David Waring

Bloomberg: European, Asian Stocks Fall on Economy; U.S. Index Futures Drop - Europe’s Dow Jones Stoxx 600 Index lost 2.9 percent today, the MSCI Asia Pacific Index slipped 0.1 percent and Standard & Poor’s 500 Index futures dropped 2.3% as record declines in European and Chinese manufacturing signaled the global economic slump is worsening. U.S. index futures fell.

More Top Stories:

CNNMoney: Holiday shopping off to higher start

Bloomberg: Treasuries Advance, Sending Yields to Record Lows, Amid Recession Concern

CNNMoney: Wall Street: Rocky week ahead]

Marketwatch: Record fall for China's currency

Marketwatch: Yen climbs, pound slumps after downbeat data - The dollar fell 1.7% to 93.91 yen, while the euro fell 0.2% to $1.2666, as investors hunted for safety amid downbeat economic data throughout the world.

Bloomberg: Crude Oil Falls After OPEC Delays Decision to Reduce Production - Crude oil for January delivery fell as much as $2.93, or 5.4 percent, to $51.50 a barrel in electronic trading after the Organization of Petroleum Exporting Countries deferred a decision to reduce output for another two weeks.

Marketwatch: Gold futures fall 4% in early trade - Gold for February delivery dropped $28.30 to $790.50 an ounce in electronic trading, pressured by tumbling oil prices and firmness in the U.S. dollar.

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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.