Energy

It was another good day on Wall Street, with stocks shaking off yesterday’s hiccup to react to a positive spell cast by quadruple witching.

Wall Street could not post another positive session despite relatively strong economic data. Dow down 7.

Strong IP numbers sent Wall Street surging to its first triple-digit Dow move in a month – up 108.

Bernanke declared the recession over last night, so Wall Street bought it once more. Dow up 56.

Barclays Capital suggests while Chinese natural gas demand will grow strongly its impact on the global oil market will be strongest.

One year after Lehman, Wall Street pushed further into 2009 highs. Dow up 21.

Profit-taking and a sharp drop in oil prices offset an improvement in consumer confidence, with markets pulling back from 2009 highs.

In the view of Barclays Capital commodity markets generally are in a period of consolidation before the uptrend resumes.

It was another up day on Wall Street, ignoring a collapse in metal prices. Dow up 80.

Oil has been range-bound in the US$70 neighbourhood for more than a month now and should stay there for a while yet.