Stock Market Nerws Before The Opening January-12 2009

Stock futures flat ahead of Alcoa report
Proves false prediction. Actually it dropped.
Wall Street appears headed for flat opening as investors await earnings report from Alcoa
Oil falls below $39 as investors look to US earnings for clues on crude demand
J.P. Morgan expects biotechnology executives to express optimism about their companies' prospects in 2009 during presentations at the bank's 27th annual health care conference in San Francisco. Companies attending the conference include Amgen Inc., Genentech Inc. and Biogen Idec Inc.
Market Recap

Stocks are down sharply as investors liquidate holdings across the board. The Dow Industrials are down -1.22% to 8,494. Things are more stable in the bond market, with the benchmark 10-year Treasury Bond higher, its yield dropping to 2.35%. The Energy and Materials sectors are the biggest laggards, down -3.52% and -3.47% respectively.


http://www.djindexes.com/

Comments

Popular posts from this blog

Kosovo Mufti Naim Ternava 218 Mosques Were Destroyed By The Serbs in Kosovo