A 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.
Wall Street staged a mid-session turnaround from its depths last night as a successful Spanish bond auction sparked short-covering and a big sell-off in gold. Dow down 41.
Wall Street held steady all session until 3pm when a massive programmed sell order ensured a technical break-down. Dow down 96.
Low leading indicator and confidence readings in China and the US broke the dam of building disquiet last night sending risk assets tumbling. Dow down 268.
Commentators suggest Fed board members are currently arguing over whether or not to reintroduce massive monetary stimulus to a flagging US economy to re-stimulate growth.
Wall Street meandered on thin volume last night as investors search for a reason to move either way. Dow down 5.
Danske Bank argues that tighter budgets in Europe will be offset by accompanying positive influences. There is no need to panic.
A 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.