Dow 6726 | -37.27 | (-0.55%) | |
Nasdaq 1321 | -1.84 | (-0.14%) | |
S&P 696 | -4.49 | (-0.64%) |
Europe
FTSE 100 3512 | -113.74 | (-3.14%) | |
CAC 40 2555 | -26.91 | (-1.04%) | |
DAX 30 3691 | -19.35 | (-0.52%) |
Asia at 9 30 AM
Nikkei 225 7173 | -56.96 | (-0.79%) | |
Hang Seng 12039 | +5.22 | (+0.04%) |
SGX Nifty 2601 +15pts
Commodities
Light Crude (NYM) | 41.65 | (+1.50) |
Gold (CMX) | 913.60 | (-26.40) |
News Today
* US Markets still remain at 12 year lows. S&P 500 closes below 700.
* Australia's gross domestic product shrank 0.5% on a seasonally-adjusted basis in the October-December period from the previous quarter.
* Toyota Motor Corp is seeking a loan backed by the Japanese government to help its finance arm cut funding costs as the global crisis tightens access to credit, a company official said.
* Ford Motor Co, General Motors Corp and Chrysler LLC on Tuesday reported February U.S. vehicle sales declines by at least 44%, marking the worst month in decade.
* President Barack Obama said on Tuesday he saw little hope of near-term improvement in the US economy after a staggering drop in gross domestic
product in the final three months.
* Chinese officials indicated confidence China will hit 8% growth this year despite economic turbulence.