Currencies

The Dow closed up over 100 points led by the tech sector, but those gains were already being given up in the after-market following the Amazon result.

It was a return to August-style trading last night as the Dow pulled back from the brink to post a 45 point gain. A bounce in the US dollar saw commodities heavily sold.

The IMF is rapidly losing all sense of credibility and the G7 finance ministers failed to even mention the US dollar in their statement following last weekend’s meeting.

On the 20th anniversary of the crash of 1987, the Dow celebrated with a 367 point fall.

Stock markets again closed little changed last night as poor employment data sent the US dollar south.

The IMF has downgraded its forecast for 2008 global GDP growth, but not by much.

US regional bank earnings reports reflected ongoing credit market concerns last night as oil pushed ever upward.

The Dow fell over 100 points last night as Wall Street was reminded the credit crunch hasn’t gone away. Global tensions drove oil higher.

The Dow put on 78 points as retail sales surprised and M&A came back.

The Dow fell 248 points from its high to its low last night, finally settling down 63, as a tech sell-off revealed growing nervousness.