Analytics, News, and Forecasts for CFD Markets: stock news — 10-10-2014.

Stock indices closed lower on concerns over the global growth and Eurozone could fall into recession.

The International Monetary Fund cut its forecast for global economic growth for 2014 and 2015 this week. The International Monetary Fund chief Christine Lagarde said yesterday that the likelihood of the Eurozone slipping into recession is 35-40% if nothing will be done.

Several disappointing economic data was released in Germany this week. Four German economic institutes lowered their forecast for Germany's economic growth yesterday.

There is also differences between the European Central Bank (ECB) and Germany. The ECB President Mario Draghi said at the Brookings Institution in Washington yesterday that the central bank is willing to add more stimulus measures if needed. But German Finance Minister Wolfgang Schaeuble yesterday warned against further stimulus measures.

France's industrial production was flat in August, beating forecasts of a 0.2% decline, after a 0.3% increase in July. July's figure was revised up from a 0.2% gain.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,339.97 -91.88 -1.43%

DAX 8,788.81 -216.21 -2.40%

CAC 40 4,073.71 -67.74 -1.64%

U.S. stock futures fluctuated amid concern that slower global growth will hurt the economy.

Global markets:

Nikkei 15,300.55 -178.38 -1.15%

Hang Seng 23,088.54 -445.99 -1.90%

Shanghai Composite 2,374.54 -14.83 -0.62%

FTSE 6,374.16 -57.69 -0.90%

CAC 4,100.8 -40.65 -0.98%

DAX 8,851.57 -153.45 -1.70%

Crude oil $84.25 (-1.80%)

Gold $1222.10 (-0.27%)

(company / ticker / price / change, % / volume)

Upgrades:

DuPont (DD) upgraded to Buy from Hold at Jefferies, target raised to $84 from $72

Halliburton (HAL) upgraded to Buy from Hold at Societe Generale, target lowered to $75 from $80

Downgrades:

Other:

Hewlett-Packard (HPQ) initiated with a Hold at Jefferies, target $38

Stock indices traded lower on speculation Europe is headed for recession. Several disappointing economic data was released in Germany this week. Four German economic institutes lowered their forecast for Germany's economic growth yesterday.

There is also differences between the European Central Bank (ECB) and Germany. The ECB President Mario Draghi said at the Brookings Institution in Washington yesterday that the central bank is willing to add more stimulus measures if needed. But German Finance Minister Wolfgang Schaeuble yesterday warned against further stimulus measures.

France's industrial production was flat in August, beating forecasts of a 0.2% decline, after a 0.3% increase in July. July's figure was revised up from a 0.2% gain.

Current figures:

Name Price Change Change %

FTSE 6,346.45 -85.40 -1.33%

DAX 8,819.18 -185.84 -2.06%

CAC 40 4,076.7 -64.75 -1.56%

Asian stock indices closed lower on growing concerns about the global economy. The International Monetary Fund cut its forecast for global economic growth for 2014 and 2015 this week.

Several disappointing economic data was released in Germany this week.

Investors have concerns that Europe's slowdown could hurt global growth.

Chinese stocks declined on profit taking.

Hong Kong's stock index Hang Seng dropped after the government scrapped negotiations with pro-democracy protestors on Friday.

The BoJ released its minutes from the latest meeting. The central bank said that exports remained weak. One BoJ board member expressed concerns that inflation target of 2% would be achieved in about two years.

Japan's tertiary industry index fell 0.1% in August, missing expectations for a 0.2% rise, after a 0.3% drop in July. July's figure was revised down from a flat reading.

Japan's consumer confidence index fell to 39.9 in September from 41.2 in August, missing expectations for a rise to 42.2.

Indexes on the close:

Nikkei 225 15,300.55 -178.38 -1.15%

Hang Seng 23,088.54 -445.99 -1.90%

Shanghai Composite 2,374.54 -14.83 -0.62%