Mixed data in the US and a lack of buying support sent Wall Street lower again last night. Dow down 100.
Weak economic data and support for the greenback sent commodities and stocks tumbling last night. Dow down 187.
A sideways day was capped by a late buying frenzy that stretched the rally’s high water mark just a little higher.
The 30-year bond auction went well, commodities shot up again, and the S&P squeaked in a new high. Dow up 30.
US stock markets fell after the bond auction last night but rallied back after the bond market closed. Dow down 25.
Base metals soared through chart levels and oil broke US$70 last night as the stock market trod water. Dow down 1 point.
As US bond yields continue higher, stocks are struggling to rally. Dow unchanged.
Mixed jobs data confuses investors and tech stocks drag, while a resurgent US Dollar wipes some of the recent gloss off commodities.
Everything that happened on Wednesday was reversed last night, and some. Dow up 75.
A technical bounce for the greenback could be a sharp one, warns Standard Chartered’s forex team.