Dow 7224 | +53.92 | (+0.75%) | |
Nasdaq 1432 | +5.40 | (+0.38%) | |
S&P 757 | +5.81 | (+0.77%) |
FTSE 100 3754 | +41.62 | (+1.12%) | |
CAC 40 2706 | +11.38 | (+0.42%) | |
DAX 30 3954 | -2.62 | (-0.07%) |
Nikkei 225 7732 | +162.27 | (+2.14%) | |
Hang Seng 12691 | +164.86 | (+1.32%) |
Commodities
Gold (CMX) | 930.10 | (+6.10) | |
Silver (CMX) | 1,321.50 | (+27.20) |
Nifty Data
SGX Nifty - 2722 +1.5 pts
resistance at 2772 , support at 2680
News Today
* U.S. Federal Reserve Chairman Ben Bernanke said government officials were laying the groundwork for an economic revival and that a "depression" can be avoided. But he acknowledged that a full recovery will take time and that there are still obstacles. full story
* Bernanke also warns the nation’s 8.1% unemployment rate will continue to rise. Bernanke calls banks key to recovery, but worries about lack of "political will."
* OPEC left output steady as members balanced the risk of lower oil prices to their budgets against the damage higher prices could wreak on the economy.
* U.S. officials left the weekend finance ministers' summit under pressure by partner nations to fix the weak U.S. banking sector. (Statement)
* Insurer AIG to pay $450 million in bonuses to employees of the unit that was largely responsible for AIG's collapse last fall