Can't really see why the futures are taking such a bad hit considering most Co's seem to be coming back into profit from loss and posting better than estimated figures. The only thing of consequence in the US tonight is the Fed Beige book at 2pm their time, and somehow I think the Fed will manage to present this in good light irrespective of the real situation. Looking back at the DJIA when it broke 9000 in July their was a lot of worry it was going to plumment then, but after 4 days holding above 9000 it powered on. As the DJIA is now on its 4th day over 10000, even though I may be a bit late putting this in, I say +78.
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25,629 |
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