Travel Stocks Hit After Paris Attacks, U.S. Reaction is Muted

Investors are retreating from airline and hotel stocks after the terror attacks in Paris. In Asia, stocks finished lower as the global markets had their first chance to react to the Friday night attacks on the French capital. U.S. stocks didn't react with big drops. Instead, some analysts say the attacks could mean the Federal Reserve will hold on interest rate increases at its December meeting. Marriott Hotels (MAR) is buying Starwood Hotels (HOT) for $12.2 billion. Together the two hotel chains will have 1.1 million hotel rooms. IBM (IBM) and Xilinx (XLNX) have partnered to expand the use of IBM power processors in servers, taking on Intel (INTC) for a bigger slice of the data center market. It's one of several announcements IBM is making today around its open power effort, which it launched last year to breath new life into power by licensing the design for use by other companies.