U.S. Futures, World Markets Tumble On Dems Victory

by: SA Editors

At 9:00 AM EDT:

U.S. Futures

S&P 500: -6.70; 1,382.30
NASDAQ: -12.75; 1,739.00
Dow: -46.00; 12,142.00

International Indexes

Asia
NIKKEI 225: -1.08%; 16,215.74 (-177.67)
HANG SENG: -0.68%; 18,811.24 (-128.07)
S&P/ASX 200: -0.59%; 5,459.20 (-32.40)
BSE SENSEX 30: -0.64%; 13,072.51 (-84.15)

Europe
FTSE 100: -0.36%; 6,221.70 (-22.30)
CAC 40: -0.35%; 5,418.50 (-19.28)
XETRA-DAX: -0.44%; 6,334.20 (-27.76)

Commodity Futures (Reuters/Jefferies CRB)

Oil: +0.46%; $59.20 (+$0.27)
Gold: -0.83%; $622.50 (-$5.20)
Natural Gas: +1.65%; $7.88 (+$0.13)
Silver: -0.63%; $12.595 (-$0.08)

Asian Headlines (via Bloomberg.com)

China Trade Surplus Soars to Record $23.8 Billion as Import Growth Slows

Telefonica May Buy 8 Percent of PCCW, Establish Venture With China Network

Singapore Telecom Reports Better-Than-Expected Profit on Subscriber Gains

Asian Stocks Drop From Six-Month High; Astellas Pharma, CSR Fall on Profit

Bank of Communications Plans to Sell $2.5 Billion of Shares, Bankers Say

European Headlines (via Bloomberg.com)

EADS Unexpectedly Reports First Loss in Three Years on Late A380 Delivery

Scottish Power Gets Takeover Approach From Unspecified Suitor; Shares Jump

E.ON Posts Unexpected Loss After Drop in Grid Revenue, Gas-Network Charge

European Stocks Slide, Led by Glaxo, Alcatel, on U.S. Election; Axa Falls

Total Profit Drops 34 Percent as Nigeria Violence Cuts Oil Production

U.S. Headlines (via Bloomberg.com) donkey

Treasuries Gain as Democrats Win Control of House; Stocks, Dollar Decline

Democrats Win U.S. House, Move Closer to Senate Control in Rebuke to Bush

Baldor Electric to Buy Rockwell Unit for $1.8 Billion

California Voters Approve $43 Billion of Bonds for Transportation, Schools

Barr Pharmaceuticals Profit Falls 37 Percent on Costs for Pliva Purchase

Jefferies, Wachovia Each Cut at Least 25 Percent of NYSE Staff, People Say

Cablevision Loss Shrinks as Company Added Telephone-Service Subscribers