Brazil led the decliners in South American trading with a loss of 1.38% followed by decreases in Colombia of 0.95%, in Argentina of 0.90%, and in Mexico of 0.73%. Venezuela fell 0.35% and Chile gained 0.5%.

Asian Markets

In Tokyo Nikkei 225 Index closed higher 378.43 or 2.92% to 13,323.73, in Hong Kong Hang Seng index increased 480.69 or 1.99% closed to 24,667.79. In Australia ASX 200 index lower 7.10 or 0.13% to close 5,439.30. In Malaysia KL Composite index decreased 1.40 or 0.11% closed to 1,246.79.

In South Korea Kospi Index increased 15.07 or 0.85% to close at 1,779.71, in Thailand SET index closed higher 6.12 or 0.75% to 827.10 and Indonesia JSE Index edged increased 68.00 or 3.04% to 2,303.93. Sensex index in India increased 112.54 or 0.72% to 15,807.64.

Commodities, Metals, and Currencies

Crude oil increased $0.11 to close at $110.22 a barrel for a front month contract, natural gas decreased 21 cent to $9.89 per mBtu, and gasoline futures increased 1.40 cents to close at 280.61 cents per gallon.

Gold decreased $4.80 in New York trading to close at $927.00 per ounce, silver closed down $0.35 cents to $17.69 per ounce, and copper for front month delivery increased 2.05 cents to $3.94 per pound.

Wheat futures decreased 25.75 cents in Chicago trading and closed at $9.10 per bushel. Sugar decreased 5.00 cent to $13.03 per pound. Soybean future closed down 23.50 cents to $13.49 a bushel.

Dollar edged lower and traded near a record low against euro to $1.5834 and edged lower against yen to 100.77.

Yields on U.S. bonds declined to 3.43% on 10-year bonds and fell on 30-year bonds to 4.29%.