Greystone
- 21 Oct 2005 06:19
- 2 of 6
Good morning traders!
US stocks ended sharply lower last night, with the Dow posting its biggest one-day loss in nearly four months.
The Dow Jones Industrial Average reversed a triple-digit gain in the prior session, sliding 133.03 points to 10,281.10. The Nasdaq Composite fell 23.13 points to 2,068.11 and the S&P500 dropped 17.96 points to 1,177.80.
In Asia this morning, the Hang Seng Index hit the halfway stage up just over a point at 14,410.27, while the Nikkei down 36.15 points at 13,154.31 at the break.
Oil prices weakened further in morning trade with New York's main contract, light sweet crude for delivery in December, down 15 cents to $59.87 a barrel from its close of $60.02 in the US yesterday.
Early broker notes:
GREENCORE INITIATED 'UNDERPERFORM' AT GOLDMAN SACHS, FAIR VALUE 3.27
Happy trading!
G.