Virus Outbreak Pressures Travel Sector

Investors are keeping an eye on the virus outbreak in Asia

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1/21/2020

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Stock Futures Dip, Dow Streak in Jeopardy

By Josh Selway
Share On

The Dow Jones Industrial Average (DJI) could be set to snap its five-day winning streak today, as U.S. stock futures trade below fair value. Traders are monitoring the effects of the coronavirus outbreak in China, which is putting pressure on travel stocks this morning. Investors are also taking in headlines from the World Economic Forum in Davos, Switzerland, where President Donald Trump said the United States is "in the midst of an economic boom," and that the country's relationship with China "has never been better." Outside of all this, there's plenty to look forward to on the earnings front, with blue chip IBM (IBM) and tech giant Netflix (NFLX) set to report after the close today.

Continue reading for more on today's market, including: 

  • The bear note that slammed Twitter stock.
  • M&A speculation put this education stock in focus.
  • Plus, weakness in travel stocks; Logitech pops post-earnings; and a healthcare stock to watch. 
>> Continue reading...
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Traders were greeted with some M&A buzz, too
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Bloomberg tweeted that the firm is weighing a potential sale
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SE options are attractively priced at the moment
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