November 12, 2008

FTSE 100 up 52.96 at 4,299.65 (AP)

AP - Share prices on the London Stock Exchange were higher at midday Wednesday.

Original post by AP and software by Elliott Back

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November 12, 2008

Oil falls to 20-month low (Reuters)

 Oil falls to 20 month low 
    (Reuters)Reuters - Oil fell more than 2.5 percent on Wednesday to trade below $58 a barrel for the first time in 20 months as expectations of weaker energy demand more than offset news of reductions in supply.

Original post by Reuters and software by Elliott Back

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November 12, 2008

Crisis deals under pressure, economies slide (Reuters)

 Crisis deals under pressure, economies slide 
    (Reuters)Reuters - A number of deals designed to cure the global financial crisis were in danger of unraveling on Wednesday, with losses mounting at banks and economies showing further signs of serious deterioration.

Original post by Reuters and software by Elliott Back

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November 12, 2008

Stock futures point to early losses (Reuters)

 Stock futures point to early losses 
    (Reuters)Reuters - Stocks were pointing to a slightly lower open on Wednesday, adding to the previous session's sharp losses as concerns over the health of the global economy eclipsed hopes of a rescue package for the stricken auto sector. By 5:06 am EST, S&P 500 futures were down 0.01 percent, Dow Jones futures were down 0.2 percent and Nasdaq 100 futures were down 0.6 percent.

Original post by Reuters and software by Elliott Back

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