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Carmel to make big tech announcement Monday

INDIANAPOLIS (WISH) – Stocks react to the mass shooting in Orlando and a big tech announcement is expected to take place on Monday in Carmel.

Jane King was on Daybreak with these business headlines.

Most world markets opened overnight and trade is lower at the world is rattled yet again by a terror attack. King said whenever we see these tragedies, investors often retreat due to uncertainty. Stocks closed lower on Friday as well.

In other business news, a California-based tech company will take part in an economic development announcement in Carmel. Governor Mike Pence and Lieutenant Governor Eric Holcomb are set to take part in the announcement. The announcement will mark the latest in a string of recent tech wins for central Indiana, most notably last month when Salesforce announced plans to establish a new headquarters in the former Chase Tower in downtown Indianapolis. Chase Tower will be re-branded as Salesforce Tower.

For more business headlines watch the video above.