American Markets:   DOW JONES: 12695   +65       NASDAQ:  2863     +17

USDINR:      44.79     +0.04          EURINR:       63.56          +0.10

GBPINR:      72.18     -0.08          EURUSD:       1.44           -0.00

GBPUSD:      1.60     -0.00            USDJPY:      82.31           +0.43

Stocks, Commodities Advance as Dollar Index Retreats; Treasuries Decline: U.S. stocks rose and commodities erased losses, while the Dollar Index retreated, as riskier assets recovered from an early slump amid speculation that recent declines were excessive. Treasuries slid after an auction of 30-year bonds drew the weakest demand in six months. The S& P's 500 Index advanced 0.5% to 1,348.65 after slumping as much as 0.8%. The S&P GSCI Index of commodities climbed less than 0.1% after tumbling as much as 2.3 %.

Declines in energy and raw material prices yesterday & early today threatened to wipe out a two-day rebound in the S&P GSCI Index from last week's 11% slump, its worst since 2008. Shares of oil & mining companies dragged the S&P 500 last week to its biggest drop since March. Treasuries extended losses after the government's $16 bn sale of 30-year bonds. The bid-to-cover ratio, which gauges demand by comparing total bids with the amount offered, was 2.43, the least since November and down from an average of 2.7 at the past 10 sales.

Asian Markets: NIKKEI:  9691    - 25    HANG SENG:   23029   -  44    KOSPI: 2113    -10  SGX NIFTY    5494  + 8

Asian Stocks Swing Between Gains and Losses :Asian stocks fell for a second day as Japanese companies reported earnings as the nation struggles to deal with the consequences of its worst earthquake on record.

Tokyo Electric Power Co., operator of a nuclear plant crippled by the March 11 temblor and tsunami, dropped 0.6 percent in Tokyo amid reports it found holes in the bottom of the pressure vessel of a reactor. Tohoku Electric Power Co. sank 2.1 percent after booking a 109.3 billion yen ($1.3 billion) charge linked to quake damage. Japan Steel Works Ltd. slid 5 percent after forecasting a 30 percent drop in earnings. Hana Financial Group Inc. tumbled 15 percent in Seoul amid delays to a decision on its proposed takeover of Korea Exchange Bank.

The MSCI Asia Pacific Index slipped 0.4 percent to 135.83 as of 10:40 a.m. in Tokyo. About the same number of stocks on the index rose as fell. The gauge yesterday dropped the most since markets crashed in the wake of the March earthquake, as commodity prices tumbled amid concern China will further tighten monetary policy.

European Markets:  FTSE:  5944    - 31      CAC:  4023  -  34       DAX: 7443   - 51

The Stoxx Europe 600 Index slid 0.7 percent, the biggest drop in a week. Losses were led by energy and basic-resources companies, with European exchanges closing before the rebound in commodities. Global investors have tempered their optimism about the U.S. and world economies and plan to put more of their money in cash and less in commodities over the next six months, a Bloomberg survey found.

Sugar, hogs & soybeans led gains and oil rose 0.8%to $98.97 a barrel. The Dollar Index, which tracks the currency versus six major peers, lost 0.2% to reverse an early gain. Yields on 30- year Treasuries rose four basis points to 4.35%.