CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. Long 9811

     
    #17661     Mar 16, 2011
  2. BCE

    BCE

    #17662     Mar 16, 2011
  3. EON Kid

    EON Kid

    03/16/2011 11:26 DJ EU Energy Chief: Possible Catastrophic Events In Next Hours
     
    #17663     Mar 16, 2011
  4. BCE

    BCE

    March 16, 2011, 11:11 a.m. EDT
    Stocks drop sharply on EU energy comments

    SAN FRANCISCO (MarketWatch) -- U.S. stocks made a swift, deep retreat in midmorning trading Wednesday following reports of remarks from a European Union energy official on Japan's nuclear disaster. The Dow Jones Industrial Average (DOW-DJIA) was off 142 points at 11,714, skidding from a 39-point deficit. The S&P 500 (CME:INDEX:SPX) lost 14 points, or 1%, to 1,269. The Nasdaq Composite (NASDAQ:COMP) was off 22 points, or 0.8%, at 2,647.
     
    #17664     Mar 16, 2011

  5. Bears!

    <iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/fZGjQ_t6BZQ" frameborder="0" allowfullscreen></iframe>
     
    #17665     Mar 16, 2011
  6. BCE

    BCE

    #17666     Mar 16, 2011
  7. BCE

    BCE

    #17667     Mar 16, 2011
  8. EON Kid

    EON Kid

    03/16/2011 11:47 *DJ IAEA Head:Situation At Fukushima Plant Very Serious
     
    #17668     Mar 16, 2011
  9. BCE

    BCE

    #17669     Mar 16, 2011
  10. BCE

    BCE

    EU energy chief: Japan situation out of control
    Financial markets skid as official warns of ‘catastrophic events’


    By William L. Watts, MarketWatch

    LONDON (MarketWatch) — Catastrophic events could unfold in the next few hours at Japan’s damaged nuclear site, the European Union’s top energy official said Wednesday, sending U.S. stocks lower and roiling financial markets.

    “The site is effectively out of control,” Energy Commissioner Guenther Oettinger told a European Parliament committee, according to news reports. “In coming hours there could be further catastrophic events which could pose a threat to the lives of people on the island.”

    A spokeswoman for the commissioner couldn’t immediately comment.

    U.S. and European stock markets extended losses following the remarks.

    The U.S. dollar and the Japanese yen, which have both been boosted by safe-haven flows amid the nuclear crisis, extended gains.

    The dollar index (BOARD-DXY) , which tracks a basket of six major rivals, traded at 76.673, a gain of 0.5% on the day.
     
    #17670     Mar 16, 2011