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Monday, November 2, 2009

Japan And Europe Tank, But US Pointing Higher

nikkeimonday528.png

Can American markets shake off last week's gloom, a plunge in Japan, and sliding European markets? They might.


After falling initially by nearly 3%, Japan's Nikkei recovered a little ground, ending only down 2.3%.


Shares across Europe are drifting lower on news that RBS (RBS) will be forced by regulators to shed more assets. That stock is down a big 7%.


But China was up big on the back of good manufacturing numbers and, surprise-surprise, US futures are actually perking higher this morning.


From Bloomberg, here's a look at where we stand with nearly 4 hours to go until the bell rings.bloombergfuturesmondaynov2.png

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Full story at http://feedproxy.google.com/~r/businessinsider/~3/4Np89UHugj4/japan-and-europe-tank-but-us-pointing-higher-2009-11

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