fkli day end

drama day

Thai shares plunges 3.04 per cent in afternoon trade

Thai stocks plunged 22.67 point or 3.04 per cent in the afternoon trade.At 3.40 pm, the composite index of the Stock Exchange of Thailand plunged to 724.00.

The Nation

http://www.nationmultimedia.com/breakingnews/30114435/Thai-shares-plunges-3.04-per-cent-in-afternoon-tra

FKLi some mild profit taking in the morning

The Dow industrials closed above 10,000 Wednesday following strong results from Intel and JPMorgan Chase. The Dow Jones industrial average rose 145 points to 10,015.86, finishing at its highest point since Oct. 3, 2008. Thursday's market will take its guidance from the financials and tech. Goldman Sachs will be reportingearnings ahead of the bell, as does Citigroup, still a participant in the government's trouble asset relief program (TARP). After the bell, Google and IBM will release numbers just after 4 pm New York time.Closely watched weekly jobless claims are reported at 8:30 am, as is the consumer price index and the Empire State survey of New York manufacturing activity. The Philadelphia Fed survey is released at 10 am."For sure, the stream of economic data will take a back seat for the most part. Google will be intriguing. Goldman Sachs will be better than expected. Citigroup is a wild card," said Art Hogan of Jefferies.Hogan also said he believes the stock market will continue to move higher, at least temporarily."I think we continue to ramp up through the earnings season," he said. Then when earnings season ends, the challenges will be a lack of catalysts and concern about corporate profits in 2010.