The Overnight Report

Wall Street bounced around the flatline last night, balancing economic data and news of a battle in Libya. Dow up 8.

Violent clashes in Iran; troops deployed in Oman; cleric detained in Saudi Arabia; Libyan assets frozen. Oil soars and stocks tumble. Dow down 168.

Wall Street has shrugged off Libya and turned back to local data in providing a solid month-end. Dow up 95.

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

Oil and stocks rocked and rolled last night on the Twitter-flow of rumours out of Libya. Dow down 37. (Locked for subscribers until 10:00 AEDST)

Saudi Arabia has moved to head off revolt with a huge social assistance package while the madman is still ranting in Libya. Oil surged last night, Wall Street fell. Dow down 107. (Locked for subscribers until 10:00 AEDST)

Having missed a session for Presidents’ Day, Wall Street’s 2% plunge last night brought it into line with world markets in reaction to the Libyan situation. Dow down 178.

With the US closed, stocks in Europe fell as the death toll mounted in Libya.

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

Wall Street again looked at local data and earnings for solace to post a slight gain despite protest deaths in Bahrain and Libya. Dow up 29.