The global markets give out mixed cues this morning. U.S. stocks fell, with the Dow Jones Industrial Average closing below 10,000 for the first time since February, as reports that China may review investments in European government bonds spurred concern the credit crisis will worsen and wiped out an early rally. European stocks rebounded from an eight-month low as investors speculated that recent declines may have been overdone and stronger-than-forecast U.S. data bolstered confidence the debt crisis won’t derail the economy. This morning most Asian stocks fell, led by finance and consumer companies, on growing concern that Chinese property curbs and Europe’s debt crisis will hurt global economic growth. In commodities, Oil declined in New York after a government report showed a larger-than forecast increase in crude inventories in the U.S., the biggest energy consumer. Gold, trading within 3 percent of a record, may gain for a fourth day as investors seek a haven for their assets on concern that the European debt crisis may worsen, hurting stock prices and slowing...
