US Markets:
Dow
Nasdaq
S.&P. 500 Asia at 9 AM
Japan Nikkei 8,972.03 -57.73 -0.64%
Hong Kong Hang Seng 13,946.77 -383.08 -3.02%
China Shanghai 1,736.11 –1.56% –27.50
Crude Oil $64.57 –2.11% –$1.39
Gold $734.30 –0.57% –$4.20
News Today:
* US Economy shrinks by 0.3 in the 3rd qtr as per the pre GDP estimates.
* US consumer spending is at a 28 year low, jobless claims unchanged against last week.
* FED Provides another $21 billion dollars to AIG, total of $144 billion given to AIG so far. It seems AIG will be in need of more cash.
* Bank of Japan is expected to reduce key lending rate to 0.25%,Japan's September jobless rate falls to 4%
* China's central bank slashes one-year lending and deposit rates by 27 basis points third rate cut in 2 months.
* Indian Inflation eases to 10.68%.
Dow
Nasdaq
S.&P. 500 Asia at 9 AM
Japan Nikkei 8,972.03 -57.73 -0.64%
Hong Kong Hang Seng 13,946.77 -383.08 -3.02%
China Shanghai 1,736.11 –1.56% –27.50
Crude Oil $64.57 –2.11% –$1.39
Gold $734.30 –0.57% –$4.20
News Today:
* US Economy shrinks by 0.3 in the 3rd qtr as per the pre GDP estimates.
* US consumer spending is at a 28 year low, jobless claims unchanged against last week.
* FED Provides another $21 billion dollars to AIG, total of $144 billion given to AIG so far. It seems AIG will be in need of more cash.
* Bank of Japan is expected to reduce key lending rate to 0.25%,Japan's September jobless rate falls to 4%
* China's central bank slashes one-year lending and deposit rates by 27 basis points third rate cut in 2 months.
* Indian Inflation eases to 10.68%.
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