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Overnight Market News – August 13, 2009

 
  • US Federal Reserve Announces Plans to Ease Bond-Buying Program as it Sees Economy “Leveling Out”
  • Euro Zone Close to Recovery as Germany and France Emerge From Recession, Each Reporting Second Quarter Growth of 0.3%
  • Wal-Mart Stores Inc Reports Flat Second Quarter Earnings of USD 0.88 per Share, Beating Estimates of USD 0.85 per Share
  • US Home Foreclosure Filings Jump 7% in July from June Despite Government Efforts to Limit Pace of Activity
  • Brewer, Anheuser-Busch InBev Posts 13% Increase in Second Quarter Profit to USD 1.1B But Warns of Weakening Beer Demand for the Remainder of the Year
  • Crude Oil Stands at USD 70.16 per Barrel
  • Ethanol Stands at USD 1.65 per Gallon
  • Natural Gas Stands at USD 3.48 per British Thermal Unit (Btu)
  • Gold Stands at USD 950.70 per Troy Ounce
  • Dow Jones Industrial Average Rises 120.16 Points (1.30%)
  • London FTSE Index Rises 50.31 Points (1.07%)
  • Japan Nikkei Index Rises 82.19 Points (0.79%)
  • Hong Kong Hang Seng Index Rises 426.06 Points (2.08%)
  • Brazil Bovespa Index Rises 827.10 Points (1.48%)
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