{"id":577627,"date":"2010-05-25T07:31:00","date_gmt":"2010-05-25T11:31:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/10-things-may-25-2010-5"},"modified":"2010-05-25T07:31:00","modified_gmt":"2010-05-25T11:31:00","slug":"10-things-you-need-to-know-before-the-opening-bell-aig-bp-spy","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/577627","title":{"rendered":"10 Things You Need To Know Before The Opening Bell (AIG, BP, SPY)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4ad4c5150000000000cf1da9-250-187\/north-korea.jpg\" border=\"0\" alt=\"north korea\" width=\"250\" height=\"187\" \/><\/p>\n<p>Good morning. Here&#8217;s what you need to know:<\/p>\n<ul>\n<li><strong>Asian markets <a href=\"http:\/\/finance.yahoo.com\/intlindices?e=asia\">fell significantly overnight<\/a> due to increasing geopolitical fears associated with the Korean Peninsula<\/strong>. European markets are also <a href=\"http:\/\/finance.yahoo.com\/intlindices?e=europe\">down hard<\/a> in early trading on similar news, as well as concerns over the Spanish banking system. U.S. futures are <a href=\"http:\/\/finviz.com\/futures.ashx\">down<\/a> ahead of today&#8217;s trading day. <\/li>\n<\/ul>\n<ul>\n<li><strong>Case-Shiller housing data is released at 9 AM EST<\/strong>. <a href=\"http:\/\/www.businessinsider.com\/themoneygame\">See the numbers as they are released live at The Money Game &gt;<\/a><\/li>\n<\/ul>\n<ul>\n<li><strong>Tensions are escalating on the Korean Peninsula as both North and South Korea prepare for war<\/strong>. The North has threatened to destroy the South&#8217;s <a href=\"http:\/\/www.businessinsider.com\/north-korea-threatens-to-destroy-loudspeakers-aimed-at-the-dmz-2010-5\">propaganda speakers<\/a> at the DMZ, and is <a href=\"http:\/\/www.guardian.co.uk\/world\/2010\/may\/25\/north-korean-military-prepare-war\">preparing its troops for war<\/a>.<\/li>\n<\/ul>\n<ul>\n<li><strong>The situation in Thailand has returned to calm for now, but the country is now charging <a href=\"http:\/\/www.guardian.co.uk\/world\/2010\/may\/25\/thaksin-shinawatra-arrest-warrant-thailand\">former Prime Minister Thaksin Shinawatra<\/a> with terrorism for his relationship with the protest movement in the country<\/strong>. The fighting has left an official total of 88 dead. <a href=\"http:\/\/www.businessinsider.com\/understanding-the-bangkok-riots-2010-4#t-shirt-wars-in-bangkok-1\">Click here for a primer on the Thai situation &gt;<\/a><\/li>\n<\/ul>\n<ul>\n<li><strong>Concerns over the Spanish banking sector have led to further weakness in the euro and European exchanges as the IMF called for <a href=\"http:\/\/www.businessinsider.com\/the-euros-sucker-rally-is-being-wiped-out-as-the-imf-issues-an-ugly-report-on-spain-2010-5\">swift consolidation<\/a> of the country&#8217;s banking sector<\/strong>. Over the weekend, Spanish bank <a href=\"http:\/\/www.businessinsider.com\/cajasur-bailout-2010-5\">CajaSur<\/a> was bailed out and just yesterday several Spanish banks were <a href=\"http:\/\/www.businessinsider.com\/cam-cajastur-caja-cantabria-extremadura-2010-5\">partially merged<\/a>. <a href=\"http:\/\/www.businessinsider.com\/guide-to-the-spanish-debt-crisis-2010-5#-1\">Here&#8217;s why the Spanish economy is about to get gored &gt;<\/a><\/li>\n<\/ul>\n<ul>\n<li><strong>All of this uncertainty in Europe is leading to a difficult credit situation for the continent&#8217;s banks where the cost of lending between them is rising<\/strong>. The main concern is <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704792104575264883867618368.html?mod=WSJ_hpp_MIDDLETopStories\">dollar borrowing in the short term<\/a>, which now costs European banks more than their Asian and Americas counterparts. <a href=\"http:\/\/www.businessinsider.com\/12-charts-on-the-crisis-in-european-banking-2010-5#banco-santander-spain-1\">Check out these 12 charts on the crisis in European banking &gt;<\/a><\/li>\n<\/ul>\n<ul>\n<li><strong>Credit is not just becoming tighter in Europe, but worldwide, as investors are now beginning to fear the threat of European debt contagion and a <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aBrSSvgnawRw&amp;pos=3\">potential double-dip recession<\/a><\/strong>. U.S. government debt is now showing some signs of the distress.<\/li>\n<\/ul>\n<ul>\n<li><strong>The CEO of AIA, the Asian division of AIG, has said he will quit if the company&#8217;s takeover by the UK&#8217;s Prudential goes through<\/strong>. He sees the deal as &#8220;<a href=\"http:\/\/www.ft.com\/cms\/s\/0\/1b1a25e8-6765-11df-a932-00144feab49a.html?ftcamp=rss\">unworkable<\/a>.&#8221;<\/li>\n<\/ul>\n<ul>\n<li><strong>BP has come under further pressure this morning for the slow progress of its cleanup and attempts to stop the flow of oil coming out of the Deepwater Horizon leak<\/strong>. The company has offered <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/961f4b4a-675d-11df-a932-00144feab49a.html?ftcamp=rss\">$500 million<\/a> to research the damages of the spill. <a href=\"http:\/\/www.businessinsider.com\/oil-slick-loop-current-2010-5#projection-for-today-may-23-1\">See our latest update of where the oil slick is headed &gt;<\/a><\/li>\n<\/ul>\n<ul>\n<li><strong>Markets seem to be predicting an <a href=\"http:\/\/www.businessinsider.com\/aussie-dollar-setting-up-for-a-fresh-dive-2010-5\">Australian interest rate cut<\/a> as a result of a slowing economy brought down by a drag on the country&#8217;s mining sector<\/strong>. The country, which was an early rate hiker, is now likely to cut rates. <\/li>\n<\/ul>\n<ul>\n<li><strong>Bonus: Kim Kardashian has admitted to plastic surgery, but only a little botox<\/strong>. She has denied ever having her &#8220;<a href=\"http:\/\/www.usmagazine.com\/stylebeauty\/news\/kim-kardashian-admits-to-getting-botox-2010245\">nose done<\/a>.&#8221;<\/li>\n<\/ul>\n<ul>\n<li><strong>Follow the markets all day with up to the minute coverage at <a href=\"http:\/\/www.businessinsider.com\/themoneygame\">The Money Game &gt;<\/a><\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>Get This Delivered Straight To Your Inbox<\/h2>\n<p>Signing up to get <strong>10 Things You Need to Know Before the Opening Bell<\/strong> delivered to your inbox every morning is quick and easy.&nbsp; Use the form below to enter your information then click the &#8220;Sign Up&#8221; button.<\/p>\n<form id=\"form_form\" action=\"http:\/\/feedproxy.google.com\/newsletter\" method=\"post\">\n<div class=\"checkboxes\"><a name=\"fa_newsletters\"><\/a><\/p>\n<div class=\"row f_newsletters checkboxgroup required\"><input checked=\"checked\" name=\"newsletters[]\" type=\"hidden\" value=\"10 Things Before the Opening Bell\" \/><\/div>\n<\/div>\n<div class=\"fields-newsletter\"><a name=\"fa_email\"><\/a><\/p>\n<div class=\"row f_email text required\"><label for=\"f_email\">Email<\/label><input id=\"f_email\" name=\"email\" size=\"30\" type=\"text\" \/><span class=\"msg\">&nbsp;<\/span><\/div>\n<p><a name=\"fa_country\"><\/a><\/p>\n<div class=\"row f_country select error required\"><label for=\"f_country\">Country<\/label><select id=\"f_country\" name=\"country\"><option value=\"US\">United States<\/option><option value=\"AF\">Afghanistan<\/option><option value=\"AX\">Aland Islands<\/option><option value=\"AL\">Albania<\/option><option value=\"DZ\">Algeria<\/option><option value=\"AS\">American Samoa<\/option><option value=\"AD\">Andorra<\/option><option value=\"AO\">Angola<\/option><option value=\"AI\">Anguilla<\/option><option value=\"AQ\">Antarctica<\/option><option value=\"AG\">Antigua And Barbuda<\/option><option value=\"AR\">Argentina<\/option><option value=\"AM\">Armenia<\/option><option value=\"AW\">Aruba<\/option><option value=\"AU\">Australia<\/option><option value=\"AT\">Austria<\/option><option value=\"AZ\">Azerbaijan<\/option><option value=\"BS\">Bahamas<\/option><option value=\"BH\">Bahrain<\/option><option value=\"BD\">Bangladesh<\/option><option value=\"BB\">Barbados<\/option><option value=\"BY\">Belarus<\/option><option value=\"BE\">Belgium<\/option><option value=\"BZ\">Belize<\/option><option value=\"BJ\">Benin<\/option><option value=\"BM\">Bermuda<\/option><option value=\"BT\">Bhutan<\/option><option value=\"BO\">Bolivia, Plurinational State Of<\/option><option value=\"BA\">Bosnia And Herzegovina<\/option><option value=\"BW\">Botswana<\/option><option value=\"BV\">Bouvet Island<\/option><option value=\"BR\">Brazil<\/option><option value=\"IO\">British Indian Ocean Territory<\/option><option value=\"BN\">Brunei Darussalam<\/option><option value=\"BG\">Bulgaria<\/option><option value=\"BF\">Burkina Faso<\/option><option value=\"BI\">Burundi<\/option><option value=\"KH\">Cambodia<\/option><option value=\"CM\">Cameroon<\/option><option value=\"CA\">Canada<\/option><option value=\"CV\">Cape Verde<\/option><option value=\"KY\">Cayman Islands<\/option><option value=\"CF\">Central African Republic<\/option><option value=\"TD\">Chad<\/option><option value=\"CL\">Chile<\/option><option value=\"CN\">China<\/option><option value=\"CX\">Christmas Island<\/option><option value=\"CC\">Cocos (keeling) Islands<\/option><option value=\"CO\">Colombia<\/option><option value=\"KM\">Comoros<\/option><option value=\"CG\">Congo<\/option><option value=\"CD\">Congo, The Democratic Republic Of The<\/option><option value=\"CK\">Cook Islands<\/option><option value=\"CR\">Costa Rica<\/option><option value=\"CI\">Cote D&#8217;ivoire<\/option><option value=\"HR\">Croatia<\/option><option value=\"CU\">Cuba<\/option><option value=\"CY\">Cyprus<\/option><option value=\"CZ\">Czech Republic<\/option><option value=\"DK\">Denmark<\/option><option value=\"DJ\">Djibouti<\/option><option value=\"DM\">Dominica<\/option><option value=\"DO\">Dominican Republic<\/option><option value=\"EC\">Ecuador<\/option><option value=\"EG\">Egypt<\/option><option value=\"SV\">El Salvador<\/option><option value=\"GQ\">Equatorial Guinea<\/option><option value=\"ER\">Eritrea<\/option><option value=\"EE\">Estonia<\/option><option value=\"ET\">Ethiopia<\/option><option value=\"FK\">Falkland Islands (malvinas)<\/option><option value=\"FO\">Faroe Islands<\/option><option value=\"FJ\">Fiji<\/option><option value=\"FI\">Finland<\/option><option value=\"FR\">France<\/option><option value=\"GF\">French Guiana<\/option><option value=\"PF\">French Polynesia<\/option><option value=\"TF\">French Southern Territories<\/option><option value=\"GA\">Gabon<\/option><option value=\"GM\">Gambia<\/option><option value=\"GE\">Georgia<\/option><option value=\"DE\">Germany<\/option><option value=\"GH\">Ghana<\/option><option value=\"GI\">Gibraltar<\/option><option value=\"GR\">Greece<\/option><option value=\"GL\">Greenland<\/option><option value=\"GD\">Grenada<\/option><option value=\"GP\">Guadeloupe<\/option><option value=\"GU\">Guam<\/option><option value=\"GT\">Guatemala<\/option><option value=\"GG\">Guernsey<\/option><option value=\"GN\">Guinea<\/option><option value=\"GW\">Guinea-bissau<\/option><option value=\"GY\">Guyana<\/option><option value=\"HT\">Haiti<\/option><option value=\"HM\">Heard Island And Mcdonald Islands<\/option><option value=\"VA\">Holy See (vatican City State)<\/option><option value=\"HN\">Honduras<\/option><option value=\"HK\">Hong Kong<\/option><option value=\"HU\">Hungary<\/option><option value=\"IS\">Iceland<\/option><option value=\"IN\">India<\/option><option value=\"ID\">Indonesia<\/option><option value=\"IR\">Iran, Islamic Republic Of<\/option><option value=\"IQ\">Iraq<\/option><option value=\"IE\">Ireland<\/option><option value=\"IM\">Isle Of Man<\/option><option value=\"IL\">Israel<\/option><option value=\"IT\">Italy<\/option><option value=\"JM\">Jamaica<\/option><option value=\"JP\">Japan<\/option><option value=\"JE\">Jersey<\/option><option value=\"JO\">Jordan<\/option><option value=\"KZ\">Kazakhstan<\/option><option value=\"KE\">Kenya<\/option><option value=\"KI\">Kiribati<\/option><option value=\"KP\">Korea, Democratic People&#8217;s Republic Of<\/option><option value=\"KR\">Korea, Republic Of<\/option><option value=\"KW\">Kuwait<\/option><option value=\"KG\">Kyrgyzstan<\/option><option value=\"LA\">Lao People&#8217;s Democratic Republic<\/option><option value=\"LV\">Latvia<\/option><option value=\"LB\">Lebanon<\/option><option value=\"LS\">Lesotho<\/option><option value=\"LR\">Liberia<\/option><option value=\"LY\">Libyan Arab Jamahiriya<\/option><option value=\"LI\">Liechtenstein<\/option><option value=\"LT\">Lithuania<\/option><option value=\"LU\">Luxembourg<\/option><option value=\"MO\">Macao<\/option><option value=\"MK\">Macedonia<\/option><option value=\"MG\">Madagascar<\/option><option value=\"MW\">Malawi<\/option><option value=\"MY\">Malaysia<\/option><option value=\"MV\">Maldives<\/option><option value=\"ML\">Mali<\/option><option value=\"MT\">Malta<\/option><option value=\"MH\">Marshall Islands<\/option><option value=\"MQ\">Martinique<\/option><option value=\"MR\">Mauritania<\/option><option value=\"MU\">Mauritius<\/option><option value=\"YT\">Mayotte<\/option><option value=\"MX\">Mexico<\/option><option value=\"FM\">Micronesia, Federated States Of<\/option><option value=\"MD\">Moldova, Republic Of<\/option><option value=\"MC\">Monaco<\/option><option value=\"MN\">Mongolia<\/option><option value=\"ME\">Montenegro<\/option><option value=\"MS\">Montserrat<\/option><option value=\"MA\">Morocco<\/option><option value=\"MZ\">Mozambique<\/option><option value=\"MM\">Myanmar<\/option><option value=\"NA\">Namibia<\/option><option value=\"NR\">Nauru<\/option><option value=\"NP\">Nepal<\/option><option value=\"NL\">Netherlands<\/option><option value=\"AN\">Netherlands Antilles<\/option><option value=\"NC\">New Caledonia<\/option><option value=\"NZ\">New Zealand<\/option><option value=\"NI\">Nicaragua<\/option><option value=\"NE\">Niger<\/option><option value=\"NG\">Nigeria<\/option><option value=\"NU\">Niue<\/option><option value=\"NF\">Norfolk Island<\/option><option value=\"MP\">Northern Mariana Islands<\/option><option value=\"NO\">Norway<\/option><option value=\"OM\">Oman<\/option><option value=\"PK\">Pakistan<\/option><option value=\"PW\">Palau<\/option><option value=\"PS\">Palestinian Territory, Occupied<\/option><option value=\"PA\">Panama<\/option><option value=\"PG\">Papua New Guinea<\/option><option value=\"PY\">Paraguay<\/option><option value=\"PE\">Peru<\/option><option value=\"PH\">Philippines<\/option><option value=\"PN\">Pitcairn<\/option><option value=\"PL\">Poland<\/option><option value=\"PT\">Portugal<\/option><option value=\"PR\">Puerto Rico<\/option><option value=\"QA\">Qatar<\/option><option value=\"RE\">Reunion<\/option><option value=\"RO\">Romania<\/option><option value=\"RU\">Russian Federation<\/option><option value=\"RW\">Rwanda<\/option><option value=\"BL\">Saint Barthelemy<\/option><option value=\"SH\">Saint Helena<\/option><option value=\"KN\">Saint Kitts And Nevis<\/option><option value=\"LC\">Saint Lucia<\/option><option value=\"MF\">Saint Martin<\/option><option value=\"PM\">Saint Pierre And Miquelon<\/option><option value=\"VC\">Saint Vincent And The Grenadines<\/option><option value=\"WS\">Samoa<\/option><option value=\"SM\">San Marino<\/option><option value=\"ST\">Sao Tome And Principe<\/option><option value=\"SA\">Saudi Arabia<\/option><option value=\"SN\">Senegal<\/option><option value=\"RS\">Serbia<\/option><option value=\"SC\">Seychelles<\/option><option value=\"SL\">Sierra Leone<\/option><option value=\"SG\">Singapore<\/option><option value=\"SK\">Slovakia<\/option><option value=\"SI\">Slovenia<\/option><option value=\"SB\">Solomon Islands<\/option><option value=\"SO\">Somalia<\/option><option value=\"ZA\">South Africa<\/option><option value=\"GS\">South Georgia And South Sandwich Islands<\/option><option value=\"ES\">Spain<\/option><option value=\"LK\">Sri Lanka<\/option><option value=\"SD\">Sudan<\/option><option value=\"SR\">Suriname<\/option><option value=\"SJ\">Svalbard And Jan Mayen<\/option><option value=\"SZ\">Swaziland<\/option><option value=\"SE\">Sweden<\/option><option value=\"CH\">Switzerland<\/option><option value=\"SY\">Syrian Arab Republic<\/option><option value=\"TW\">Taiwan, Province Of China<\/option><option value=\"TJ\">Tajikistan<\/option><option value=\"TZ\">Tanzania, United Republic Of<\/option><option value=\"TH\">Thailand<\/option><option value=\"TL\">Timor-leste<\/option><option value=\"TG\">Togo<\/option><option value=\"TK\">Tokelau<\/option><option value=\"TO\">Tonga<\/option><option value=\"TT\">Trinidad And Tobago<\/option><option value=\"TN\">Tunisia<\/option><option value=\"TR\">Turkey<\/option><option value=\"TM\">Turkmenistan<\/option><option value=\"TC\">Turks And Caicos Islands<\/option><option value=\"TV\">Tuvalu<\/option><option value=\"UG\">Uganda<\/option><option value=\"UA\">Ukraine<\/option><option value=\"AE\">United Arab Emirates<\/option><option value=\"GB\">United Kingdom<\/option><option value=\"UM\">United States Minor Outlying Islands<\/option><option value=\"UY\">Uruguay<\/option><option value=\"UZ\">Uzbekistan<\/option><option value=\"VU\">Vanuatu<\/option><option value=\"VE\">Venezuela, Bolivarian Republic Of<\/option><option value=\"VN\">Viet Nam<\/option><option value=\"VG\">Virgin Islands, British<\/option><option value=\"VI\">Virgin Islands, U.s.<\/option><option value=\"WF\">Wallis And Futuna<\/option><option value=\"EH\">Western Sahara<\/option><option value=\"YE\">Yemen<\/option><option value=\"ZM\">Zambia<\/option><option value=\"ZW\">Zimbabwe<\/option><\/select><span class=\"msg\">&nbsp;<\/span><\/div>\n<p><a name=\"fa_zip\"><\/a><\/p>\n<div class=\"row f_zip text required\"><label for=\"f_zip\">Zip Code<\/label><input id=\"f_zip\" name=\"zip\" size=\"8\" type=\"text\" \/><span class=\"msg\">&nbsp;<\/span><\/div>\n<p><\/p>\n<p class=\"submit\"><a href=\"http:\/\/feedproxy.google.com\/privacy-policy\" >Privacy Policy<\/a><\/p>\n<div class=\"buttons\"><input class=\"button\" type=\"submit\" value=\"Sign Up\" \/><\/div>\n<p> <\/p>\n<hr \/>\n<p class=\"submit\"><em><span style=\"text-decoration: underline;\">Please Note:<\/span> Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email<\/em><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/form>\n<p><a href=\"http:\/\/www.businessinsider.com\/10-things-may-25-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/54czL5vsgDM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Here&#8217;s what you need to know: Asian markets fell significantly overnight due to increasing geopolitical fears associated with the Korean Peninsula. European markets are also down hard in early trading on similar news, as well as concerns over the Spanish banking system. U.S. futures are down ahead of today&#8217;s trading day. Case-Shiller housing [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-577627","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/577627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=577627"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/577627\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=577627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=577627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=577627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}