Daily Market Reports

Optimistic comments from Bernanke sparked a rally on Wall Street as the market awaits an announcement from the president. Dow up 236.

The S&P 500 joined the Dow at 1997 levels last night as the malaise continues. Dow down 250.

The Dow ends down 100 points after a late bank led rally offered some false hope for a positive close.

The Dow closed down 89, triggering a technical bear signal. Oil jumped 14%.

Wall Street failed to be excited by Obama’s housing plan while gold has set its sights on US$1000. The Dow was flat.

President Obama signs the stimulus bill as the run on Europe begins. Dow down 300.

The passage of the US$787bn economic stimulus plan in the US garnered mixed reactions. The Dow ended 1% lower.

A late announcement on a new mortgage plan brought Wall Street back from the brink last night. The Dow rallied strongly to close down 6 points.

The Dow clawed back 50 points as agreement was reached on the stimulus bill while the TARP remains a point of conjecture.

Wall Street wanted details, Geithner delivered mission statements. The Dow fell 400. (Locked for subscribers until 10:00 AEDT)