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Overnight Market News – January 26, 2010

 
  • UK Exits Recession with Fourth-Quarter Economic Growth of 0.1% Year-Over-Year, But Falls Short of Analysts’ Forecast for 0.4% Expansion
  • Apple Inc Posts Fiscal First-Quarter Profit of USD 3.67 per Share, Crushing Analysts’ Estimates of USD 3.50 per Share on Record Sales of iPhones and Mac Computers
  • US President Obama to Propose Three-Year Freeze on a Portion of Domestic Spending in Effort to Save USD 250B by 2020
  • Bank of China Ltd and Other Chinese Banks Begin to Restrict Lending While China’s Central Bank Implements Planned Increase in Required Reserves
  • Biotechnology Firm, Amgen Inc Posts Slight Rise in Fourth-Quarter Profit to USD 931mm from USD 925mm a Year Ago as Sales of its Flagship Anemia Drug Continue to Decline
  • Crude Oil Stands at USD 74.53 per Barrel
  • Ethanol Stands at USD 1.81 per Gallon
  • Natural Gas Stands at USD 5.61 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,095.30 per Troy Ounce
  • Dow Jones Industrial Average Rises 23.88 Points (0.23%)
  • London FTSE Index Falls 28.12 Points (-0.53%)
  • Japan Nikkei Index Falls 187.41 Points (-1.78%)
  • Hong Kong Hang Seng Index Falls 489.22 Points (-2.38%)
  • Brazil Bovespa Index Falls 50.10 Points (-0.08%)
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