10:30PM Frankfurt, 4:30PM New York, 8:30AM Sydney

North American Markets indexes

Dow Jones Industrial Average closed down 192.08 or 1.42% to a close of 13,359.61, S&P 500 edged lower 21.39 or 1.43% to 1,476.27, and Nasdaq Composite Index traded down 47.62 or 1.75% to a close of 2,676.79. In Toronto TSX Composite lost 19.27 or 1.20% to close at 13,675.57.

Of the 30 stocks in Dow Jones Industrial Average, none closed higher, 30 closed lower, and none was unchanged.

American Express led the decliners in the index with a loss of 3.4% followed by losses in Citigroup of 2.9%, in JP Morgan of 2.9%, in AIG of 2.54%, in Intel of 2.3%, and in HP of 2.2%. None of the stocks in the index closed higher.

Of the stocks in S&P 500, 26 closed higher, 474 fell, and none were unchanged.

Thirty eight stocks fell more than 3% and one stock rose more than 3%.

Freddie Mac led the gainers in the index with a rise of 4% followed by increases in Fannie Mae of 2.09%, in First Horizon of 1.9%, in Amazon.com of 1.5%, and in E*Trade of 1.4%.

SLM Corp led the decliners in the index with a loss of 11.2% followed by losses in Boston Properties of 8.6%, in Apartment Investment of 7.6%, in Circuit City of 7%, and Fifth Third Banc of 5.3%, and in KB Home of 5.2%.

South American Markets Indexes

In Latin Markets Venezuela was the lone gainer in the region with a rise of 1.4%. Mexico led the decliners in the region with a loss of 1.2% followed by losses in Brazil of 0.8%, in Argentina of 0.54%, and in Chile and Peru of 0.5%.

European Markets Indexes

In London FTSE 100 Index closed higher 18.50 or 0.29% to 6,497.80, in Paris CAC 40 Index increased 13.20 or 0.24% to close at 5,627.48, and in Frankfurt DAX index also increased 35.93 or 0.45% to close at 8,038.60. In Zurich trading, SMI increased 49.82 or 0.59% to close at 8,518.19.

Asian Markets

In Tokyo Nikkei 225 Index closed lower 88.85 or 0.57% to 15,564.69, in Hong Kong Hang Seng index closed lower 285.87 or 1.02% to 27,842.93, in Australia ASX 200 increased 27.30 or 0.43% to close 6,350.90.

In South Korea Kospi Index increased 1.90 or 0.10% to close at 1,908.62, in Thailand SET index closed higher 8.83 or 1.43% to 626.87, and in Indonesia JSE Index edged up 25.16 or 0.93% to 2,739.70. Sensex index in India gained 24.20 or 0.12% to 20,216.72.

Bond Yields increased on 10-year U.S. bonds to 4.19% and 30-year bonds to 4.61%.

Commodities, Metals, and Currencies

Crude oil rose $0.75 to close at $96.72 per barrel for a front month contract, natural gas increased 2 cents to $7.18 per mBtu, and gasoline futures increased 4.64 cents to close at 249.90 cents per gallon.

Gold edged higher $2.30 in New York trading to close at $831.80 per ounce, silver closed down 17 cents to $14.81 per ounce, and copper for front month delivery declined 3.80 cents to 313.20 per pound and in London copper futures market was closed.