The Overnight Report

Just when it looked a Greek rescue plan was in the bag, the ECB slammed the EU and spooked Wall Street, turning a 120 point Dow rally into a flat session.

Portugal is back in the spotlight, Greece is unresolved, a US Treasury bond auction went very poorly last night and US economic data were not great either. Of course you’d buy the dollar. Dow down 52.

Are investors now worried they’re missing out? Dow up 102.

The passage of the healthcare bill sparked a rally on Wall Street not all were expecting. Dow up 43. (Locked for subscribers until 10:00 AEDST)

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

The Dow posted its eighth straight rise last night, adding another 45 points despite a flat S&P 500.

Ongoing momentum saw the Dow at a new one-year closing high last night, up 47.

The Fed’s broken record was enough to send the S&P through its 1150 resistance level last night. Dow up 43.

Mixed data and uncertain external influences meant another low volume, low volatility session on Wall Street last night. Dow up 17

Citigroup’s successful preferred issue has provided relief, but stocks are still struggling to find impetus despite a late burst. Dow up 44.