Markets Weak/Australia Strong?

  Markets in the US fell, Asia was lower, and Europe was weak as doubts continued over the US treasury's & #36;US700 billion bailout plan.The Dow was down 161.52 points, or 1.47%, at 10,854.17. The Standard & #38; Poor's 500 Index was off 18.87 points, or 1.56%, at 1188.22 while Nasdaq was down 25.64 points, or 1.18%, at 2153.34.Worries about the economy saw the US dollar rise again most currencies, especially the euro and the Aussie which traded around 83.10 US cents, down around a cent in a day.Gold fell & #36;US11 an ounce to around & #36;US897; oil dropped more than & #36;US2.50 to just over & #36;US106.70 a barrel and copper lost 11 US cents to end at & #36;US3.14 a pound in New York.Our market was off more than 1%, according to the overnight futures market and the ASX/200 could start around 70 points down this morning.In & #160;new York BHP Billion and Rio Tinto shares were weak as analysts saidf iron ore exporters would get smaller than expected price rises next year.Rio's American depositary receipts fell the most since at least 1990, losing 13% to & #36;US289.14 and BHP's ADRs slipped 5.2% to & #36;US61.77.General Electric was the biggest drag on the S & #38;P 500, falling more than 4%, after Goldman Sachs cut the company's profit outlook. GE's fall also hit the Dow. GE had itself added to the uS anti-shorting list.  

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