Having reached new highs on Friday, Wall Street posted a typically quiet and directionless session last night. Dow down 24. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
PayPal offers working capital loans to Oz SMEs; consolidation in US dollar strength; and investment opportunities in Australia’s gambling sector.
QE3 will end next month as planned but the Fed surprised the market by appearing more hawkish in its policy statement when more dovish was expected. Dow down 31.(Accessible only for subscribers before 10:15 AEST)
The Dow regained 17,000 last night in a typical pre-Fed-statement rally as investors anticipate soothing words. Dow up 187. (Accessible only for subscribers before 10:15 AEST)
Wall Street settled down to post a quiet session last night, eyeing off this week’s Fed meeting. Dow up 12. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Strong US earnings drove a 300 point Dow rally last night before news of possible Ebola case in New York City shaved off 100 points by the close. Dow up 216. (Accessible only for subscribers before 10:15 AEST)
A shooting in Canada and another fall in oil prices reversed the mood on Wall Street last night. Dow down 153. (Accessible only for subscribers before 10:15 AEST)
Respectable Chinese GDP, solid US earnings, more ECB stimulus, oil price stability, and easing of Ebola fears – whatever were we worried about? Dow up 215. (Accessible only for subscribers before 10:15 AEST)