David Waring

Bloomberg: Stocks in Europe, Asia Fall; MSCI World Index Drops for 5th Day - The MSCI World Index fell 1.7 percent to 887.14 at 12:57 p.m. in London, Europe’s Dow Jones Stoxx 600 Index sank 2.5 percent, and Standard & Poor’s 500 Index futures slipped 0.7 percent as oil prices dragged down commodity producers and Alcoa Inc. said demand for aluminum may weaken.

More Top Stories:

Bloomberg: Bernanke Says Stimulus May Be Inadequate, Signals Asset Buying, Guarantees

Bloomberg: Obama Will Limit Dividends, Executive Pay for Banks Getting Rescue Funds

CNNMoney: Trade gap shrinks sharply

CNNMoney: The case for a quick economic recovery

Marketwatch: Dollar and yen rise as global equities slide - The dollar index traded at 83.536, up from 83.105 in late North American trading on Monday as falling global equity markets translated into gains for the Japanese yen and the U.S. dollar.

CNNMoney: Oil nears $36 a barrel - U.S. light crude for February delivery fell 84 cents to $36.75 a barrel, as further signs the world economy was slowing sharply dampened demand expectations.

Marketwatch: Gold extends losses on stronger dollar - Gold for February delivery was last down $2.50, or 0.3%, at $818.50 an ounce, as a stronger U.S. dollar reduced the metal's appeal as an investment alternative.

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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.