US Markets:
Dow 9,447.11 –5.11%–508.39
Nasdaq 1,754.88 –5.80%–108.08
S.&P. 500 996.23 –5.74%–60.66
Asia at 9 AM
Japan Nikkei 9,695.12 –4.54%–460.78
Hong Kong Hang Seng 15,877.96 –5.51%–925.80
China Shanghai 2,099.46 –2.71%–58.38
SGXNifty 3500 -169
Crude Oil
$89.77
–0.32%–$0.29
Gold
$885.50
+0.40%
News Today:
* DOW sheds 500 points to new 5 year low, loses 13% in Five Days
* FED chairman Bernanke painted a gloomy picture about US economy, says downside risky are high. Hints further interest rate cuts.
* US SEC ban on short selling financial stocks expires by tomorrow.
* Tata Nano moves to Gujarat, State signs MOU with tata for nano's mother plant.
* Rupee is near 6 year low.
| 2008 IN THE EMERGING MARKETS Best-performing markets | |||
Kuwait's KSE Price Index | -5% | ||
| Chile's IPSA index | -20% | ||
| Mexico's IPC index | -26% | ||
| Worst-performing markets | |||
| Russia's RTS index | -62% | ||
| China's Shanghai Composite | -59% | ||
| Vietnam's VN Index | -53% | ||
* as of Oct. 7
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