The Overnight Report

While stocks recovered from a weak US consumer confidence survey the US dollar fell, allowing gold to push through the US$1300 mark. Dow up 46.

Moody’s and Bob Prechter conspired to send Wall Street lower last night after the big Friday rally. Dow down 48.

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

Stocks were wary but commodities went for a run last night as the world weighed up the prospect of more Monopoly money in the system. Dow down 21. (Locked for subscribers until 10:00 AEST)

No QE2 yet, but at the ready to attack not just economic contraction but simple low inflation. Dow up 7.

NBER last night declared the US recession over. Wall Street responded accordingly despite NBER’s revelation the recession actually ended in June 2009. Dow up 145. (Locked for subscribers until 10:00 AEST)

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

The S&P 500 is stuck at its 200-day moving average with mixed data and lack of volume providing little in the way of direction from here. Dow up 22.

While Wall Street was stronger on IP data, volumes were low and other markets stood still as authorities tinkered or are anticipated to tinker. Dow up 46.

Gold reached a new record high last night as confusion reigned elsewhere across markets. Dow down 17.