Dow 7553 | -297.81 | (-3.79%) | |
Nasdaq 1471 | -63.70 | (-4.15%) | |
S&P 789 | -37.67 | (-4.56%) |
Europe
FTSE 100 4034 | -100.62 | (-2.43%) | |
CAC 40 2875 | -86.99 | (-2.94%) | |
DAX 30 4217 | -150.04 | (-3.44%) |
Asia at 9 30 AM
Nikkei 225 7541 | -104.04 | (-1.36%) | |
Hang Seng 12745 | -200.05 | (-1.49%) |
SGX Nifty 2726 -35 pts
Commodities
Light Crude (NYM) | 34.93 | (-2.58) |
Gold (CMX) | 967.50 | (+25.30) |
News Today
* President Obama signs $787 billion stimulus package, saying it will create 3.5 million jobs, help pull U.S. out of one of the worst recessions in generations.
* DOW ended at 7,552.6, remaining a hair above its Nov 20 closing low of 7,552.29. S&P 500 Slips below 800 for the first time in 3 months.
* General Motors and Chrysler said they need an additional $21.6 billion in federal loans between them because of worsening demand for their cars and trucks.
* A possible bout of deflation is now a key risk facing the economy says FED.
* Satyam has called back more than 1,500 overseas employees, attached to projects onsite.