Daily Market Reports

America registered another benign CPI in April as gasoline prices fell 2%. Come again? The Dow rallied 66 points.

The Dow fell 44 points last night as financials slipped again and oil went back up once more.

The Dow gained 130 points last night as US dollar strength tipped oil over slightly.

The poor result from AIG sparked renewed concern in financials while oil hit US$126 and metals took a dive. The Dow fell 120.

The Dow managed a late gain to be up 52 as oil was higher yet again. Base metals had a slide.

Last night the US dollar went up and so did the oil price. That was too much for Wall Street, which took profits before a SEC announcement accelerated losses in financials. The Dow fell 200.

A housing warning from Bernanke, poor financial profit results and US$122 oil ensured the Dow rallied 50 points last night.

The Dow fell 88 points last night as the Yahoo deal fell over, oil hit US$120, and doubt was raised about BA’s bid for Countrywide.

A good jobs report kicked off a day that ended in mixed book-squaring ahead of the weekend.

The Dow returned to break 13,000 last night as the market picked out the good from mixed economic data, cementing the idea that the Fed is on hold. Commodities crashed.