The Overnight Report

Gold surged last night on rumours of the Middle East dumping the US dollar, while Australia’s rate rise was the talk of the town. Dow up 131.

The latest micro-pullback seems over as economic data and an upgrade for banks snapped Wall Street back into buying mode. Dow up 112.

Stocks struggled early on a poor unemployment read and despite some afternoon resilience, late selling ensured a negative close.

Courageous is he who calls the pull-back in this market. Dow down 203.

Poor US data sent Wall Street dropping early but a weak dollar came to save the day. Dow down 29.

A weak consumer confidence number quashed Monday’s enthusiasm last night. Dow down 47.

Stocks shot higher overnight on M&A activity but the US dollar finished higher as well. Dow up 124.

It was a tough week on Wall Street that ended on a sour note, with bad economic news continuing to flow and traders continuing to sell.

A drop in home sales sent the US dollar up and commodities well down last night. Dow down 41.

A positive statement from the Fed sent Wall Street crashing from its highs. Dow down 81.