Everyone’s suddenly an expert, and conflicting information had Wall Street on an hour by hour rollercoaster last night. Dow down 225.
Nuclear uncertainty led to a wide-scale exodus from commodity positions last night while the Dow opened down 300 points before finding fundamental buying. At the close it was down 137.
As the world takes stock of the tragedy in Japan, attention turns to which stocks and commodities will be impacted either negatively or positively. Dow down 51.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
It started with weak Chinese trade data, and accelerated with a rating downgrade for Spain and news of shots being fired in Saudi Arabia. Dow down 228.
Wall Street was flat last night on a weaker WTI while elsewhere Brent soared, copper tanked and stocks were sold. Dow down one point.
Gaddafi ready to talk? It’s enough to see a fall in oil and thus, again, a refocus from Wall Street on what’s happening at home. Today at least. Dow up 124.
The oil price fell and rose and fell again last night as investors continued to jump ship, with metals now joining in the selling. Dow down 79.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Talk of a peace deal in Libya and a surprise fall in jobless claims had Wall Street looking inward last night at the strength of its own recovery. Dow up 190.