All went a bit quiet last night as the world awaits the Fed chairman’s testimony to Congress, beginning tonight. Dow down 32. (Accessible only for subscribers before 10:15 AEST)
A benign Chinese GDP, more solid earnings results and mixed economic data were enough to see Wall Street graft further ahead. Dow up 19. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street hit blue sky once more last night as new all-time highs in the S&P and Dow signalled the end of the tapering fear pullback. Dow up 169. (Accessible only for subscribers before 10:15 AEST)
Forget the minutes, Bernanke is not ready to start tapering, it would appear. Wall Street flat on close, but up in the after-market. (Accessible only for subscribers before 10:15 AEST)
Optimistic expectations for the earnings season are leading Wall Street back toward all-time highs. Dow up 75. (Accessible only for subscribers before 10:15 AEST)
Global markets saw reversals to a degree from Friday’s initial US jobs responses as America returned to work last night after the break. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
An easing of tension in Egypt, an easing of political tension in Portugal, and dovish commentary from both the ECB and BoE sent European stocks soaring last night in thin trade. (Accessible only for subscribers before 10:15 AEST)
Strong jobs numbers sent Wall Street off to a positive holiday break, while Egypt took focus and European issues resurfaced. Dow up 56. (Accessible only for subscribers before 10:15 AEST)