Gaddafi ready to talk? It’s enough to see a fall in oil and thus, again, a refocus from Wall Street on what’s happening at home. Today at least. Dow up 124.
The oil price fell and rose and fell again last night as investors continued to jump ship, with metals now joining in the selling. Dow down 79.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Talk of a peace deal in Libya and a surprise fall in jobless claims had Wall Street looking inward last night at the strength of its own recovery. Dow up 190.
Wall Street bounced around the flatline last night, balancing economic data and news of a battle in Libya. Dow up 8.
Violent clashes in Iran; troops deployed in Oman; cleric detained in Saudi Arabia; Libyan assets frozen. Oil soars and stocks tumble. Dow down 168.
Wall Street has shrugged off Libya and turned back to local data in providing a solid month-end. Dow up 95.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Oil and stocks rocked and rolled last night on the Twitter-flow of rumours out of Libya. Dow down 37. (Locked for subscribers until 10:00 AEDST)
Saudi Arabia has moved to head off revolt with a huge social assistance package while the madman is still ranting in Libya. Oil surged last night, Wall Street fell. Dow down 107. (Locked for subscribers until 10:00 AEDST)
