Dow 8228 | +279.01 | (+3.51%) | |
Nasdaq 1507 | +66.21 | (+4.60%) | |
S&P 840 | +35.02 | (+4.35%) |
Europe
FTSE 100 4060 | -31.52 | (-0.77%) | |
CAC 40 2906 | -19.71 | (-0.67%) | |
DAX 30 4261 | +21.30 | (+0.50%) |
Asia at 9 30 AM
Nikkei 225 7892 | -9.60 | (-0.12%) | |
Hang Seng 12673 | +89.48 | (+0.69%) |
SGX Nifty 2712 +42 pts
Commodities
Light Crude (NYM) | 43.55 | (+2.71) |
Gold (CMX) | 850.10 | (-5.10) |
Market Outlook:
A pull back rally in US Markets, all world markets are in make or break down state. Negative news are beginning to trickle from the macro economic front.
Our markets witnessed a late sell off yesterday, today RIL reports its Earnings. Markets will look up to RIL numbers for the next move.
News Today
* China's economic growth slumped to 9 percent for 2008, slowest in 7 years.
* New York senator Hillary clinton confirmed as secretary of state.
* New bank-rescue plan on tap, Treasury nominee Geithner says.
* U.S. loan losses, write-downs to reach $3.6 trillion says Nouriel Roubini.
* Dollar near 13-year low against yen.
* Crude oil puts on gains on speculation that OPEC will order more production cuts.
* HDFC and Wipro delivered disappointing numbers, Wipro paints a bleak Guidance .
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