Before the bell: Middle East spooks investors.[E]

On Monday stock market can open with decline amid continuing violence
at the Middle East. However Israel media message signaled Hezbollah
bombing will be stopped leg down oil prices but couldn't step up futures
on main stock indexes which continued trade in red.
Six-day war between Lebanon and Israel fuel extra worry to investors
who's anxiety on Iran, Iraq and Northern Korea situation still remain.
Oil gained ahead Israel media message. Ultimately light oil was 96
cents off to $76.07. Brent oil lost $1.20 to $76.38.
Asian stock market closed in red. Japan and South Korea markets were
closed on celebrations. EU stock markets also suffered losses.
Corporate news. Dow component Citigroup entered it's weekly Q-earnings
reporting. Profit on shares made $1.05 per share that is 1 cent below
forecasted one.
General Motors lost 6% on EU trades as Toyota denies possible
GM-Nissan-Renault alliance. Besides as Detroit News informs Toyota doesn't want
to interfere negotiations between GM and Nissan-Renault.
Intel is due to roll out its new chip Itanium, which features the
equivalent of two electronic brains.
European concern Airbus prepares for Farnborough air show to present a
new version of A-350. As Deutsche Welle informs, the final decision was
accepted only several days ago. New Airbus management is adjusted to
advance more resolutely novelties on the market. Delays in a super-airbus
A-380 challenge urged essential Airbus shares drop.