General Motors, Dollar, And Financials Push Dow To 360 Point Loss - U.S. Commentary []

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.

Technology Expected To Drive Markets On Tuesday - U.S. Commentary []
Wall Street is headed for a higher opening on Tuesday, as financials take a backseat to strength in the technology and material sectors.

Singapore Shares Trading In Negative Territory []
Singapore's benchmark Strait Times index was down 81.26 points or 2.2% to 3593.89 on Friday from yesterday's closing of 3673.01.

Credit Worries Continue To Plague Markets - U.S. Commentary []
Bears continue to control Wall Street on Friday, as financial and tech stocks drive the markets to considerable losses for a second consecutive day.

Markets Sink On Dollar And Oil Woes - U.S. Commentary []
Stocks continue to decline on Wednesday, as oil marches higher and the dollar slumps on statements from a Chinese official.

Wachovia Notes Trade Data Could Signal Upward Revision To GDP []
Adam York from Wachovia commented on Friday that the U.S. trade deficit narrowed to $56.5B in September from a positively-revised $56.8B in August. The real trade balance was relatively unchanged month over month. Combined with the BEA assumption of a significant widening in the preliminary release of 3rd quarter GDP, York suggested, this indicates a potential upward GDP revision to over four percent.

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.

Tech Leads Markets To Significant Declines - U.S. Commentary []
Friday was another rough trading day on Wall Street, as technology stocks continued to depress the markets following negative comments from Qualcomm (QCOMM).

PNC States Improving Balance Of Trade Has Been A Bright Spot For Economy []
Stuart Hoffman and Robert Dye from PNC remarked on Friday that the improving balance of trade has been a bright spot for the economy as downside risks to economic growth accumulate.

Stocks Fall On Bernanke Comments And Technology Weakness - U.S. Commentary []
Stocks continue to move lower on Thursday following a disappointing sales forecast from Cisco (CSCO) and comments from Federal Reserve Chairman Ben Bernanke.