| Dow 8474 |  | -125.21 | (-1.46%) |
| Nasdaq 1539 | | -32.80 | (-2.09%) |
| S&P 870 | | -20.09 | (-2.26%) |
Europe
| FTSE 100 4426 | | -22.35 | (-0.50%) |
| CAC 40 3246 | | -53.38 | (-1.62%) |
| DAX 30 4720 | | -64.27 | (-1.34%) |
Asia at 9 30 AM
| Nikkei 225 8458 | | -378.41 | (-4.28%) |
| Hang Seng 13997 |  | +26.21 | (+0.18%) |
SGX Nifty
2730 -15 ptsCommodities
| Light Crude (NYM) | | 37.59 | (-3.24) |
| Gold (CMX) | | 821.00 | (-34.00) |
Market Outlook:
Another Down day for US markets. Earnings season kicks off and prominent advisers warn of ugly earnings this quarter. DOW slipped more than 100 points. Nifty continues to feel the selling pressure,Infosys results today will set the tone for the results season.
News Today
* U.S. President-elect Barack Obama made his case to Congress for the release of $350 billion in remaining federal bailout funds.
* Aluminum maker Alcoa reports $1.2 billion loss.
* World Bank bars Wipro's software unit from contracts until 2011 on bribery charges.
* Gold and oil fall on rising dollar. Rupee weakens against dollar on outflows.
* India's Index for Industrial Output (IIP) registered a 2.4% growth in November as against the negative 0.3% for October.
* Former CFO of Satyam revealed that the software firm’s fixed deposits were unreal and fictitious.
* Japanese electronics giant SONY reportedly will report first operating loss in 14 years, and only its second in 40 years as a public company.
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