Daily Market Reports

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

Lower jobless claims helped Wall Street build on Wednesday’s surge as risk appetite continues to return. Dow up 120.

A 274 point rally in the Dow may be welcome but not very convincing in many a view.

Wall Street opened strongly last night, failed, and then kicked at the close. There is now a clear battle between buyers and sellers. Dow up 57.

While Wall Street enjoyed a public holiday the rest of the world took the opportunity to take a breather as well. European indices down 0.3% in thin trade.

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

Wall Street staged a mid-session turnaround from its depths last night as a successful Spanish bond auction sparked short-covering and a big sell-off in gold. Dow down 41.

Wall Street held steady all session until 3pm when a massive programmed sell order ensured a technical break-down. Dow down 96.

Low leading indicator and confidence readings in China and the US broke the dam of building disquiet last night sending risk assets tumbling. Dow down 268.

Wall Street meandered on thin volume last night as investors search for a reason to move either way. Dow down 5.