Good morning traders!

In the US last night, the Dow dropped 116 points at 10,120, the Nasdaq lost 42
points at 2,179 and the S&P500 fell 13 points at 1,085.

In Asia today, the Nikkei was last down 177.65 points at 10,236.64, while the
Hang Seng ended the morning off 158.18 points at 20,198.19.

Crude oil traded at $73.95 a barrel on Nymex.

Happy Friday!

G.

KOSPI	SENSEX
NYMEX CRUDE	GOLD	VIX

looks like we may be in for another rough day, especially the miners.[based on the fact RIO down AU$3.44].
Alex

Lots of sector upgrades from Goldman though:

AAL Goldman: reiterated neutral, tp raised to 3563 from 3337
ANTO Goldman: reiterated buy, tp raised to 1373 from 1234
BARC FBR: reiterated outperform, tp cut to 395 from 470
BVS KBC: sell, tp 365
CNE Citigroup: reiterated buy, tp reiterated 420
HOC Goldman: reiterated buy, tp cut to 449 from 468
KAZ Goldman: reiterated buy, tp raised to 2022 from 1983
LGEN Numis: buy, tp 125
LMI Goldman: reiterated neutral, tp raised to 2478 from 1902
RB. HSBC: upgraded to overweight from underweight
RRS Goldman: reiterated neutral, tp raised to 6076 from 6034
SSL RBS: initiated hold
TATE UBS: upgraded to neutral from sell
VED Goldman: reiterated buy, tp raised to 3772 from 3528
XTA Goldman: neutral, tp raised to 1400 from 1324

Happy Friday he says. Let's hope so, as I could do with a bit of market bounce for a change. Too much red over the last week - can we have some blue please?
TT

Opening Market Overview

I would like to see VED at 37 instead of 24 as it is at the mo. Think Goldman got it wrong.....

Short, medium or long term, VED usually do come back.

.

End-of-day Market Overview