In the US last night, the Dow tumbled 225 points at 10,927, the Nasdaq Composite lost 74 points at 2,424 and the S&P500 lost 29 points at 1,174. In Asia today, the Hang Seng ended the morning down 438.32 points at 20,324.73. Headline shares are tipped to open flat, according to financial websites, investors cautious after these sell-offs in New York and Asia on fears the Greek debt crisis will spread to other Eurozone countries. Japanese markets remain closed for a public holiday. Crude oil traded at $82.30 a barrel on Nymex. Gold settled at $1,168 an ounce.
LONDON MARKETS
UK PMI Composite and PMI Services readings are due for release at 9:30am. In the corporate diary today, interim results are due from Csr Plc (LON:CSR), Lancashire Holdings, Millennium & Copthorne Hotels (LON:MLC), Prudential (LON:PRU), Sage Group (LON:SGE) and Wolfson Microelectronics (LON:WLF).
Trading statements are expected from Antofgasta, CRH (LON:CRH), JD Wetherspoon, Legal & General Group (LON:LGEN)& , Liberty Plc (LON:LBE) International, Logica, Next (LON:NXT), Petropavlovsk (LON:POG), Playtech (LON:PTEC), Provident Financial (LON:PFG), Rathbone Brothers, Rightmove (LON:RMV) and Xstrata Plc (LON:XTA).
BAE Systems (LON:BA.) , Carillion (LON:CLLN), CRH (LON:CRH), Dairy Farm International, Dawson International (LON:DWSN), Dragon Oil (LON:DGO), Global Investment House, Hongkong Land Holding, Johnson Service Group (LON:JSG), JPMorgan American Inv Trust, Kerry Group (LON:KYGA), Logica, Millennium & Copthorne Hotels (LON:MLC)& , National Express Group (LON:NEX), Provident Financial (LON:PFG), Rathbone Brothers, Rightmove (LON:RMV) Savills (LON:SVS), Spirent Communications (LON:SPT), Wsp Group (LON:WSH), Xstrata Plc (LON:XTA). and Yamana Gold Inc (LON:YAU) host their AGMs.
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