Global stocks fell as the markets held back on risky bets as the US showed a fall in new orders for durable goods.
The FTSEurofirst 300 index of top European shares fell 0.2 percent, the German DAX also showed a slight decline as did the CAC 40, while London was up just over a half a percent. New house sales in the United States climbed but below expectations. Many believe that stocks have already peaked for the year and may well take a further fall before 2010. The market is now waiting to see how the new G20 financial regulations and more coordinated economic policies improve the global economy following the economic crisis which broke just over a year ago.