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Foreign Markets

Cases of the disease have sprung up around the globe, with the World Health Organization raising its alert 2 steps away from an all out pandemic. For a second day equities fell in the global marketplace as investors fear a delay in the global recovery if the Swine flu continues to infect, stalling travel, tourism and deflating global movement of goods and services. In Europe, the FTSE 100 of leading British shares was down 84.75 points, or 2 %, at 4,082.26 while Germany’s DAX fell 119.11 points, or 2.5 %, to 4,574.96. The CAC-40 in France was down 69.32 points, or 2.2 %, at 3,033.22. Asian markets plummeted overnight, with the Nikkei index closing down 232.57 points, or 2.7 %, to 8,493.77 and Hong Kong’s Hang Seng ending 285.31 points, or 1.9 %, lower at 14,555.11

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Let’s face it, we’re ALL looking for discounts. I don’t care if you’re rich, poor, hurt by the economy, or not…everyone loves a discount. And since this is a site that focuses on trading/investing, what better then to learn about how to get a discount for a stock! To help us learn the art of the discount, I’ve asked Phil Davis from PhilStockWorld.com to come and enlighten us. Enjoy the article and tell us where you’ve found great discounts!

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Foreign Markets

Stocks in China rose sharply to start the week after the country’s premier stated over the weekend that the economic situation in China is improving and better than expected. In Shanghai rose 2.1 % to 2,557.46 while Hong Kong’s Hang Seng climbed 1 % to 15,750.91. Elsewhere in Asia, Japan’s Nikkei 225 stock average gained 17.17 points, or 0.2 %, to 8,924.75 while South Korea advanced 0.6 % to 1,336.39.

In Europe, markets sold off as investors took profits after last week’s gains. Britain’s FTSE 100 was down 1.2 % to 4,044.22, Germany’s DAX fell 2.5 % to 4,561.76 and France’s CAC 40 faltered 2.1 % to 3,026.19.

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