Market news
18.10.2011, 13:21

Before the bell: S&P futures -0.2%, Nasdaq futures +0.2%

U.S. and European markets closed heavily down yesterday and Asian markets are off this morning as investors grow increasingly wary about Europe's debt crisis.

U.S. stock-index futures erased losses as financial companies climbed after Bank of America Corp. (BAC) swung to a third-quarter profit.

China's Q3 GDP rose 9.1% Y/Y, shy of expectations for 9.3%, and down from 9.5% in Q2.
The world's major stock indexes are traded or have already closed the session lower: Nikkei  -1.55%, Hang Seng  -4.23%, Shanghai Composite  -2.33%, FTSE  -1.20%, CAC  -1.66%,  DAX -0.44%.

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