“Stocks edged higher by mid-afternoon Tuesday, though trading remained unpredictable and cautious after a terrorist attack in Brussels reignited fears over global safety and market stability,” Keris Alison Lahiff reports for TheStreet.
“‘It is all to do with the events in Brussels … but the reaction is muted, which also shows that after all the terrorist attacks we have seen, markets have learned to live with these kind of things,’ Rabobank eurozone economist Emile Cardon told Reuters,” Lahiff reports. “At least 31 people have been confirmed dead and many more injured after suicide bombers triggered explosions at the airport in Brussels and a metro station, according to reports. ISIS has since claimed responsibility for the attacks.”
“Travel stocks, including airlines, hotels and online-booking sites, were hit hardest on the news,” Lahiff reports. “Apple was on watch after federal prosecutors asked a judge to halt a much-anticipated hearing on their efforts to force the tech giant to unlock a phone used by one of the San Bernardino attackers. The FBI may have found another way, and Apple’s cooperation may no longer be needed, according to court papers filed late Monday, less than 24 hours before Tuesday’s hearing. Separately, Apple unveiled its latest addition to its smartphone portfolio on Monday afternoon, the smaller, four-inch iPhone SE.”
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MacDailyNews Take: As long as the responses are feckless and weak, these attacks will unfortunately continue.
Terrorism is horrible and must be stopped. All of us must do everything we can do to stop this craziness… these people shouldn’t exist. They should be eliminated… You don’t want to eliminate everyone’s privacy. If you do, you not only don’t solve the terrorist issue but you also take away something that is a human right. The consequences of doing that are very significant. Apple CEO Tim Cook, February 27, 2015