(HawaiiNewsNow) - The Nikkei fell 2% overnight, but European Markets turned positive on the belief that European Finance Ministers will agree on a bank bailout plan.
I want to be clear about this - the ministers have not yet agreed on a plan - Reuters even reported that in weekend meetings in Washington, the European Ministers didn't even get to the point of throwing any numbers around.
Still, traders think a solution is coming, so they're buying stocks again.
Alexander & Baldwin - 45 from early April until August - now, under 38.
Bank of Hawaii traded above 45 dollars a share until July - now under 38.
Central Pacific Bank fell below 12 about a month ago, now under 11.
Hawaiian air falls as jet fuel rises, under 4.50 now.
The Finance Minister of Russia up-and-quit this morning after an argument with President Medvedev - that might affect the stocks of companies that do business in Russia.