Energy

Obama’s first budget contained bad news for Wall Street. Dow down 88.

The Dow reversed an early 200 point fall last night as finally detail began to emerge re the bank rescue plan. The Dow closed down 80.

Optimistic comments from Bernanke sparked a rally on Wall Street as the market awaits an announcement from the president. Dow up 236.

While awaiting news on Australian iron ore, China has secured oil deals with Brazil and Russia.

The S&P 500 joined the Dow at 1997 levels last night as the malaise continues. Dow down 250.

The Dow ends down 100 points after a late bank led rally offered some false hope for a positive close.

The Dow closed down 89, triggering a technical bear signal. Oil jumped 14%.

Wall Street failed to be excited by Obama’s housing plan while gold has set its sights on US$1000. The Dow was flat.

President Obama signs the stimulus bill as the run on Europe begins. Dow down 300.

A late announcement on a new mortgage plan brought Wall Street back from the brink last night. The Dow rallied strongly to close down 6 points.