Sunday, August 16, 2009

Stock Market

Asian Shares Down; Metals Stks Weak, Shanghai Dn 2.8% h
SINGAPORE (Dow Jones)%26ndash;Asian Stock Markets were lower Monday, weighed by losses on Wall Street and weak U.S. consumer sentiment data Friday as well as weakness in the Shanghai Stock Market. In Australia, Fortescue Metals was higher after it struck a deal with China for iron ore prices. Japan's Nikkei 225 was 2.5% lower, Australia's S%26P/ASX 200 was down 1.2%, South Korea's Kospi Composite was down 1.5% and Hong Kong's Hang Seng index was 2.9% lower. The Dow Jones Industrial Average futures


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