Wall Street was back in buying mode last night on earnings and data, ignoring a provocative move from Iran. Dow up 61.
Stocks and commodities eased back last night after a good run with US data sufficient as an excuse. Dow down 41.
It was a flat session on Wall Street but the S&P closed at 1332 compared to 666 in March 2009. (Locked for subscribers until 10:00 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
After seven days of solid gains Wall Street saw some profit-taking last night as the S&P 500 ticked lower. The Dow nevertheless managed a 6 point gain.
China raised rates again last night but an increasingly insular Wall Street was more excited about burger sales. Dow up 71.
M&A drove Wall Street higher yet again last night as other markets took a breather. Dow up 69. (Locked for subscribers until 10:00 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Previously peaceful protests in Egypt turned into clashes last night reflecting anger over Mubarak’s failure to step down. Global financial markets held their breath. (Locked for subscribers until 10:00 AEDST)
The Dow closed over 12,000 and S&P over 1300 led by strong global manufacturing and a peaceful protest in Egypt.