Inflation concerns and global unrest had gold pushing up into nominal blue sky territory last night as Wall Street again showed a lack of interest. Dow down 6.
Brent crude pushed over the US$120/bbl mark last night in a quiet session on Wall Street as we await remarks from Ben Bernanke. Dow up 23.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The ADP employment result was solid, but traders point to end of quarter window dressing as the influence for last night’s rally on Wall Street. Dow up 71.
Wall Street was boosted by a consumer sentiment report which wasn’t as bad as expected, among other things last night. Dow up 81. (Locked for subscribers until 10:00 AEDST)
Wall Street opened higher and closed lower last night on the weakest volume since the week after Christmas. Dow down 22.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
The S&P 500 last night recovered the losses marked since the March 11 quake, with buyers looking ahead to the upcoming US earnings season. Dow up 84.
With the reactors in Japan seemingly under control, markets are now turning their attention to the rebuilding phase. Higher commodity prices drove Wall Street last night. Dow up 67.