U.S. and European Market Roundup
· The DJIA up 4.23 points to 9,543.52 points.
· Investors stayed cautious on Wednesday after a rally, leaving stocks little changed despite solid reports on new home sales and durable goods orders.
· European shares slipped back from a 10-month closing high on Wednesday, as investors took profits, even as German and U.S economic data continued to point to recovery.
Macro and Corporate New
· Malaysia's gross domestic product contracted at a slower pace of 3.9% the second quarter compared with 6.2% in the previous quarter.
· Genting's second quarter net profit for the period ended June 30 2009 fell 26% to RM214.5 mln from a year ago on lower contributions from almost all business segments.
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