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Overnight Market News – June 5, 2009

 
  • General Motors Corp Reaches Preliminary Agreement to Sell Saturn to Penske Automotive Group
  • Apple Inc Chief Executive, Steve Jobs On-Track to Return to Company as it Unveils New iPhone
  • US Unemployment Report for May to be Released at 7:30 am, Unemployment Rate Forecasted at 9.2%
  • US Regulators Dismiss Objections from JPMorgan Chase & Co, American Express Co Insisting the Companies Raise Equity before Repaying TARP Money
  • UK Manufacturing Output Prices Fall 0.3% in May, Biggest Annual Decline Since June 2002
  • Crude Oil Stands at USD 68.83 per Barrel
  • Ethanol Stands at USD 1.87 per Gallon
  • Natural Gas Stands at USD 3.83 per British Thermal Unit (Btu)
  • Dow Jones Industrial Average Rises 74.96 Points (0.86%)
  • London FTSE Index Rises 70.13 Points (1.60%)
  • Japan Nikkei Index Rises 99.05 Points (1.02%)
  • Hong Kong Hang Seng Index Rises 176.76 Points (0.96%)
  • Brazil Bovespa Index Rises 1,377.27 Points (2.64%)
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