Business news: Five things to watch March 28

3. Wave of revolution

Anja Niedringhaus/AP
Libyan rebels are jubilant at a checkpoint in Al-Egila, east of Ras Lanuf, eastern Libya, March 27, 2011. The rebels claim that they have entered Ras Lanuf, part of a broader picture of Mideast turmoil that engulfed Syria this weekend. But in Egypt, the stock market surged 5 percent on Sunday after last week's expected sell-off.

The recently reopened Egypt stock market started the week on a winning note, surging 5 percent on the open Sunday, after last week's expected sell-off. The dose of good news, however, is in contrast to a region stricken with turmoil. With reports of violent clashes in Syria and the U.S. and NATO forces deeply involved with in the battle in Libya, President Obama faces a backlash at home. He'll speak about the issue Monday night at 7:30 p.m. Eastern Time.

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