Crude Oil Inventories Down 111k Barrels
Q1 Productivity: Actual -0.9% vs Revised Estimates of -0.5%
Unit Labor costs + 1.3% vs last estimates of 2.0%
Comments »Global Markets and U.S. Futures Enjoy a Relief Rally Hoping for World Bank Bazooka Measures
iBankCoin Surpassed 50,000,000 Page Views Since Launch Today
FLASH: S&P FUTURES ARE +10
FLASH: The Nikkei Gaps Up 0.54%
Who Needs Enemies With Friends Like Margin Stanley? $MS, $FB
Facebook: CNBC reporting that MS is now lending out FB shares to sell short
Comments »The Top 5 Most Heavily Shorted Stocks on the S&P
Europe Heads Into the Close High on Hopium
European markets are managing to have faith in the hopium of the G-7 conference call.
Comments »ISM Non Manufacturing Index: Prior 53.5, Market Expects 53.2, Actual 53.7
FLASH: French Stocks Rise More Than 1%
World Markets Do the Dead Cat Bounce While U.S. Futures Flip Flop Around the Unch Line
FLASH: Australia to the Rescue: All Ordinaries Sharply Higher in Early Trade
Australia +1.4%
Japan +.36%
Korea +.8%
Hopium in Wide Supply Today as Markets Did Not Crash
The markets managed to hold their ground today as rumors swirled of a plan to create a master plan. An ECB official did give hope when he stated the ECB is considering direct bank recapitalization. Also the markets may be waiting to see what the clam says on Thursday.
DOW down 17
S&P up .13
NASDAQ up 19
Gold down $0.70
the 10 year sits @ 1.49%
Oil up $0.95
[youtube://http://www.youtube.com/watch?v=U7fCsEER7t8&feature=relmfu 450 300] [youtube://http://www.youtube.com/watch?v=KplIDqkVhOg 450 300] Comments »Market Update
Asia Remains in the Red While Europe and U.S. Futures Make a Huge Paring of Losses
FLASH: US/European Futures Moderate, But Still Sharply Lower
FLASH: Asian Stocks Continue to Slide
Asian stocks slid on Monday as disappointing U.S. jobs data added to concerns over a slowing Chinese economy and a deepening euro zone debt crisis.
The flight from risk also weighed on bonds, with the benchmark Japanese government bond yield dropping to a nine-year low. The 10-year JGB yield fell 2 basis points to 0.790 percent, its lowest level since July 2003.
The FTSE CNBC Asia 100 Index [.FTFCNBCA 5583.19 -75.04 (-1.33%)], which measures markets across Asia, slipped 0.6 percent.
Japan’s Nikkei average [.N225 8262.82 -177.43 (-2.1%)] shed 1.9 percent at the open to 8,278.65, while the broader Topix shed 1.9 percent to 695.67.
Nomura shares tumbled 4 percent after it replaced the head of institutional sales at its core securities unit, following an escalating investigation by regulators into its suspected role in insider trading.
Nintendo fell 1.5 percent despite it announcing its much anticipated successor to its Wii games console, the Wii U, will come with an online social network, dubbed Miiverse, to connect gamers.
Seoul shares tanked 2.8 percent at the open, down for a fourth straight session after weaker-than-expected U.S. jobs data aggravated fears of a global economic slowdown.
The Korea Composite Stock Price Index (KOSPI) [.KS11 1792.12 -42.39 (-2.31%) ] fell 51.67 points to 1,783.5 points.
READ THE REST HERE AT CNBC.COM
Comments »TWO IMPORTANT RESOURCES FOR #MARKETS IN TURMOIL
On the top of the iBankCoin.com home page, you will find a continuously updated stream of useful quotes.
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