A strong US home sales result and some easing of Greek concerns added further fuel to yesterday’s relief rally. Dow up 111. (Locked for subscribers until 10:00 AEDST)
A welcome bounce followed a positive manufacturing sector read in the US. Dow up 118.
After a positive start, Wall Street ends down again, with a raft of positive economic news brushed aside by an increasingly sceptical market.
Metals and equities continue their horrible streak. Experts are drawing comparisons with 2003-2004, just like your editor did on Wednesday. (Locked for subscribers until 10:00 AEDST)
Wall Street put in a late rally post Fed-announcement, but metals had a horrible session last night. (Locked for subscribers until 10:00 AEDST)
Wall Street was unable to hold on to earlier gains as investors come to realise that things are no longer the same in 2010. (Locked for subscribers until 10:00 AEDST)
Stocks were sold off for the third straight day on Wall Street, with investors brushing off mostly positive earnings on a host of issues.
Another day of strong selling saw technical support levels breached, pierced and damaged across financial assets. (Locked for subscribers until 10:00 AEDST)
The USD surged last night, pushing everything else down. (Locked for subscribers until 10:00 AEDST)
Investors chose to ignore the present and bank on a better future last night. Dow up, USD up, oil up and metals up. (Locked for subscribers until 10:00 AEDST)