Overnight Market News – September 1, 2009
- China’s Purchasing Managers’ Index (PMI) Rises to 16-month HI of 54.0 in August from July’s 53.3 as Manufacturing Expanded on Increased Lending
- Bank of America Corp Offers to Repay Portion of USD 20B in Government Aid Related to Merrill Lynch & Co Acquisition
- PetroChina Co to Pay USD 1.7B for 60% Stake in Athabasca Oil Sands Corp’s Canadian Project
- German Unemployment Unexpectedly Fell in August by 1k to 3.46mm Helped by Government Stimulus Efforts
- Sony Corp Agrees to Sell 90% of its Largest North American TV Plant to Taiwan’s Hon Hai Precision Industry Co in Bid to Revive Profitability
- Crude Oil Stands at USD 69.96 per Barrel
- Ethanol Stands at USD 1.67 per Gallon
- Natural Gas Stands at USD 2.98 per British Thermal Unit (Btu)
- Gold Stands at USD 951.70 per Troy Ounce Ounce
- Dow Jones Industrial Average Jones Industrial Average Falls 47.92 Points (-0.5%)
- London FTSE Index Falls 58.36 Points (-1.19%)
- Japan Nikkei Index Nikkei Index Rises 37.53 Points (0.36%)
- Hong Kong Hang Seng Index Hang Seng Index Rises 148.11 Points (0.75%)
- Brazil Bovespa Index Falls 1,211.59 Points (-2.1%)
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