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Market Update : 
U.S. Stocks Declined, Record Highs in Asia
Author: 123jump.com Staff
123jump.com
Last Update: 6:47 PM EDT October 10 2007


U.S. stocks fell after early morning earnings warning from Valero, Chevron, and Monsanto. However, Costco jumped 10% on earnings news. Stocks fell in the early morning and recovered in the afternoon with a strength in financials, banks, and home builders. Alcoa fell after earnings and Boeing dropped on delays in 787 delivery. European markets closed fractionally higher. Asian markets closed sharply higher led by records in South Korea, Indonesia, India, Australia, and Hong Kong.

 

 

 

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