The Overnight Report

Wall Street followed Australia up last night on Chinese data and the Basel III regulations. Dow up 81.

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

With Jewish New Year in swing, lack of volume is affecting meaningless movement on Wall Street, although the bond sell-off is hotting up. Dow up 28.

A successful Portuguese bond auction allayed fears last night while the Fed Beige Book told us nothing we didn’t already know. Dow up 46.

Questions over European bank stress tests saw Wall Street sell off last night amidst minimal volume. Dow down 107.

Markets took a breather last night with the US closed for the Labor Day holiday.

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

More positive data last night has Wall Street primed for good news tonight on the jobs front, as a late rally suggests. Dow up 50.

Wall Street cherry-picked the good news last night from China, Australia and locally to stage a 254 point Dow rally. (Locked for subscribers until 10:00 AEST)

Wall Street closed flat last night ahead of important data this week, with Dow 10,000 still the line in the sand.