Stock Market 10/27/08 - Dow Jones Futures - October 27th, 2008

10/27/08 Pre Market Trading Report:

Today, October 27th, 2008, the Dow Jones Futures and all stock market futures for that matter are headed much lower. The Dow Jones Futures in pre market are Down 330 points, Nasdaq Futures, Down 51 points, S&P 500 Futures, Down 40 points.

The stock market is headed for another scary open today, 10/27/08, and it all started last night in the Asian and European stock markets. The Hang Seng stock market was down 12.7% and the Nikkei tumbled another 6.4% to hit a 26 year low. Click here for Fridays Analysis

Asian Markets - European Markets
Tokyo's Nikkei 225 index closed down 6.4 percent to 7,162.90 -- the lowest since October 1982. Hong Kong's Hang Seng Index tumbled 12.7 percent to 11,015.84, its lowest close in more than four years and biggest daily decline since 1991.

European markets followed Asia lower, with benchmarks in Britain, Germany and France trading down more than 4 percent in early trading. The FTSE 100 index was 190.31 points, or 4.9 percent, lower at 3,693.05, while Germany's DAX was down 182.81 points, or 4.3 percent, at 4,112.86. France's CAC-40 was the worst performing European index, down 184.65 points, or 5.8 percent, at 3,009.14.
Oil is down $1.78 to $62.37