Daily Market Reports

Weak economic data across the globe extinguished a week of rallies last night sending the Dow down nearly 700 points.

The Dow added another 102 points in the shortened holiday session to mark five consecutive up-days.

Americans celebrated the last session before Thanksgiving with a fourth day rally – for the first time since May. The Dow was up 250.

US mortgage rates had their biggest one day drop on record last night as the government announced yet another loan facility. The Dow was up 36.

The Dow closed off its highs to be up 396, but has managed to put together the first two-day rally this month.

The Dow posted a long overdue rally of nearly 500 points on Friday, triggered by the announcement a new Treasury Secretary had been chosen.

The S&P 500 fell 6.7% last night to an eleven and a half year low. A 443 point fall in the Dow took out the previous intraday low for a five year closing low. Oil broke US$50/bbl.

The Dow fell 427 following a revised economic outlook from the Fed. Citigroup has begun to slide away.

Wall Street ended on a positive note, for a change.

The Dow fell 220 points last night, most of it in the last ten minutes yet again.