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There are two storm clouds on the horizon that could force global equity markets lower, sharply hike interest rates on sovereign debt and create a super rally in the U.S. Dollar.

Can the increase in U.S. economic strength override concern for Europe's banking and sovereign debt woes ? If so, look for a surge in stock prices.

European telecommunications and cable group Altice has agreed to purchase Cablevision, the fifth-largest cable operator in the U.S. and owner of New York's Newsday newspaper for $17.7 billion, including debt. The deal is the latest in a series of moves that are re-shaping the U.S. broadband and cable television market.

Many believe that getting a side hustle can be a good idea, especially if you want to boost your income instead of waiting around for the next performance review. With financial security a problem especially in the U.S, side hustles prove to be a viable option for many people working to get out of debt or thinking of venturing into the entrepreneurial zones. A side hustle offers you the chance to discover your passions or pursue your dream job, without sacrificing the steady paycheck of a day job. More than half of the younger generations in the U.S. are running side hustles. They make extra cash outside of their regular day jobs by doing everything from babysitting, reselling stuff online, home repairs, crafts etc.

Hong Kong opened 65 points lower after local U.S.-listed stocks dropped Friday but ended up 104 in light turnover, aided by debt-strapped Greece's agreement to an austerity plan.

Hong Kong blue chips rose to a high of 20,173 on the improved political situation in debt-ridden Italy and on gains in the U.S., but fell back from the 100-day moving average.

The Hong Kong market rose sharply due to gains in Hong Kong-listed ADRs in the U.S. on Friday and to optimism Europe would solve its debt crisis at a regional summit on Wednesday.

After enjoying the bull market in the early months of 2012, investors were alarmed once again by the Greek debt crisis but stronger U.S. economic numbers may help stocks strike a balance.

After Greece announced it would hold a referendum on the new austerity plan, U.S. stocks gapped down, erasing a week of euphoric gains and casting major doubt over the deal.

Hong Kong fell on weak volume after the U.S. market reversed early gains when the Federal Reserve Board signaled it would not take measures to stimulate the U.S. economy.

Without Europe's sovereign debt and banking woes this market would fly. Economic reports dispute argumant for recession. Traders' opportunity on weakness today.

Deep differences among Super Committee members on opinion over tax and spending reforms made it impossible to strike a compromise, marking another market-negative catalyst.

Wall Street looking to the Euro-summit meeting this weekend for at least a partial solution to banking and sovereign debt issues. Bulls anxious to load up.

A potential resolution to the debt crisis in the eurozone helped to push shares of banks and credit card companies higher today. Optimism surrounding the situation and revised outlooks on Q3 expectations factored into gains in the sector.

The Hong Kong market fell as the European debt crisis drove investors away from risk and into U.S. bonds. The drop in commodities also hurt Chinese oil and gold producers.

Gold in New York retreated from the top level of seven weeks as the U.S. dollar strengthened after Greece private creditors signaled European government to economic oversight in exchange for bailout, reducing bullion demand as an alternative asset.

China stocks opened lower and continued to fall in Hong Kong Monday, weighed down by worry over European debt and possible failure of the U.S. deficit-reduction Super Committee.

Strong performances by U.S. markets helped Hong Kong and China stocks extend their rally. However, gains and turnover declined after Monday's big rise.