U.S. stocks struggled to hold onto slight gains after a terrorist attack overnight cast a shadow over global markets. At least 84 were killed in Nice, France after a heavy truck tore through crowds celebrating Bastille Day. Travel stocks were declining on the expectation terrorism fears would impede demand. U.S. airlines including Delta (DAL) , United Continental (UAL) , and JetBlue (JBLU) along with cruise operators Carnival (CCL) and Royal Caribbean (RCL) were all lower. Rite Aid (RAD) jumped on reports the chain is in discussion with the Federal Trade Commission to determine exactly what it needs to divest in order to gain approval of its Walgreens (WBA) merger. The talks signal a degree of cooperation among the parties. Herbalife (HLF) surged to its highest level in two-and-a-half years after the FTC agreed to settle for $200 million. The agency had been investigating claims of a pyramid scheme.
More from Video
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.