| Dow 7271 |  | -80.05 | (-1.09%) |
| Nasdaq 1425 | | -16.40 | (-1.14%) |
| S&P 765 | | -8.24 | (-1.07%) |
Europe
| FTSE 100 3849 |  | +32.54 | (+0.85%) |
| CAC 40 2697 | | -11.13 | (-0.41%) |
| DAX 30 3846 | | -49.54 | (-1.27%) |
Asia at 9 30 AM
| Nikkei 225 7563 | | +101.99 | (+1.37%) |
| Hang Seng 12852 | | -152.76 | (-1.19%) |
SGX Nifty 2749 -3pts
Commodities
| Light Crude (NYM) | 42.50 | (+2.54) |
| Gold (CMX) | 966.20 | (-3.30) |
News Today
* Britain's economy shrank at its fastest pace since 1980 in the last three months of 2008, unrevised official figures confirm.
* Sales of existing US homes fall 5.3% to 12-year low.
* Singapore's economy contracted at an annualized 16.4% in the October-to-December quarter, its sharpest pace of contraction in 33 years.
* US Government issues details of bank stress test, Banks that fail the test would have to provide securities that could be converted to common stock in order to get additional government funds.
* US President Barack Obama said Wednesday his administration would lay down "clear rules of the road" for the crippled financial industry with a new 21st century regulatory framework.
