Hello traders!

US stocks are poised to end the session much lower on a new all-time high for crude-oil prices. A profit warning from General Motors also sparked concern about the outlook for the economy and corporate earnings.

As the bell approached, the Dow Jones Industrial Average was sitting close to its low for the session, down 111 points at 10,633. Weighing heavily on the benchmark index, GM shares hit a 10-year low, down nearly 13% at $29.31.

The Nasdaq Composite fell 20 points to 2,014 while the S&P500 dropped 10 points to 1,187.

See you in the morning to pick up the pieces.... ;-)

G.

Good morning traders!

The Dow Jones Industrial Average tumbled 112.03 points to 10,633.07 last night. At one stage it fell as low as 10,612.38.

The Nasdaq Composite closed out the session at a seven-week low, dropping 19.23 points at 2,015.75 and the S&P 500 fell 9.68 points at 1,188.07.

On the New York Mercantile Exchange, April crude closed at $56.46 a barrel

In Japan this morning, the Nikkei has closed down 97.68 at 11,775.5.

See you later with UK news....

Happy trading!

G.

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Morning all.

Morning all

Brent oil price hits record 55.25 usd/barrel in London