The major indices trade near the unchanged mark as
the market has been unable to find concerted direction. The S&P
500 is down 28% this year, and is down 33% from its October 2007
52-week high.
European markets are posting gains, with London's FTSE up 0.9%,
France's CAC up 1.4% and Germany's Dax up 0.2%. In Asian trading,
Japan's Nikkei fell 3.0%, while Hong Kong's Hang Seng was closed for a
holiday.