Airline stocks in Europe and the Middle East are actually rising a tad, alongside the rest of the market.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
Airline stocks in Europe and the Middle East are actually rising a tad, alongside the rest of the market.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Investors snub hijacking
1. Investors snub hijacking
An EgyptAir A320 aircraft bound for Cairo has landed at Larnaca airport in Cyprus after being hijacked.
Negotiations with the hijacker have resulted in the release of most passengers -- except for the aircraft crew and a small group foreigners, according to Egypt's Ministry of Civil Aviation.
Investors are taking the news in stride. U.S. stock futures are holding steady. European markets are mostly rising in early trading, while many Asian markets ended the day with modest losses.
2. Stocks to watch
2. Stocks to watch
Apple (AAPL, Tech30) is in focus after the Department of Justice dropped its high profile case against the iPhone maker.
The DOJ was trying to force Apple to help law enforcement officials break into a terrorist's phone. Apple had declined to provide assistance, saying it would ultimately compromise the security of all iPhone users.
Yahoo (YHOO, Tech30) is in the spotlight after the Wall Street Journal reported that the company is asking prospective bidders to put forward initial offers for its core Web unit and Asian assets by April 11.
3. Economics
3. Economics
The Case-Shiller housing index for January will be released at 9:00 a.m. ET. The index gives a good overview of housing dynamics in 20 key U.S. cities.
Then the Conference Board is releasing data on consumer confidence at 10:00 a.m.
4. Monday market recap
4. Monday market recap
It was a relatively uneventful trading day on Monday, and European markets were closed.
The Dow Jones industrial average and S&P 500 edged up by 0.1%. The Nasdaq dipped by 0.1%.