Monday, October 27, 2008

Morning News

Futures are pointing to a lower open

In Japan the Nikkei 225 closed down 6.4%

In Hong Kong the Hang Seng closed down 12.7%

European markets are trading down 4-6% early on

New Home Sales for Sept reported today

3 Regional banks get 9.5 Billion from Treasury

Oil Sinks to 17-month low

OPEC may decrease production further

Crude Oil is $62.50 per barrel

Gold is $722.70 per ounce

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