Wall Street appears to now be consolidating ahead of next week’s Fed meeting. Dow up 76. (Accessible only for subscribers before 10:15 AEST)
The Dow turned a 200 point opening gain into a 239 point loss by the close as Wall Street decided the rebound has run its course for now. (Accessible only for subscribers before 10:15 AEST)
Wall Street has returned to the point from which it tumbled two weeks ago, thanks to a little help from China speculation. Dow up 390. (Accessible only for subscribers before 10:15 AEST)
Picking well funded explorers; oil price strain apparent; reviewing iron ore break-even prices; zinc deficit continues; gold doldrums.
Gold projects remain hotly contested in Australia, whether it be via takeover, joint venture or further exploration. Two companies at different stages of growth provoke broker interest.
The ASX200 again held its ground to close above 5000 yesterday ahead of the US holiday last night, which subdued all offshore markets. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A strong early rally on Wall Street, thanks to Mario Draghi, faded through the day as traders squared up ahead of tonight’s US jobs number. Dow up 23. (Accessible only for subscribers before 10:15 AEST)
Strong US economic reports led to more orderly rally on Wall Street last night. Dow up 293. (Accessible only for subscribers before 10:15 AEST)
The inevitable second wave of selling continued last night on Wall Street. Dow down 469. (Accessible only for subscribers before 10:15 AEST)