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Friday, November 7, 2008

Dow Jones Futures 11/07/08 - Stock Market Pre Market

11/07/08 Pre Market Trading Report:

Today, November 7th, 2008, the Stock Market and Dow Jones Futures are up nicely before the key jobs report and unemployment rate number. Yesterday, the stock market was down big for the second straight day as investors positioned their portfolios for this employment report and what it might tell us. Libor Rates continued to fall this morning which is great for the credit markets. Ford ( F ) earnings were horrible but they are a lot better off with more cash then General Motors ( GM )

Futures Markets 11/07/08:

Dow Jones Futures: Up 103
Nasdaq Futures: Up 23
S&P 500 Futures: Up 10.5

Asian Markets - European Markets 11/07/08

Asian Markets tanked again last night, putting in two straight days of selling. The Nikkei 225 stock average pared its early 7 percent loss to close down 316.14 points, or 3.6 percent, to 8,583.

Hong Kong's Hang Seng index was down over 3 percent early in the session, came back to end 3.3 percent higher at 14,243.43.The FTSE 100 index of leading British shares was up 46.73 points, or 1.1 percent, at 4,319.14, while Germany's DAX was 29.31 points, or 0.6 percent, higher at 4,842.88. The CAC-40 in France was up 8.49 points, or 0.3 percent, at 3,395.74.

Pre Market Gainers 11/07/08

Fuel Systems Solutions ( FSYS ) is up big in pre market due to incredible earnings. Watch this stock today! FSYS is one of the Biggest Gainers in 2008

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