Q2 STOCKS TO BUY

Overseas Trading: Airlines Slump as Traders React to Paris Attacks

Travel and leisure stocks are slumping after Friday's terrorist attacks on Paris, while commodities rally

Nov 16, 2015 at 8:27 AM
facebook X logo linkedin


Asian markets finished mostly lower today, with airlines and travel stocks pacing the decline after Friday's coordinated terror attacks in Paris. Traders also eyed a gross domestic product (GDP) report showing Japan fell back into recession during the July-September period, with the economy contracting for a second consecutive quarter. However, China managed a positive finish, after capital markets on the mainland netted inflows during October for the first month in five. By the close, Hong Kong's Hang Seng fell 1.7%, South Korea's Kospi lost 1.5%, Japan's Nikkei shed 1%, and China's Shanghai Composite edged up 0.7%.

Many European markets have muscled onto positive ground at mid-session, led by strength in commodity stocks as traders flock to oil and gold. However, as in Asia, tourism-dependent sectors -- such as airlines and hoteliers -- are trading broadly lower as investors react to the Islamic State siege on Paris. At last check, London's FTSE 100 is up 0.3%, the German DAX has added 0.2%, and France's CAC 40 is off 0.3%.

Overseas markets 1116

 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter