Daily Market Reports

Good news for the financial sector flipped the market last night sending short-coverers scrambling. Dow up 380. (Locked for subscribers until 10:00 AEDT)

Wall Street traded down last night largely because there was no reason to trade up. Dow down 79.

Wall Street ended the worst week of 2009 with a half-hearted rally. Dow up 32.

With no Chinese stimulus package forthcoming, Wall Street went back into fear mode last night. Dow down 280.

Some positive hints from China provided Wall Street with a long-awaited bounce as commodities soared. Dow up 150.

Wall Street fought back from new lows last night as presidents, treasury secretaries and Fed chairman all had something to say. The Dow closed down 37 as analysts contemplated the significance of a twelve-year low.

Confirmation of a record loss from AIG and a huge rights issue from HSBC sent global markets tumbling overnight. Dow down 300. (Locked for subscribers until 10:00 AEDT)

The Dow’s 1.7% drop was not as bad as the dire newsflow would have lead you to expect.

Obama’s first budget contained bad news for Wall Street. Dow down 88.

The Dow reversed an early 200 point fall last night as finally detail began to emerge re the bank rescue plan. The Dow closed down 80.