EU will not help Greece
The European Union has decided to not support Greece at this moment. The Eu will monitor Greek developments and has declared itself to be prepared to move in assets.
This will probably have a positive effect on the Dow together with positive Asian stock markets and a positive day in European markets also.
Popularity: 11% [?]
Dow Jones Industrial Average Sold to CME
Pressrelease from CME:
CME Group, the world’s leading and most diverse derivatives marketplace, and Dow Jones & Company today announced that they have signed a definitive agreement in which CME Group will take a 90 percent ownership interest and Dow Jones will take a 10 percent ownership interest in a new joint venture that will own the Dow Jones Indexes, which includes The Dow Jones Industrial Average and approximately 130,000 index properties. Pending approval by regulators and completion of customary closing conditions, the transaction is expected to close during the first quarter of 2010. More »
Popularity: 6% [?]
Dow stumbles on expected Bernanke statements
Checking the live stats on the Dow shows a abrubt dip as Fed Cheairman Ben Bernanke starts to point towards a tighter monetary policy. We all knew it was comeing and so far the ractions are what you might expect. Bernanke´s statement comes at a time when a lot of factors are balancing on the edge and is more a result of the testimonial request of the House Financial Services Committee than of a immediate action-plan.
Of more immediate concern is the result of the thursday European Union summit agenda on the Greek economy. On cue for the event, Greece is hit by a civil servant strike that is closing schools, grounding air traffic and more.
So, will the EU dip into their pockets to bail out Greece?… What pockets would those be?
Popularity: 5% [?]
HS Dent Stock Market forecast newsletter
Here´s a special from Dow Live: Do you believe in a growing financial crisis for 2010? If so you need to position yourself to capitalize instead of being hit.
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Popularity: 9% [?]
