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.
Fiscal cliff and Europe – nothing’s changed. Dow down 121. (Accessible only for subscribers before 10:15 AEDST)
Wall Street responded poorly to another four years of deadlocked government and now that the election is over, Europe is back in the frame. Dow down 312. (Accessible only for subscribers before 10:15 AEDST)
A newspaper error had Romney ahead in Ohio in early polling, triggering technical buying. But Wall Street decided to hang in there anyway. Dow up 133. (Accessible only for subscribers before 10:15 AEDST)
Wall Street was quiet last night ahead of an election most continue to claim is too close to call. Dow up 19. (Accessible only for subscribers before 10:15 AEDST)
Economists argue that economic forecasts from the Spanish and Italian governments under fiscal austerity are unrealistic, pointing to bail-out likelihood.
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.
Solid US data had Wall Street shaking off any sogginess last night. Dow up 136. (Accessible only for subscribers before 10:15 AEDST)