Wall Street went nowhere last night, lacking any incentive. Dow “unch”. (Accessible only for subscribers before 10:15 AEST)
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. One broker argues the market is undervaluing Sandfire Resources, which can justify a re-rating now its share register overhang has been removed.
Wall Street shrugged at the release of the Fed minutes last night as the euro continued its slide. Dow down 26. (Accessible only for subscribers before 10:15 AEST)
The ongoing US dollar rebound sent commodity prices crashing last night as the Dow scraped to another new high, up 13 points. (Accessible only for subscribers before 10:15 AEST)
The S&P cracked its third new high in a row but the Dow also caught up last night to mark its first new high since March, up 26 points. (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.
Last night’s close above 2120 for the S&P500 may signal a break-out of its entrenched range. Dow up 191. (Accessible only for subscribers before 10:15 AEST)
Australia may be domestically focused this week but weak data has been the story across the globe this past 24 hours. Dow down 7. (Accessible only for subscribers before 10:15 AEST)
Technical breaches saw early panic selling in US bonds last night, spooking Wall Street, until calm was again restored. Dow down 36. (Accessible only for subscribers before 10:15 AEST)
US bond yields shot up last night as a global bond sell-off gathers intensity. (Accessible only for subscribers before 10:15 AEST)