Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
RTRS: Futures point to lower open on Wall Street; AIG eyed
 
* Stock index futures pointed to a lower open for Wall Street on Monday, extending recent losses.

* At 0956 GMT, futures for the Dow Jones DJc1, S&P 500 SPc1 and Nasdaq NDc1 were between 1.4 and 1.5 percent lower. * Insurer AIG (AIG.N) set to take a $30 billion lifeline from the U.S. government in a package includes more lenient terms on an existing government investment in its preferred shares. AIG expected to post a fourth quarter loss of $60 billion on Monday, the biggest quarterly loss in history.

* American Capital (ACAS.O), Edison International EIX and Pepco Holdings POM are among other companies reporting. * Personal consumption and manufacturing PMI are among macro data due. * HSBC (HSBA.L) launched a 12.5 billion pound ($17.7 billion) rights issue to shore up its balance sheet after annual profit more than halved and as bad debts soared in the United States.

* The bank said it would close the majority of its HFC and Beneficial-branded U.S. branch network, resulting in the loss of 6,100 jobs and that, with the exception of credit cards, the U.S. divisions would write no further consumer finance business.

* U.S. stocks fell and the S&P 500 hit a 12-year closing low on Friday, after the government said it will take a large stake in Citigroup's (C.N) common shares, fanning fears it will increase its role in other major banks.
Source