| Dow 8149 |  | -226.44 | (-2.70%) |
| Nasdaq 1508 | | -50.50 | (-3.24%) |
| S&P 845 | | -28.95 | (-3.31%) |
Europe
| FTSE 100 4190 | | -100.79 | (-2.40%) |
| CAC 40 3010 | | -66.26 | (-2.15%) |
| DAX 30 4428 | | -90.61 | (-2.01%) |
Asia at 9 30 AM
| Nikkei 225 7941 | | -310.62 | (-3.76%) |
| Hang Seng 12997 | | -157.76 | (-1.25%) |
SGX Nifty 2772 -13 pts
Commodities
| Light Crude (NYM) | 41.44 | (-0.72) |
| Gold (CMX) | 906.50 | (+16.50) |
Market Outlook:
US Markets ended a 4 day winning streak on the back of bad economic datas, DOW lost 200+ points. Asia markets take cues from US and open in red, Nifty continues to have big resistance at 2850 levels.
News Today
* Thursday brought a hat-trick of grim economic news: New-home sales fell to their slowest pace on record, businesses cut their orders and jobless claims continued to rise.
* Japan's industrial output tumbles by record margin, while unemployment spikes to 4.4% in December.
* Ford reports $5.9 billion loss,Ford has one of its worst years on record as car sales plunged last month to a 26-year low. But CEO Alan Mulally reaffirms carmaker can get by without government aid
*
*
* President Obama criticized bankers for giving themselves $18.4 billion in bonuses as the economy was spinning out of control.
* Bank Bailout Could Cost Up to $4 Trillion: Economists
0 comments:
Post a Comment