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Overnight Market News – July 15, 2010

 
  • Economic Expansion in China Slows Moderately in Second Quarter to 10.3% After Credit Cuts
  • Jeffrey Immelt Announces General Electric Co’s Plan to Spend USD 20B on Technology to Increase Future Growth Prospects
  • JPMorgan Chase & Co Second-Quarter Net Profit Surges to USD 1.09 per Share from USD 0.28 per Share a Year Earlier as Loan Loss Reserves Eased
  • American International Group Inc Chairman Harvey Golub Resigns Over Dispute with Group CEO Robert Benmosche
  • BP Plc Repairs New Cap Leak in Preparation for Gulf Well Test to Entirely Stop Oil Flow
  • Agricultural Bank of China Ltd’s World Record USD 22B IPO Makes Lackluster Debut in Shangai as Investors View Shares as Overpriced
  • Crude Oil Stands at USD 77.52 per Barrel
  • Ethanol Stands at USD 1.57 per Gallon
  • Natural Gas Stands at USD 4.31 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,209.40 per Troy Ounce
  • Dow Jones Industrial Average Rises 3.70 Points (0.04%) to 10,366.72
  • London FTSE Index Falls 1.79 Points (0.03%) to 5,251.73
  • Japan Nikkei Index Falls 109.71 Points (1.12%) to 9,685.53
  • Hong Kong Hang Seng Index Falls 305.19 Points (1.48%) to 20,255.62
  • Brazil Bovespa Index Falls 206.10 Points (0.32%) to 63,479.46
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