Dow Jones Futures 11/12/08 - Stock Market Futures

11/12/08 Pre Market Trading Report:

Today, November 12th, 2008, the Stock Market and Dow Jones Futures are down slightly after Asian and European markets traded lower. Libor Rates have continued to retreat and Oil prices dipped below $59 to $58.50. Key stocks to watch for a stock market bounce are General Motors ( GM ) and Goldman Sachs ( GS ). If these two stocks can start to bounce, so will the stock market. General Motors is bidding $3.40 this morning which would be 16% higher from yesterdays close. The Futures were higher but Best Buy just warned on same store sales for the rest of 2008.

Futures Markets 11/12/08:

Dow Jones Futures: Down 80
Nasdaq Futures: Down 14
S&P 500 Futures: Down 9

Asian Markets - European Markets 11/12/08

Japan's Nikkei was down 1.3 percent at 8695.51 and Hong Kong's Hang Seng closed 0.7 percent lower at 13,939.09. The FTSE 100 was 0.2 percent lower at 4238.34 points, while Germany's DAX was down 0.1 percent at 4755.42. In France, the CAC 40 was flat at 3338.73.

Biggest Gainers - Pre Market - November 12th, 2008

General Motors ( GM ) $3.40 up 16.44%

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http://daytradingstockblog.blogspot.com/