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 Dow ran up to within sight of the all-time high and then got the jitters, retreating for the time being. Dow down 20. (Accessible only for subscribers before 10:15 AEDST)
Forget Europe, forget the sequester. Positive US data and more QE confirmation sent Wall Street looking for new highs again last night. Dow up 175. (Accessible only for subscribers before 10:15 AEDST)
Wall Street quickly forgot about Italy last night on solid housing data and Bernanke’s quashing of QE exit talk. Dow up 115. (Accessible only for subscribers before 10:15 AEDST)
Exit polls swung the Italian election result from apparently positive to apparently negative last night. Dow down 216. (Accessible only for subscribers before 10:15 AEDST)
More growth in Japan can only be good and while there are legal risks for supermarkets the web turns positive for department stores. Maybe it’s time for more equity risk.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street fluctuated wildly last night as everyone talked pullback: yes or no and if yes then by how much? Dow down 46. (Accessible only for subscribers before 10:15 AEDST)
There appears to be no let-up in investor enthusiasm on either side of the Pacific. Dow up 53. (Accessible only for subscribers before 10:15 AEDST)