Daily Market Reports

A better than expected PMI result, undermining QE3 hopes, sent Wall Street south last night. Dow down 119.

Wall Street finished down 5.7% for the month although the Dow has closed in the black for 2011. Dow up 53 last night.

The FOMC is split, US confidence has hit a two year low, and Wall Street is wondering what to do next. Dow up 20.

A merger of two Greek banks and positive US economic data had Wall Street on the tear again last night. Dow up 254.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

QE shmooey. Europe has not gone away. Dow down 170.

Significant Scheduled Events For 26 August, 2011

Gold fell another US$80 last night and US bond yields rallied as suddenly the safe havens began to look crowded. Dow up 143.

Wall Street shook off an earthquake in Virginia to surge ahead on light volume last night. Dow up 322.

Wall Street chopped and changed on unremarkable volume last night with QE3 possibilities still a trading week away. Dow up 37.