| Dow 9015 |  | +62.21 | (+0.69%) |
| Nasdaq 1652 | | +24.35 | (+1.50%) |
| S&P 935 | | +7.25 | (+0.78%) |
Europe
| FTSE 100 4639 | | +59.28 | (+1.29%) |
| CAC 40 3396 | | +36.30 | (+1.08%) |
| DAX 30 5026 | | +42.32 | (+0.85%) |
Asia at 9 30 AM
| Nikkei 225 9267 | | +185.67 | (+2.04%) |
| Hang Seng 15521 | | +11.69 | (+0.08%) |
SGX Nifty
3145 +12 ptsCommodities
| Light Crude (NYM) | 48.58 | (-0.23) |
| Gold (CMX) | | 866.00 | (+8.20) |
Market Outlook:
US markets ended positive on news of Obama's stimulus package and Tax benefits, Other world markets are trading from flat to positive. Nifty showed resilience towards closing yesterday, A break of 3152 is vital for Nifty to continue the ongoing pull back rally.
News Today
* ALCOA Aluminum giant says it will lay off 13% of staff, close plants, sell four business units, freeze salaries.
* Several European countries say their supply of natural gas from Russia has been cut or reduced amid a dispute over payments between Russia and Ukraine.
* Crude rallies to $50, due to geo political concerns in Israel and Russia,Ukraine tussle.
* FED minutes says "Members of the Federal Open Market Committee at their mid-December meeting saw increasing risks of depression and deflation"
* Euro-zone inflation slows to 1.6%, below ECB target, Deflation threat looms.
* Toyota to halt production for 11 days as demand falls.
* Adolf Merckle, one of Germany's wealthiest men, committed suicide after his family business empire began unraveling amid mounting deb due the financial crisis.
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