4:00PM New York, 10:00PM Frankfurt, 8:00AM next day Sydney

North American Markets indexes

Dow Jones Industrial Average lost 306.95 or 2.48% to a close of 12,159.11, S&P 500 closed down 39.95 or 2.91% to 1,333.25, and Nasdaq Composite Index traded down 47.69 or 2.14% to a close of 2,346.90.

In Toronto TSX Composite closed down 279.22 or 2.14% to close at 12,795.64.

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

AIG led the decliners in the index with a loss of 6.3% followed by losses in Alcoa of 6%, in Merck of 5.9%, in Citigroup of 4.9%, in United Technology of 4.2%, and in General Electric of 3.9%.

Of the stocks in S&P 500, 46 closed higher, 451 fell, and 3 were unchanged.

One hundred thirty five stocks fell more than 3% and thirty stocks rose more than 3%.

Ambac Financial led the decliners for the second day in a row in the index with a plunge of 52% followed by losses in MBIA of 31.2%, in MGIC Investment of 14%, in XL Capital of 13.2%, in First Horizon of 12.85%, and in Intercontinental Exchange of 11.8%.

Cognizant Technology led the gainers in the index with a rise of 3.4% followed by increases in Marsh & McLennan of 3.2%, in Pulte Homes of 2.9%, in Johnson Controls of 2.7%, in Sun Microsystems of 2.6%, and in Boston Scientific of 2.5%.

South American Markets Indexes

In Latin Markets Colombia led the decliners in the region with a loss of 3.74% followed by decreases in Chile of 3.62%, in Brazil of 2.96%, in Argentina of 2.64%, and in Argentina of 2.64%.

European Markets

In London FTSE 100 Index closed lower 40.50 or 0.68% to 5,902.40, in Paris CAC 40 Index decreased 68.30 or 1.31% to close at 5,157.09 and in Frankfurt DAX index lower 58.04 or 0.78% to close at 7,413.53. In Zurich trading SMI declined 59.46 or 0.76% to close at 7,788.06.


Asian Markets

In Tokyo Nikkei 225 Index closed higher 278.94 or 2.07% to 13,783.45, in Hong Kong Hang Seng index increased 664.13 or 2.72% closed to 25,114.98, in Australia ASX 200 index lower 13.60 or 0.23% to close 5,796.10.

In South Korea Kospi Index increased 18.58 or 1.09% to close at 1,723.55, in Thailand SET index closed higher 17.45 or 2.26% to 791.25, and Indonesia JSE Index edged increased 56.97 or 2.20% to 2,649.28. Sensex index in India decreased 167.29 or 0.84% to 19,700.82.

Bond Yields decreased on 10-year U.S. bonds to 3.61% and 30-year bonds increased to 4.24%.

Commodities, Metals, and Currencies