Overnight Market News – May 21, 2009
- Standard & Poor’s Downgrades UK’s Rating Outlook to Negative from Stable on Concerns of Growing Debt Burden
- GMAC Llc to Receive Over USD 7B in US Government Aid for Auto Financing
- Fifth Third Bancorp Plans USD 750mm Stock Offer to Plug Capital Shortfall
- Computer-Maker, Lenovo Group Ltd Reports Record Fourth Quarter Net Loss of USD 264mm vs Net Profit of USD 140mm yoy
- Taiwan’s Economy Contracts by Record 10.24% in Q01 2009 (yoy) on Declining Exports
- Singapore’s First Quarter GDP Plummets by an Annualized 14.6%, Smaller-Than-Expected
- Crude Oil Stands at USD 62.04 per Barrel
- Ethanol Stands at USD 1.82 per Gallon
- Natural Gas Stands at USD 3.97 per British Thermal Unit (Btu)
- Dow Jones Industrial Averages Falls 52.81 Points (-0.62%)
- London FTSE Index Falls 105.49 Points (-2.36%)
- Japan Nikkei Index Falls 80.49 Points (-0.86%)
- Hong Kong Hang Seng Index Falls 276.35 Points (-1.58%)
- Brazil Bovespa Index Falls 101.52 Points (-0.20%)
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