Financials Drive Stocks Lower - U.S. Commentary []

Financials Drive Stocks Lower - U.S. Commentary []
Stocks have moved decidedly to the downside in recent trading on Monday, as fears within the credit markets outweigh any optimism generated by a strong start to the holiday shopping season.

Wall Street Tumbles On Renewed Credit Concerns - U.S. Commentary []
Wall Street experienced a broad based sell-off on Monday, as fears concerning the credit market drove financial and housing stocks to sharp losses.

Japanese Market Surges On Wall Street Rally, Weaker Yen []
Thursday, Tokyo shares were sharply higher, following the sustained rebound on Wall Street after a Federal Reserve official suggested that the central bank might cut interest rates again next month. A weaker yen boosted export oriented and high tech stocks.

Interest Rate Hopes Bolster Australia Stock Expectations []
Australia stocks look to sustain their upward momentum Friday after a rebound the day before. Shares closed higher Thursday, ending a two-day losing streak, as growing expectations of another interest rate cut in the US lured investors back into the market.

Australian Market Rebounds On Expectations Of U.S. Rate Cut []
Thursday, Sydney shares closed higher, ending a two-day losing streak. Growing expectations of another interest rate cut in the U.S. boosted investor sentiment. The benchmark S&P/ASX 200 index closed up 74.4 points or 1.2% at 6,444.5. The All Ordinaries closed 74.4 points or 1.2% higher at 6,507.2.

South Korean Market Rises On Wall Street Gains []
South Korean shares were higher in early trading on Friday after Wall Street continued to advance amid hopes for another interest rate cut. Further, investor sentiment was positive following favorable recent economic data at home. At 11:04 a.m. local time, the benchmark KOSPI index was up 31.25 points or 1.66% at 1,908.88.

South Korean Market Rises Tracking Wall Street Gains []
Seoul shares rebounded Thursday on the back of sharp gains on Wall Street. Growing hopes of another interest rate cut in the U.S. and a significant pullback in oil prices boosted investor sentiment.