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Michele Scrimenti is a freelance writer for Businessweek.com. A graduate of George Washington University with a BA in history, Scrimenti writes for the English-language edition of the Global Times in Beijing. He previously wrote for Fortune Times, a Chinese language publication. Fluent in Mandarin, Scrimenti also works as a translator for Pan Media Corp. and ChinaGeeks, a Chinese news and analysis web site.

Last Updated: 05:31 pm Market Summary

S&P500 2002.16 -27.39
DJIA 17191.37 -195.84
NASDAQ 4637.996 -43.501
Stoxx 50 3358.96 -13.62
FTSE 100 6825.94 14.33
DAX 10710.97 82.39
Nikkei 17795.73 27.43
Topix 1429.92 3.54
Hang Seng 24861.81 54.53