American market
last trading session US market closed very week
Dow Jones down near 210 points
Nasdaq down 52 points
Dow Jones closed below 11,000 level
Reason
"Goldman Sachs Armed Salespeople to Dump Assets, E-mails Show "
U.S. Stocks to Fall as Chronic Unemployment Reaches Record: Chart of Day
The Standard & Poor’s 500 Index is poised to fall as chronic unemployment rises to a record among jobless Americans
European market
Greece's Junk Contagion Pressures EU to Broaden Bailout After Market Rout
Europe’s worsening debt crisis is intensifying pressure on policy makers to widen a bailout package beyond Greece after a cut in the nation’s rating to junk drove up borrowing costs from Italy to Portugal and Ireland.
Greek banks, the worst performing shares on European banking index this year, may face further declines after Standard & Poor’s cut their credit ratings to junk on concern over Greece’s funding crisis.
All European market closed more then 3 % down
Asian Market
This Morning Asian market open in deep red
follow Global market's
Nikkei down 2 %
Indian market
Indian market will open more then 1 % down
nifty will open near 5250 level
some buying expected at 5200 level
But this is the worst day for global share market
Commodity
I already told many times commodity run very fast and very expensive this time
so yesterday a big correction in commodity came
but still few commodities are expensive
lead aluminium zinc are now Little bit good level for buying
but still copper crude Nickel silver are expensive wait for more correction in these commodities
