This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Deal: European, Asian Stocks Trade Cautiously

LONDON ( The Deal) -- The U.S. government shutdown has been keeping most Asian and European markets in cautious mode again Thursday.

But it wasn't only thing on the minds of investors in Hong Kong overnight. Shares there were up sharply, because of some good figures out of the big casinos in neighboring Macau, and high hopes for consumer spending by mainland Chinese visitors during the country's week-long National Day Holiday this week. The Hang Seng closed up 1% at 23,214.4.

Milan was up again in early trading too, after the Italian government there survived a confidence motion and opposition leader Silvio Berlusconi's authority was further diminished by dissent in his party. And in London, oil major BP (BP - Get Report) helped drag the market up as investors took in the news of a New Orleans court ruling limiting its liability to compensate businesses for the 2010 Deepwater Horizon Gulf oil spill.

On the M&A front: Italian bank UniCredit has made a preliminary offer for Poland's BGZ Bank, which Polish media said could be worth $1 billion. And Goldman Sachs (GS - Get Report) and two Danish pension funds are investing about $2 billion in Danish state-owned power utility Dong Energy.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BP $29.02 4.99%
GS $146.13 3.87%
AAPL $93.99 0.31%
FB $102.01 0.10%
GOOG $682.40 -0.10%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs