US unemployment flew past 10%, but investors shrugged off the bad news seeing stocks post some minor gains. Dow up 17 points.
Wall Street surged last night on earnings, data, and a belated appreciation of the Fed. Dow up 203. (Locked for subscribers until 10:00 AEDST)
Little change in the Fed’s monetary policy rhetoric yet a rally on Wall Street failed on the death. Dow up 30.
The large gold purchase from the Reserve Bank of India has sparked all sorts of speculation.
Gold soared last night despite a stronger greenback following a big purchase from the Indian central bank. Dow down 17.
Positive manufacturing data across the globe failed to stem volatility on Wall Street. Dow up 76.
Stocks drop and the VIX pops past 30 as increasingly jittery investors rush to cash in on yesterday’s gain. Dow down 2.5%.
October 29, 2009 was not much like 1929. Last night the Dow crashed up 175 points on the back of a strong GDP number.
A shock fall in new homes sales added fuel to the correctional fire last night, sending the S&P below 1050. Dow down 119.
Dow up a bit, S&P down a bit, Nasdaq down a lot. Wall Street is grappling with mixed signals.