[R]4:30PM New York, 10:30PM Frankfurt, 8:30AM Sydney[/R]

[R]Global Markets Indexes[/R]

Dow Jones Industrial Average closed down 25.20 or 0.19% to a close of 13,207.27, S&P 500 edged lower 0.14% or 1.98 to 1,453.00, and Nasdaq Composite Index traded up 4.98 or 0.2% to a close of 2,601.01. In Toronto TSX Composite gained 31.75 or 0.24% to close at 13,389.82.

Of the 30 stocks in Dow Jones Industrial Average, 13 closed higher, 17 closed lower, and none were unchanged.

Disney led the decliners in the index with a loss of 2.27% followed by losses in McDonalds of 1.52%, in du Pont of 1.39%, in AT&T of 1.28%, and in 3M Company of 1.12%. Altria led the gainers in the index with a rise of 1.15% followed by increases in Intel of 1.04%, in IBM of 1.02%, and in Coca Cola of 1.00%.

Of the stocks in S&P 500, 213 closed higher, 284 fell, and 3 were unchanged.

Eighteen stocks fell more than 3% and sixteen stocks rose more than 3%.

VF Corp led the gainers in the index with a rise of 7.73% followed by increases in C.R. Bard of 7.01%, in Juniper Networks of 4.78%, in Intercontinental of 4.5%, in Jabil Circuit of 4.3%, and in Morgan Stanley of 4.2%. Darden Restaurants led the decliners in the index with a loss of 21.3% followed by losses in SLM Corp of 20.7%, in Celgene Corp of 5.1%, in First Horizon of 5.1%, and in CIT Group of 4%.

In London FTSE 100 Index up 5.20 or 0.14% to 6,297.00, in Paris CAC 40 Index decreased 11.95 or 0.22% to close at 5,497.42, and in Frankfurt DAX index also decreased 13.42 or 0.17% to close at 7,837.32. In Zurich trading SMI closed down 72.11 or 0.85% to close at 8,394.96.

In Tokyo Nikkei 225 Index decline 177.35 or 1.17% to close down at 15,030.51, in Hong Kong Hang Seng index closed up 296.39 or 1.11% to 27,029.26, in Australia ASX 200 closed lower by 11.80 or 0.19% to close 6,280.80.

In South Korea Kospi Index increased 21.65 or 1.18% to close at 1,861.47, Thailand closed down 8.92 or 1.10% to 804.98, and Indonesia edged up by 11.75 or 0.44% to 2,657.98. India increased by 12.32 or 0.06% to 19,091.96.

In Latin Markets Peru led the gainers with a rise of 1.9% followed by increases in Brazil of 1.02%, in Colombia of 0.93%, in Chile of 0.3%, and in Argentina of 0.21%. Mexico lost 0.6%.

Bond Yields decreased on 10-year U.S. bonds to 4.03% and 30-year bonds declined to 4.45%.

[R]Commodities, Metals, and Currencies[/R]

Crude oil rose $1.21 to close at $91.29 per barrel for a front month contract, natural gas increased 3 cents to $7.17 per mBtu, and gasoline futures increased 2.97 cents to close at 233.40 cents per gallon.

Gold edged lower $2.00 in New York trading to close at $805.40 per ounce, silver closed up 6 cents to $14.22 per ounce, and copper for front month delivery gained 7.35 cents to 295.80 per pound and in London futures fell $2.25 to $6,348.25.

Dollar edged higher against euro to $1.4378 and higher to 113.4080 yen.


[R]12:00PM New York – U.S. stocks turned negative after opening higher.[/R]

Market averages opened higher in the face of weaker than expected earnings from Morgan Stanley and Palm. Stock market appears to welcome the decision by a sovereign fund controlled by China to invest $5 billion in Morgan Stanley.

Dow Jones Industrial Average lost 35.20 to 13,195.45, Nasdaq added 0.89 to 2,596.54, and S&P 500 decreased 2.68 to 1,452.30.