Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Stock market overview
U.S. stock futures are looking a bit weak ahead of the open.
European markets are mostly declining in early trading. The majority of Asian markets ended with losses.
On Monday, the Dow Jones industrial average, the S&P 500 and the Nasdaq each drop by 1%.
2. Eyes on Europe
Investors are closely eying developments in Europe.
U.K. Prime Minister David Cameron is outlining plans to renegotiate the country's membership in the European Union. Britain is set to have a referendum by 2017 to decide whether to remain in the EU or break away altogether. Investors are concerned about the many unknowns involved with a "Brexit."
The Portuguese parliament is holding a vote that will decide the fate of Prime Minister Pedro Passos Coelho. It's widely expected he'll be ousted by left-wing opponents who are challenging Portugal's commitment to austerity.
And Greece's latest bailout payment of 2 billion euros ($2.2 billion) has been delayed by European officials who say the country isn't making enough progress with agreed reforms.
3. Stock market movers
Gap (GPS) shares are sinking about 5% in extended trading after the retailer posted its latest earnings update. The company, which also owns the Old Navy and Banana Republic brands, has been hurting for years and recently lost a prized executive to Ralph Lauren (RL).
4. Fast Food strikes
Expect long lines and slower service at McDonald's (MCD) and Burger King as workers warn they will be holding a massive strike to call attention to low wages. They are calling for a new minimum wage of $15 per hour and union rights.
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