Wall Street under pressure after Brussels attacks


U.S. stock futures were following European stocks lower this morning, after deadly explosions rocked the main Brussels airport and a metro station located near European Union buildings. On renewed terrorism concerns, gold gained ground and the euro came under pressure. Oil prices and bonds were little changed. President Barack Obama, traveling in Cuba, has been appraised of the situation. (CNBC)

Brussels was on lockdown, with Tuesday's blasts coming just days after Friday's arrest of Salah Abdeslam, the suspected Paris terror attacks plotter and aborted suicide attacker. On Monday, authorities named another potential Paris suspect. (CNBC & NBC News)

Sources said at least one of the Brussels airport explosions was near the check-in desks for American Airlines (AAL). The carrier told CNBC in an e-mailed statement that all of its employees and contractors were accounted for with no reported injuries.

Police in New York will visibly increase their presence at airports and train stations after Tuesday's bombings in Brussels, authorities told NBC News. Transit authorities in Washington, D.C., also indicated, via tweet, that they would step up precautionary patrols.

Ahead of today's Brussels attacks and Republican presidential nominating contests in Arizona and Utah, GOP front-runner Donald Trump met on Monday with the editorial board at the Washington Post and discussed a range of topics, including national security.

Federal authorities think they may have a way, without Apple's (AAPL) help, to get into the iPhone of one of the San Bernardino, California terrorists. At the FBI's request, a federal judge agreed to postpone today's court hearing on the matter. (CNBC)

Besides being briefed on the Brussels attacks, President Obama is expected today to meet with dissidents critical of Raul Castro's government. Meanwhile, General Electric (GE) signed a memorandum of understanding with the Cuban government, intending to sell power, aviation, and medical equipment there. (AP & WSJ)

Leon Cooperman and his firm Omega Advisors have received a Wells Notice from the SEC last week related to trading of Atlas Pipeline. But the billionaire investor told CNBC: "We believe we've done nothing wrong."

A Florida jury assessed Gawker Media $25 million more in punitive damages for having invaded the privacy of the retired wrestler Hulk Hogan, adding to the $115 million in compensatory damages last week. (NY Times)

Silicon Valley leaders remember Andy Grove — the longtime CEO and chairman of Intel (INTC), who was one of the most influential personalities of the computer and Internet eradied on Monday at his California home. He was 79. (CNBC & NY Times)


Ahead of Tuesday's trading, the Dow was riding a seven-day winning streak, while the S&P 500 and Nasdaq were up four consecutive sessions.

On the economic calendar, the Federal Housing Finance Agency (FHFA) releases its latest reading on home prices at 9 a.m. ET, and the Richmond Fed issues its regional survey of business conditions at 10 a.m. ET.

Chicago Fed President Charles Evans speaks in the Windy City at 1:30 p.m. ET, and Philadelphia Fed President Patrick Harker delivers an evening address in New York at 7 p.m. ET.

There are no major companies scheduled to report quarterly earnings this morning, but Dow stock Nike (NKE) as well as Krispy Kreme (KKD) and Red Hat (RHT) lead this afternoon's after-the-bell releases.


Petrobras (PBR) reported a record quarterly loss, after writing down various assets in the face of slumping oil prices. The Brazilian state oil company posted a loss of $10.2 billion for the fourth quarter.

Mattress Firm (MFRM) missed estimates on earnings and revenue. The mattress retailer also issued a profit warning, and named president Ken Murphy as its new CEO.

Dick's Sporting Goods (DKS) announced a $1 billion share repurchase program. The stock buyback will take place over the next five years.


Carl's Jr. and Hardee's, owned by CKE Restaurants, plans to release the Midnight Moonshine Burger tomorrow, partnering with NASCAR legend Junior Johnson, who's also a part owner of a distiller. (CNBC)

The Fiat used by Pope Francis during his visit to the U.S. last September is currently available on the auction site Charitybuzz. The net proceeds will benefit Catholic schools, charities, and relief services. (CNBC)