MarketS DailY - Feb 13

US Markets
Dow 7933-6.77 (-0.09%)
Nasdaq 1542+11.21 (+0.73%)
S&P 835+1.45 (+0.17%)

Europe
FTSE 100 4202-32.02 (-0.76%)
CAC 40 2964-63.38 (-2.09%)
DAX 30 4408-122.53 (-2.70%)

Asia at 9 30 AM
Nikkei 225 7814+109.06 (+1.42%)
Hang Seng 13455+227.10 (+1.68%)

SGX Nifty 2920 +33 pts

Commodities
Light Crude (NYM) 33.98 (-1.96)
Gold (CMX) 949.20 (+4.70)

News Today

* US Congress is set to send a $789 billion economic stimulus package to President Obama's desk by Monday

* IMF is asking rich member nations such as Japan to make bridge loans and is considering issuing its own bonds, also plans to infuse upto $600 billion into global economy with its increased budget.

* Toyota World's largest automaker, facing first operating loss since World War II, imposes deep production, cost cuts in operations in U.S.-Canada, its largest market.

* US Retail sales unexpectedly jump 1% for first rise since June.

* Finance experts say some of the biggest US banks are at the edge of insolvency.

* Foreign investors have reduced their holdings in Indian cos drastically in the last four quarters, its down to 2003 levels.

* In Kolkata trade, gold hit its all-time high of Rs 15,090 per 10 gm.