Market Today

Market all around the world found red today after China announced possible tightening measures with stronger than expected GDP figures.
Starting with UK, London shares stayed in the red yesterday as weakness in the mining sector persisted. The blue-chip FTSE 100 closed 48 points lower, at 6,449, and the broader indices were also weaker (with the exception of the FTSE Small Caps). Miners BHP Billiton and Vedanta were amongst the day's biggest fallers, whilst defensive play Associated British Foods topped the risers.
On the Continent, the Paris CAC-40 closed down 22 points at 5,835 as investors took profits, whilst the Frankfurt DAX-30 was down 66 points, at 7,282.
Across the Atlantic, the Dow Jones closed at a new record high of 12,803 - a 30-point gain - as JP Morgan Chase and Intel reported positive earnings. The S&P 500 rose 1 point to end the day at 1,472. However, Yahoo dragged the tech-heavy Nasdaq down to a close of 2,510, a 6-point fall.
In Asia, a stronger yen hit exporters and saw the Nikkei 225 index plunge 295 points lower to a close of 17,372 today. In Hong Kong, the Hang Seng closed 479 points lower, at 20,308. STI also see red as it give up 109 points to close at 3,291. Malaysia ended 22 points down at 1306, while the Korean counters drop 20.0 to 1,513. Taiwan also ended in the negative at 7,888 after surrendering 114.7 points.
More importantly, the Shanghai Composite shed 163 points to end at 3,449 (4.52% down). It is the biggest drop in Asia for the day, considering the second biggest loser, the STI, at 3,2% down.
Crude oil had fallen to $62.74 this morning, and Brent spot was down to $65.40.
However not all is bad news. Spot gold rose as high as $691.50 in Asia trading, but found trading in a range between $682 to $689 now. Silver, however, fell to $13.73.
Until tomorrow, be good, or else, be careful!
I thought I warned you already about our old friend yesterday, but you were sleeping at 3:30am (just like right now!!!).