MarketS DailY - Mar 26

US Markets
Dow 7750+89.60 (+1.17%)
Nasdaq 1529+12.43 (+0.82%)
S&P 814+7.64 (+0.95%)

Europe

FTSE 100 3900-11.21 (-0.29%)
CAC 40 2893+19.06 (+0.66%)
DAX 30 4223+35.93 (+0.86%)

Asia at 9 30 AM
Nikkei 225 8542+62.12 (+0.73%)
Hang Seng 13904+282.24 (+2.07%)

Commodities
Light Crude (NYM) 52.77 (-1.21)
Gold (CMX) 938.00 (+12.00)

SGX Nifty 3005 +12.5 pts

News Today

* Czech Prime Minister Mirek Topolanek shocked the normally civil European Parliament on Wednesday by warning that Washington's plans to fight the global economic crisis are "the way to hell.

* Data from the department had sales of US new homes rebounding by 4.7% last month after falling to a record low in January.

* Apax Partners, L&T, Tech Mahindra, Spice Group and IBM are among the ones to have qualified as potential suitors for Satyam

* British prime minister says in interview with Wall Street Journal Managing Editor Robert Thomson that protectionism poses key threat to rebound, downplays public scolding over spending from Bank of England chief King.

* In a glimmer of surprisingly upbeat economic data, US manufacturing orders for goods like metals, machines and military equipment rose last month for the first time after six months of declines, the government reported on Wednesday.The Commerce Department reported that orders for durable goods rose 3.4 percent in February after a downwardly revised 7.3 percent decline in January.



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