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U.S. Stock Market May Go Lower at the First Day Trading of 2008.

There are few bad news came up before the first day trading of U.S. stock market.

Asian stocks were mostly lower Wednesday, with stocks in China, South Korea and Singapore declining in the wake of a lower Wall Street finish, but Australian shares advanced as investors buying blue chips such as BHP Billiton on the first trading day of 2008.

Australia’s Centro Properties Group, the fifth-largest owner of shopping centers in the U.S., said Wednesday it is seeking expressions of interest for some or all of its assets as it struggles to meet billions in debt refinancing ahead of next month’s deadline.

The Pakistani government said Wednesday that it is calling off the national election scheduled for Tuesday and will reschedule voting for sometime in February, according to media reports.

http://www.marketwatch.com/news/story/centro-seeks-buyers-its-us/story.aspx?guid=%7B4ADBA51C%2D1D53%2D4C53%2D9A38%2DC1A497B064BE%7D

http://www.marketwatch.com/news/story/pakistan-delays-national-election-until/story.aspx?guid=%7B50AA940B%2DA9FF%2D4E8D%2D9F97%2D3E0652118B02%7D&dist=hplatest

http://www.marketwatch.com/news/story/asia-mostly-lower-sydney-stocks/story.aspx?guid=%7B7F5D6801%2D9B26%2D4295%2D8320%2D87165C9D9490%7D

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