The S&P/ASX 200 ended Friday down by 2.22%, closing at 4,569.60. The poor lead in from the American markets has seen the Aussie market open lower again this morning.

The Dow Jones Industrial Average dropped 0.52% (53 points), ending the session at 10,067.33.

There were a bunch of reports released on Friday, showing the US economy growth was quicker than expected for the fourth quarter. Despite this ‘good news’ the Dow still experienced a sell-off in the second half of the session, mostly based on financial instability fears in Greece. Read more about the US market here.

On Friday in the UK, the FTSE was up on the positive GDP data in America. The Footsie closed at up 42 points at 5,188.52.

The Nikkei lost 216 points (2.08%) closing to 10,198.04. The Japanese market was surprised by the negative earnings posted by Advantest Corp [T: 6857], which reported a net annual loss of ¥13.5 billion (AUD $169million). The higher than expected loss saw the stock price drop over 10%.

The price of spot gold in Australian dollars is trading at $1,224.31 while in US Dollars it is trading at $1,081.10. The price of silver in Aussie dollars is $18.35 and in US Dollars it is $16.20.

The Aussie dollar versus the US dollar is trading at USD$0.8886, and against the Japanese Yen JPY79.65

Crude Oil has taken another drop, down by 1.02%, closing at USD$72.89

For the biggest movers on the market yesterday click here…

That’s all I have for you on this Monday. See you tomorrow.

Shae.