Paris Attack Expected To Rock Stock Market

The value of stocks, crude oil and the European currency will likely fall this week as investors worry about what the Paris terror attacks will do to consumer confidence and key parts of the global economy.

The public nature of the targets — cafes, a stadium and a concert hall — could make travelers hesitant about visiting Paris or other major cities. A decline in tourism in Europe could weaken the euro, while oil prices could fall on fears that demand will drop.

The attacks also could hurt major airlines in the U.S., Europe and Asia. The Paris attacks come as investors are already nervous about slowing economic growth in China and the future of the eurozone.

ABC’s Mark Remillard joined us from New York City.