Australian Shares Eye Sharp Wall Street Losses While Shrugging Off Interest Rate Hike []
Australia's booming economy, led by mining stocks and higher commodity prices, are poised for another move to higher ground on Thursday, but may be chilled by sharp losses on Wall Street.
Tech Leads The Markets Downward - U.S. Commentary []
Technology stocks are turning in poor performances on Thursday, injecting downward pressure into the markets and driving the tech-heavy Nasdaq to a considerable loss.
Japan Stocks Poised For Lower Open On Wall Street Tumble []
Steep declines on Wall Street and the effects of a strengthening yen have Tokyo shares poised for a lower opening on Thursday.
Dow Drops Into Negative Territory - U.S. Commentary []
The markets are mixed on Tuesday, as technology stocks decline after Sun Microsystems (JAVA) released disappointing results and financials turned to the downside after seeing strength in early trading.
Dow Drops More Than 100 Points Led By Financials - U.S. Commentary []
Wall Street continues to trade lower on Monday, largely due to a bleak outlook from Citigroup (C), which has depressed financial stocks.
General Motors, Dollar, And Financials Push Dow To 360 Point Loss - U.S. Commentary []
Stocks plunged on Wednesday, as a broad based sell-off ensued after General Motors (GM) posted a record quarterly loss, the dollar slumped to further lows against the euro, and negative news continued to leak out of the financial markets.
Japanese Stocks Close Lower On Stronger Yen []
Wednesday, after opening on a firm note tracking overnight rally on Wall Street, Tokyo shares saw some weakness in afternoon trade on the yen's steep gains against the dollar.
All Eyes On Citigroup - U.S. Commentary []
Wall Street is headed for a weak opening on Monday, as investors are once again concerned about the credit markets after Citigroup (C) issued a stark warning.
Stocks Look To Bounce Back Tuesday Despite Revival Of Credit Market Fears - US Commentary []
US stocks were poised for a modest rebound Tuesday morning one after Citigroup (C) issued a bleak outlook, spooking investors and reviving concerns about lending markets.
Stocks Open With Sharp Losses - U.S. Commentary []
Stocks are down sharply at the opening on Monday, largely on worries within the credit markets after Citigroup (C) warned of additional write-downs of $8 to $11 billion.
Thursday, November 08, 2007
Australian Shares Eye Sharp Wall Street Losses While Shrugging Off Interest Rate Hike []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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