The Nasdaq briefly hit 4000 last night until profit-taking set in, likely reflecting squaring up before the Thanksgiving break. Dow up 7. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The Dow scraped over 16,000 last night for the first time in history after a 109 point rally. (Accessible only for subscribers before 10:15 AEDST)
Silver in solar, growth potential for Australian energy stocks, Chinese reforms, gold producer costs and coking coal outlook.
The Fed has collectively indicated tapering will commence sooner rather than later, but we sort of knew that anyway. (Accessible only for subscribers before 10:15 AEDST)
Wall Street continues to fumble around big figure resistance ahead of a speech by the Fed chairman. Dow down 8. (Accessible only for subscribers before 10:15 AEDST)
The major US indices touched psychological resistance levels last night before turning tail. Dow up 13. (Accessible only for subscribers before 10:15 AEDST)
Global oil supply is set to outrun demand while the US approaches the unusual position of being the world’s most significant importer and exporter of energy.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Fed chair nominee Janet Yellen surprised no one with a dovish testimony last night. Dow up 54.(Accessible only for subscribers before 10:15 AEST)