US Futures Affected by Pig Flu

Predictions that travel and hotel shares would be down have come true as shareholders continued to bet that these would take the first hit out of the pig flu, which is taking an increasing amount of victims in Mexico.

Corn and soy futures took their biggest one-day decline in the USA, and meat products are likely to take a hit too: pork products have been banned from Mexico to Russia and China, with Indonesia set to followPredictions that travel and hotel shares would be down have come true as shareholders continued to bet that these would take the first hit out of the pig flu, which is taking an increasing amount of victims in Mexico.

Corn and soy futures took their biggest one-day decline in the USA, and meat products are likely to take a hit too: pork products have been banned from Mexico to Russia and China, with Indonesia set to follow.


The Nikkei closed 1.7% on Monday's trading and the Hong Kong Hang Seng was down 1.4%. Over here, the FTSE 100 index was also down 1.4% in today's early trading.