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Reuters Insider - Stocks pare worst losses after attacks

Tue 22nd March, 2016 9:27pm
Click the following link to watch video:                              
 Source:             Thomson Reuters                                   
 Description:        Stocks staged a comeback from intraday losses on  
                     Tuesday, to close out Tuesday's session with the  
                     major U.S. indexes relatively flat. Bobbi Rebell  
(To access all exclusive Reuters Insider programming visit: http://insider.thomsonreuters.com) 
 Short Link:  http://reut.rs/21FWR5y  
Transcript (May be auto-generated)

                 A rally in healthcare stocks helped markets bounce back from morning losses 
following the wave of blasts in Brussels, though stocks still closed slightly to
the downside for the most part. Fiduciary Trust's Ronald Sanchez says investors 
have become numb to news of deadly attacks. It's obvious that over 10 years 
later that the markets had become quite accustomed to isolated terrorists 
attack, and that setbacks tend to prove to be temporary and I think that's case 
in point here today. Hardest hit, travel-related stocks from airlines like 
United, Continental, and American to hotels like Starwood and travel agencies 
like Priceline and Expedia. Investors sought safety in gold, driving gold stocks
higher. Zillow shares rose after RBC upgraded the real estate Website operator 
to 'outperform' from 'sector perform'. Other good news on the property front, US
home prices rose in January. Leisure stocks were losers in Europe after the 
attacks, but the markets managed to close higher
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