" and "Interstellar." Wanda already owns the AMC chain of movie theaters.
Shares in Alcoa dropped more than 2% during extended trading. It issued an earnings update Monday which showed it missed fourth quarter revenue forecasts thanks to lower metal prices.
Tesco, one of the world's biggest retailers, jumped 5.5% in London after a rival reported better than expected Christmas sales and an upbeat assessment by analysts at Barclays. Tesco reports Christmas sales Thursday.
3. International markets overview
3. International markets overview
European markets are moving higher in early trading, while Asian markets ended mixed, with the Nikkei closing down 2.7% as oil and mining shares took another hammering. China's main markets in Shanghai and Shenzhen both ended with modest gains.
4. Monday market recap
4. Monday market recap
The Dow Jones industrial average gained 0.3%, while the S&P 500 inched up 0.1%. The Nasdaq was down 0.1%.
