Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Second day of selling
U.S. stock futures are moving lower and all European stocks are deep in negative territory as worries about Greece's future continue to escalate.
Greece has until Thursday to accept a new deal with creditors that will give it access to 7.2 billion euros to pay its debts and bills. But Greece doesn't like some of the strings attached, and many worry an agreement will not be reached.
If Greece is unable to access the money and consequently defaults on its debts, it could become the first country to stumble out of the eurozone.
2. Action in Asia
Chinese stocks closed the day with deep losses.
Both the Shanghai Composite and Shenzhen indexes fell by about 3.5%. However, this follows massive rallies in both markets. The Shenzhen index, in particular, is still up by 110% since the start of 2015.
3. Earnings
Adobe (ADBE) will post its latest earnings after the market closes. The multinational software company, which has developed popular digital products such as Photoshop, has seen an 18% increase in its share price over the past year.
4. Economics
The U.S. Census Bureau will release new residential construction data for the month of May at 8:30 a.m. ET.
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