ECB intervention confusion in Europe sent a fragile market over the edge last night as margin call selling affected an accelerating slide. Dow down 512.
Wall Street managed to turn another sharp loss into a small gain last night as buyers took advantage of what they see as oversold conditions. Dow up 29.
The debt deal was a mere distraction from the reality of a weakening US economy. Dow down 265.
Forget the debt ceiling – global manufacturing PMIs tell a sorry tale. Dow down 10.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A failed rally last night suggests Wall Street is positioning with caution ahead of the deadline. Dow down 62.
More selling saw the S&P 500 breach it’s 50-day MA last night, sparking a lot more selling. Dow down 198.
The White House announced it would veto the Republican bill and Wall Street turned cautious once more. Dow down 91.
A cautious Wall Street awaited an after-market announcement from the Republicans. Dow down 88.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.