5:30PM New York, 11:30PM Frankfurt, 3:00AM Mumbai – U.S. economic data on inflation, personal consumption and income, and construction spending offered a mixed view. Japan unemployment rose. German retail sales fell. Inflation in India declined.

Dow Jones Industrial Average fell 17.31 or 0.12% to 13,895.63, Nasdaq declined 8.09 or 0.30% to 2,709.59, and S&P 500 lost 5.96 or 0.39% to 1,531.38. In Toronto TSX Composite declined 0.22% or 30.84 to close at 14,098.89.

Dow Jones in the third quarter jumped 3.6% with Proctor & Gamble leading all stocks in the index with a rise of 15% followed by rises of 13.5% in United Tech, and 12% in IBM. Home Depot led the decliners with a loss of 18% followed by declines of 9% in Wal-Mart and Citigroup.

Nasdaq in the third quarter increased 3.8% led by 76% surge in Wynn Resorts followed by 66% gallop in Intuitive Surgical. Akamai Technologies led the decliners in the index with a loss of 41% followed by a loss of 33% in Sepracor.

S&P 500 in the third quarter surged 1.5% led by 45% increase in Juniper Network followed by 39% rise in Hilton Hotels. Tenet Healthcare led the decliners with a loss of 48% followed by 47.5% decline in Countrywide Financial.

For the year Nasdaq led with a rise of 11.9% followed increases in Dow of 11.5% and in S&P 500 of 7.7%.

In Brazil, iBovespa Index closed 1.40% lower or 587.38 to a record close of 60,465.06 and in Mexico Bolsa index fell 0.76% or 231.81 to close at 30,296.19.

In London FTSE 100 Index lost 19.60 or 0.3% to 6,466.80, in Paris CAC 40 index lost 17.68 or 0.31% to close at 5,715.69, and in Frankfurt DAX index increased 0.10% or 7.72 to close at 7,861.51. In Zurich trading SMI added 0.53% or 47.53 to close at 8,933.48.

In Tokyo stock market Nikkei 225 index down 0.28% or 46.53 to close at 16,785.69, in Hong Kong Hang Seng index closed up 0.29% or 77.32 to 27,142.47, in Australia ASX 200 closed up 0.45% or 29.70 to a record close of 6,567.80, and in India Sensex closed up 140.54 or 0.82% to a record close of 17,291.10.

Bond Yields declined on 10-year U.S. bonds to 4.579% and 30-year bond declined to close at 4.833%.

Crude oil gained $2.79 to close at $83.09 per barrel for a front month contract, up 35% for the year so far, natural gas lost 12 cents to $6.91 per mBtu, and gasoline futures increased 6.3 cents to close at 209.10 cents per gallon.

Gold increased $10.10 in New York trading to close at $750.00 per ounce, silver closed up 27 cents to $13.92 per ounce, and copper for front month delivery in London gained $80.00 to $8,066.00 per pound.

Dollar edged lower against euro to $1.4150 from $1.4125 and higher to 115.63 yen from 115.55 yen.

Of the 30 stocks in Dow Jones Industrial Average 15 closed lower, 15 closed higher, and none were unchanged. Pfizer led the decliners with a loss of 1.3% followed by 1.2% in AT&T and Merck. Caterpillar led the gainers with a rise of 1.2% followed by General Motors with 0.7%, and Disney with 0.5%.

Of the stocks in S&P 500 191 stocks closed higher, 303 fell, and 6 closed unchanged. Eight stocks gained more than 3% and six fell more than 3%. Jabil Circuit led the decliners with a loss of 6.8% followed by Big Lots with 4%, McCormick and First Horizon with 3.4%.

In Latin Markets trading Brazil led the decliners with a loss of 0.96% followed by loss of 0.76% in Mexico, and 0.20% in Argentina. Of the 63 stocks in iBovespa index 25 gained, 36 lost, and two closed unchanged. Sabesp led the decliners with a loss of 4.2% followed by a loss of 3.1% in Perdigao and 2.2% in CESP. Aracruz led the gainers with a rise of 3.2% followed by gains of 2.6% in Souza Cruz and Duratex.

2:30 AM New York - Wall Street was marginally down Friday as investors digested economic reports and worried about third-quarter earnings.

The Dow slipped 2.19, or 0.02%, to 13,910.75. Broader indexes were also little changed. S&P 500 index fell 3.32, or 0.22%.

The S&P 500 which was in record levels in mid July, tumbled by nearly 10% as credit concerns intensified in August. As the quarter closes, the S&P is higher by 1.7% for the period and is 1.5% below its mid-July record close of 1,553.08. Of the index, 198 stocks closed higher and 293 declined, 9 were unchanged.

CIENA CORP (CIEN: chart) was one of the movers after it picked up $0.49 or 1.31% to $37.92. The company recently posted its results for the July quarter ahead of the estimates and raised its guidance. The EPS estimates for 2007 and 2008 have been reduced to $1.28 to $1.48 and from $1.75 to $1.86, respectively.

Target Corp ((TGT.N)) rose $1.57 to $63.22. The company is reported to have voluntarily recalled 350,000 units of children''s toy gardening tools and chairs made in China because the surface paint contained excessive amounts of lead according to the U.S. Consumer Product Safety Commission said on Wednesday.

The recall includes Happy Giddy Gardening Tools and Sunny Patch Children''s Chairs sold at Target stores across the United States from August 2006 through August 2007, at prices between $3 and $10, according to the safety commission.

On the downside Jabil Circuit Inc. (JBL: chart) dropped $1.28 or 5.22% to $23.22. The company recorded a fiscal fourth-quarter profit of $11.7 million, or 6 cents compared to a loss of 22 cents a share. The electronics contract manufacturer said revenue rose slightly to $3.1 billion from $3 billion a year ago. Excluding one-time items, Jabil said earnings were $59.9 million, or 29 cents compared to 36 cents per share beating an estimate of 28 cents per share.

Embarq Corp (EQ: chart) fell after it was downgraded by some analyst. Embarq, fell after Morgan Stanley analyst Simon Flannery downgraded shares to “underweight” from “equal-weight.” Embarq, Flannery said, has “significant exposure” to some of the areas of the country hit hardest by the housing recession, including Florida and Nevada. Embarq fell as low as $55.37, down $2.71,or 2.96%.

Motorola Inc (MOT: chart) was also among the losers and fell $0.33 or 1.77% to $18.36. The company agreed to sell its embedded communications computing business to Emerson Electric Co. for $350 million. The acquired business will become part of St. Louis-based Emerson''s Emerson Network Power unit.

12:30 PM New York, 10:00PM Mumbai – Sensex closed to yet another high, ninth record in a row.

Sensex in Mumbai was up for the ninth day in a row. The BSE Sensex added 0.8% or 140.5 to close at17,291. Strong rollover from September 2007 futures to October 2007 futures boosted the market Friday. The CNX Nifty rose 0.4% or 20.8 at 5,021. Of the BSE shares, 1,392 fell, 1,362 gained while 58 remain unchanged.