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Asia stocks fall and oil nears $100 on Egypt fears | Prensa Espartaco

31.1.11

Asia stocks fall and oil nears $100 on Egypt fears | Prensa Espartaco: "“The situation in Egypt is very fluid.”

For now, investors watched closely for any sign of growing instability in the Middle East. U.S. S&P 500 futures were up 0.2 percent after Wall Street closed down 1.8 percent on Friday, while U.S. Treasury futures were flat on the day.

The U.S. dollar, yen and Swiss franc, which all gained on Friday in reaction to the escalating Egyptian situation were largely stable, with protesters in Cairo camped out and calling for Mubarak to step down after 30 years of rule."

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