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Overnight Market News – July 24, 2009

 
  • Microsoft Corp Sales Fall for Second Consecutive Quarter, Dropping 17% to USD 13.1B for its Fourth Quarter Behind Forecasts of USD 14.4B
  • UK Economy Shrinks by 0.8% in Second Quarter from Previous Quarter, More than Double Economists’ Forecast of a 0.3% Contraction
  • South Korea Economy Grows by 2.3% in Second Quarter from Previous Three Months, the Biggest Advance in Almost Six Years
  • Samsung Electronics Co Ltd Second Quarter Profits Jumps 5% to USD 1.81B from a Year Ago, Recording Best Net Profit in 10 Quarters
  • German Business Confidence Rises for Fourth Straight Month in July to 87.3, Up from 85.9 in June
  • Thailand’s Central Bank Lowers Outlook with Increased Gross Domestic Product (GDP) Contraction of 4.5% for 2009 from 3.5% Forecast Set in April
  • Crude Oil Stands at USD 67.42 per Barrel
  • Ethanol Stands at USD 1.68 per Gallon
  • Natural Gas Stands at USD 3.60 per British Thermal Unit (Btu)
  • Gold Stands at USD 951.70 per Troy Ounce
  • Dow Jones Industrial Average Rises 188.03 Points (2.12%)
  • London FTSE Index Rises 27.62 Points (0.61%)
  • Japan Nikkei Index Rises 151.61 Points (1.55%)
  • Hong Kong Hang Seng Index Rises 165.09 Points (0.83%)
  • Brazil Bovespa Index Rises 1,176.79 Points (2.22%)
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