Brazil’s currency dropped Tuesday after the government ramped up efforts to curb the currency’s appreciation by hiking a tax on certain investments for the second time this month.
http://www.marketwatch.com/story/brazils-real-falls-as-government-hikes-tax-2010-10-19?siteid=yhoof
U.S. stocks posted their biggest loss in two months on Tuesday on fears banks might be on the hook for billions of dollars in souring mortgage bonds.
http://finance.yahoo.com/news/Wall-St-drops-as-mortgage-rb-3831447247.html?x=0&.v=16
Japan's Nikkei stock average is set to fall on Wednesday after U.S. stocks were hit by fears that banks might be on the hook for billions of dollars in souring mortgage bonds as well as an unexpected credit tightening by China.
http://www.reuters.com/article/idCATOE69I09H20101019?rpc=44
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Dow Jones Industrial Average
(DJI: ^DJI)| Index Value: | 10,978.62 |
|---|---|
| Trade Time: | 4:03PM EDT |
| Change: |  165.07 (1.48%) |
| Prev Close: | 11,143.69 |
|---|---|
| Open: | 11,139.60 |
| Day's Range: | 10,917.62 -11,139.60 |
| 52wk Range: | 9,596.04 -11,309.00 |
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