MarketS DailY - Nov 10

US INDICES

Index Level Change(pts) Change(%)

Dow Jones 8943.81 248.02 2.85
Nasdaq 1647.40 38.70 2.41

ASIAN INDICES AT 9 AM

Nikkei 9053.90 470.90 5.49
Hang Seng 14689.98 446.55 3.14
Kospi Index 1139.50 5.01 0.44
Straits Times 1862.19 -1.30 -0.07


EUROPEAN INDICES

FTSE 100 4364.96 92.55 2.17
CAC 40 Index 3469.12 81.87 2.42
Dax Index 4938.46 124.89 2.59


SGX NIFTY 3055 +37 points

Crude Oil

$64.01

+4.87%+$2.97

Gold

$749.00

+2.02%+$14.80

News Today :

* China announces $ 586 billion stimulus package to boost up the economy . Shanghai markets up nearly 5% in early trade.

* Asian Markets rally taking cues from chinese markets.

* US unemployment rate hits 6.5%, evident signs of a painful recession.

* Berkshire hathway posts a 77% drop in net profits this quarter. Automakers Ford, General Motors and Chrysler, ask for a financial lifeline after suffering from huge losses.

* US Treasury Department and the Federal Reserve were near a deal to invest an additional $40 billion in AIG.

* China's wholesale inflation falls to 6.6% in October.

2008* IN THE EMERGING MARKETS Best-performing markets
Chile's IPSA index	-18%
South Africa's All Share index	-28%
Mexico's IPC index	-30%
Worst-performing markets
China's Shanghai Composite index	-67%
Russia's RTS index	-65%
Indonesia's JSX Composite index	-54%

* as of Nov. 3