Stocks end higher on Friday after waging a dramatic comeback in the final hour of trade. Dow up 0.1%, while Nasdaq flies 0.75%.
Sovereign debt fears are snowballing in Europe, Sino-US relationships are edgy, and signs are tonight’s US jobs number may disappoint. Dow down 268.
Europe is still weighing on sentiment as uninspiring economic data kept Wall Street at bay last night. Dow down 26.
A strong US home sales result and some easing of Greek concerns added further fuel to yesterday’s relief rally. Dow up 111. (Locked for subscribers until 10:00 AEDST)
A welcome bounce followed a positive manufacturing sector read in the US. Dow up 118.
After a positive start, Wall Street ends down again, with a raft of positive economic news brushed aside by an increasingly sceptical market.
Metals and equities continue their horrible streak. Experts are drawing comparisons with 2003-2004, just like your editor did on Wednesday. (Locked for subscribers until 10:00 AEDST)
Wall Street put in a late rally post Fed-announcement, but metals had a horrible session last night. (Locked for subscribers until 10:00 AEDST)
Wall Street was unable to hold on to earlier gains as investors come to realise that things are no longer the same in 2010. (Locked for subscribers until 10:00 AEDST)
Stocks were sold off for the third straight day on Wall Street, with investors brushing off mostly positive earnings on a host of issues.