Last night saw the return of investor risk appetite. US equities enjoyed a second day in the sun, commodities surged. (Locked for paying subs until 10am).
While recession fears kept the Dow in the red, some hope returned to the banking sector helping the broader market close on a slightly hopeful note.
Early losses were trimmed, but once again bank stocks led US the market lower, this time helped by the tech sector.
Banks had become too cheap and technology stocks surprise with their quarterly reports. Time for a rally.
Investors shrugged off the history being written in Washington, selling down finance stocks mercilessly on increasing fears of a great global recession. (Locked for paying subs until 10am).
The world is once again more concerned than hopeful. Share markets across the globe posted losses yesterday. (Locked for paying subs until 10am).
Stocks closed higher in a turbulent session as the suspicion of more bank bailouts gave way to dim optimism for the sector.
Last night saw heavy losses on increased volumes, but a positive end when the closing bell sounded. (Locked for paying subs until 10am).
Stocks dropped in New York last night after a bleak retail sales report and more bad news for the banks fuelled fears of a prolonged recession. (Locked for paying subs until 10am).
Yesterday’s session started off negatively, but ended on a positive note. And not only for US equities. (Locked for paying subs until 10am).
