Energy

Late news from both BP and Goldman Sachs turned Wall Street around from economic data weakness last night. Dow down 7.

The week-long rally found some profit-takers last night as the Fed poured cold water on recovery enthusiasm. Dow up 3. (Locked for subscribers until 10:00 AEST)

Wall Street surged higher once more in the wake of positive initial earnings. Intel’s post-market result suggests a seventh consecutive rally tonight. Dow up 146.

A glance through the latest expert views and predictions about commodities, as Chinese copper import data disappointed and JP Morgan revised commodity price expectations.

Alcoa’s after-the-bell result beat expectations and that’s all that matters. Wall Street went nowhere all session as it waited. Dow up 18.

The market agrees oil prices will head higher as the global economy recovery and market fundamentals improve, with RBS Australia offering its preferred list for playing the sector.

A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

A glance through the latest expert views and predictions about commodities with updates on the corporate attractiveness of Oz nickel producers, signs gold is finding support and an update from BHP’s CEO.

Popular economist Cliff Bennett calls the bottom while RBS expects solid returns from here. But Morgan Stanley’s bank analysts remain wet blankets.

Lower jobless claims helped Wall Street build on Wednesday’s surge as risk appetite continues to return. Dow up 120.