US: U.S. stocks rose as a rally in oil prices boosted energy shares, outweighing concern that financial companies face more writedowns after American International Group Inc. said it overstated the value of some assets.
Europe: European stocks fell after the Group of Seven said financial-market turmoil will hurt the economy and auditors found a ``material weakness'' in how American International Group Inc. values its credit-default swap portfolio.
Asia: Asian stocks fell, led by Commonwealth Bank of Australia and Kookmin Bank, after the Group of Seven policy makers said financial-market turmoil will sap global economic growth.
Commodities: Crude oil rose to a one-month high after Valero Energy Corp. shut its Delaware refinery because of a storm-related power failure yesterday and cold weather moved across the northern U.S. Gold futures rose to a one-week high after energy costs climbed, boosting the appeal of the precious metal as a hedge against inflation. Silver extended a rally to the highest since 1980.
Currencies: The yen rose the most this month against the dollar after the Group of Seven nations warned of further financial-market turmoil, spurring investors to reduce holdings of higher-yielding assets bought with loans from Japan.
Source: Bloomberg
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