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.