MarketS DailY - Sep 24

US Markets:

DOW

161.84 -1.47% 10,854.17

NASDAQ 25.65 -1.18% 2,153.33

Asia at 9 AM:

NIKKEI 11,950.40 –140.19 –1.16%

HANG SENG 19,142.74 +269.89 +1.37%

SGX NIFTY : 4170 +23

Gold: $883.50 –0.34% –$3.00
Crude :$107.02 +0.38% +$0.41

News Today:

* Warren Buffet is buying $5 billion of preferred stock in Goldman sachs.

* The FBI is investigating financial institutions whose collapse helped trigger the government's $700 billion bailout plan.

* US FED chairman Bernanke and Treasury secretary Hank Paulson testified before the US congress about the $700 billion bail out package.

* US Law makers raised concerns on the bail out package and is yet to clear it.