Stocks and Commodities outlook for equities and corporate earnings. 8 March, 2011

Stocks and Commodities outlook for equities and corporate earnings. 8 March, 2011 : Equitiy markets rose today as takeover speculation bolstered the outlook for stock prices. Spint Nextel Corp rose 5% as talks continue to buy T-Mobile USA. Crude Oil prices failed to break through yesterdays highs allaying fears that higher commodity prices and inflation will weaken the outlook for equities and corporate earnings.

The Hang Seng Index in China rose 399 points (1.71%) leading the way for Asian equities overnight. In Europe the Euro Stoxx 50 gained by 0.5% and in the US all three benchmark indexes rose Nasdaq 0.73%, the S&P 500 0.89% and the Dow Jones Industrial Average 1.03%.

Tensions and protest accross the Middle East are leading to uncertainty in the stock markets as the unbridled optimism of late in rising stock prices has been tempered by concerns of escalating Crude Oil and commodity prices with observers concerned of further uprisings occur in oil producing nations. Any disruption in Saudi Arabia the world's largest producer would potentially catapult Crude prices higher. Read More to top commodities ... For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post: