The Overnight Report

A perfect storm for oil saw that commodity hammered last night, taking stock indices down with it. Dow down 130.

A US$8.5bn bid for Skype by Microsoft got Wall Street’s attention last night as commodity prices continued to tick up. Dow up 75.

Oil surged 6% last night as fundamentals met an oversold market. Precious metals followed. Dow up 45. (Locked for subscribers until 10:00 AEDT)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

There was no ECB rate rise, sparking the biggest fall in commodity prices since 2008. Weak US data helped the Dow down 139 points.

The commodities sell-off continued to snowball last night, assisted by some weak US economic data. Dow down 83.

Silver continued its plunge and stole the limelight last night as Wall Street bungled along to a mixed close. Dow “unch”.

Is it a time for euphoria or a time for fear? Wall Street is undecided. Dow down 3.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Some more favourable earnings reports and no GDP surprise pushed Wall Street ever higher last night as the US dollar continued to slip away. Dow up 72.