- Pre-Market Indications

Friday, March 14, 2008

Pre-Market: Stock Trading Before the Markets Open from CNNMoney

Pre-Market: Stock Trading Before the Markets Open from CNNMoney

FTSE 100+25.20+0.44%5,717.60
CAC 40+25.57+0.55%4,655.76
HANG SENG-64.53-0.29%22,237.11
NIKKEI 225-191.84-1.54%12,241.60

U.S. Dollar vs Euro-0.0071-0.45%1.5554

U.S. Dollar vs Yen+0.2700+0.27%0.0099

U.S. Dollar vs UK £-0.00-0.22%2.03
Open Closed

Asian markets tumbled, with Japan's Nikkei losing 1.5%. European stocks edged higher in early trading.

Oil prices retreated Friday after hitting another trading record of $111 a barrel in the previous session. Light, sweet crude for April delivery lost 50 cents to $109.83.

Gold looked to move back across the $1,000 mark after breaking through the key psychological level just a day earlier. COMEX gold rose $6 to $999.80 an ounce.

In corporate news, retailing giant Target Corp. (TGT, Fortune 500) is reportedly in talks with JPMorgan Chase (JPM, Fortune 500) about taking over half of its credit-card operations for about $4 billion, according to The Wall Street Journal.

Top executives from Microsoft Corp. (MSFT, Fortune 500) met with Yahoo! Inc. (YHOO, Fortune 500) leaders Monday to present their takeover offer and how they envisioned a combined company, the Journal reported. To top of page

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