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Overnight Market News – July 2, 2009

 
  • US Labor Department Report Expected to Show that June Unemployment Spiked to a 26-Year HI of 9.6% from 9.4% in May
  • Euro Zone Unemployment Reaches 10-Year HI of 9.5% in May from April’s 9.3%
  • China to Fund Railway Expansion Through IPO Worth Up to USD 5B
  • Australia’s Trade Gap Widens to a Seasonally Adjusted AUD 556mm in May from April’s Revised AUD 282mm on Fall in Exports
  • Lear Corp to File for Bankruptcy Protection After Reaching Tentative Agreement with Lenders
  • Chinalco Purchases USD 1.5B Rio Tinto Plc Shares in Rights Offer, Maintains 9.3% Stake
  • Crude Oil Stands at USD 69.31 per Barrel
  • Ethanol Stands at USD 1.66 per Gallon
  • Natural Gas Stands at USD 3.80 per British Thermal Unit (Btu)
  • Gold Stands at USD 941.00 per Troy Ounce
  • Dow Jones Industrial Average Rises 57.06 Points (0.68%)
  • London FTSE Index Falls 25.96 Points (-0.60%)
  • Japan Nikkei Index Falls 63.78 Points (-0.64%)
  • Hong Kong Hang Seng Index Falls 200.68 Points (-1.09%)
  • Brazil Bovespa Index Rises 78.32 Points (0.15%)
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