A Quick glance at News

v  Asian stocks fell, while the euro weakened to an 11-year low against the yen and Treasury 10-year yields dropped to a record as a Chinese central bank board member warned of slowing growth and on concern Greece may exit the currency bloc. Commodities declined.v  The euro hovered near multi-year lows hit earlier on Monday, as Spain sparked concerns about its ability to stave off a sovereign bailout after two indebted regions sought financial assistance from the central government
v  China’s economic expansion may cool for a seventh straight quarter to 7.4 percent in the three months to September, said Song Guoqing, a member of the People’s Bank of China monetary policy committee.
v  Japan's Nikkei share average slid to a five-week low in early trade on Monday, hit by renewed fears that Spain may require a full-blown bailout after two indebted regions requested financial aid.

v  Roesler, who is Germany’s economy minister, told broadcaster ARD that Greece was unlikely to be able to meet its obligations under a euro-area bailout program as its troika of international creditors -- the European Commission, the European Central Bank and the International Monetary Fund -- hold talks this week in Athens.
v  Earnings at U.S. companies have exceeded analyst estimates at about 73 percent of the 118 S&P 500 companies that reported quarterly results so far, according to data compiled by Bloomberg.
v  Oil dropped for a second day in New York amid speculation global fuel demand will falter as China’s economy slows and Europe struggles to control its debt crisis.v  Gold edged lower on Monday under the pressure of a stronger dollar, as worries about the euro zone debt crisis deepened after Spain stoked fears that it might need a sovereign bailout.
v  McDonald’s Corp., the world’s largest restaurant chain, releases results today.
v  Corn for December delivery in Chicago fell to $7.8750 a bushel, after earlier surging to $8 as a drought scorched crops in the U.S., the world’s top producer and exporter.

v  The International Monetary Fund will stop paying further rescue aid to Greece, making the country’s insolvency in September more likely, the Der Spiegel magazine reported, citing unidentified European Union officials.
v  Data today may show an index (SPX) of consumer sentiment in the euro region probably fell to minus 20 in July from minus 19.8 a month earlier, economists predicted in a Bloomberg survey.
v  As iPhone fans await the release of a new model, they are delaying purchases and may cause Apple Inc. (AAPL), the world’s largest company by market value, to post its slowest sales and profit growth in more than two years.
v  Shares of SanDisk Corp. jumped more than 14% to $40 on Friday morning, after the maker of flash memory chip products reported better-than-expected results for the second quarter, despite a sharp drop in earnings for the period. The company also issued an in-line forecast for the current quarter.
v  Microsoft Corp. and Google Inc. were among the leading tech stocks to post mild gains in early trading Friday in what was mostly a down day for the sector. Google shares rose 1.5% to $601.53 and Microsoft was up by almost 1% at $30.90 following upbeat reaction to those companies' quarterly results, which came out late Thursday.