This week, not unlike weeks prior, will be primarily about what kind of news comes out of the U.S. The good news is that major financial players have finished announcing earnings. The bad news is subprime-related problems were much bigger than anyone believed, or at least was willing to acknowledge. The question is for how [...]
Archive | October 22, 2007
Subprime Spooks Japan, Nikkei -1.7% Below 17,000 Again, TOPIX Below 1,600
Japan market summary for Friday (Oct. 19) Nikkei 225 Stock Average: -291.72 (-1.7%) to 16,814.37; lowest close in a month Nikkei 225 futures Osaka: -300 (-1.75%) to 16,820, Singapore (SGX) -310 (-1.8%) to 16,790, Chicago (CME) *10/18 -40 (-0.2%) to 16,995 TOPIX: -26.47 (-1.6%) to 1,591.28; Advancers 243 x decliners 1,431 (unch. 51), New highs [...]
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