Daily Market Reports

Wall Street went into Limbo last night as TARP news was put back a day. Dow flat.

Short-covering in financials supported a 200 point rally in the Dow as a weak jobs number was shrugged off.

A combination of positive rumours and executive buying in BA turned the financial sector and thus the market around. Dow up 100.

What will Obama come up with? That is the concern that had banks hitting new lows last night. Dow down 120.

The Dow rallied 141 points despite the standard grim data, although there was good news in housing. (Locked for subscribers until 10:00 AEDT)

The Dow fought back from weak economic and corporate news to be down 64.

…but only gold as the US GDP goes backwards and Bad Bank hits a “snag”. Dow down 150.

Could Obama lead the world into Great Depression II? Dow down 200.

Wall Street posted its fourth consecutive rally last night as the Fed kept rates steady and pledged to keep doing more. The Dow rose 200 points.

The Dow added another 58 points last night but this time commodities took a bit of a hit. Which data are good data?