Bond issue fears and mixed results had Wall Street wobbling last night, although resilience won out. Dow up 15.
A Microsoft led tech sell-off threatened to derail the week’s patchy rally, but focus shifted to more defensive plays and upbeat reporting.
Wall Street surged last night on positive housing and jobs data. Dow up 188.
The Dow and S&P failed to mark an eighth day of rally as the market took a breather. Dow down 34.
Wall Street posted its seventh consecutive session of gains last night. Dow up 67.
The S&P and Dow joined the Nasdaq on new highs last night, setting up for the same in the ASX 200 today. Dow up 104.
Mixed earnings made for a mixed performance over most of the day, but some thin volume late buying ensured a positive close on the Dow.
It was a flat market on Wall Street last night until suddenly an uber-bear surrendered his claws. Or did he? Dow up 95.
Earnings, data and the Fed all conspired last night to spark a 3% rally on Wall Street. Dow up 250.
Silicon Valley Bank observes the correlation between oil prices and currencies has broken down, leaving the US dollar as a beneficiary if a double-dip recession eventuates.