A cautious Wall Street awaited an after-market announcement from the Republicans. Dow down 88.
The Consumer Metrics Institute in the US is observing some positive trends across its surveys into online spending.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
If copper continues leading equities the latter should see some rallies ahead, suggests analysis by ATW’s Jerry Simmons.
US equities are repeating the experiences of 2009 and 2010, report technical analysts at Barclays. This is a positive for later this year.
PFP Wealth’s Tim Price remains of the view the supportive backdrop for precious metals remains compelling.
Wall Street marked time last night, awaiting tonight’s meeting in Europe and fresh meetings in Washington. Dow down 15.
CIBC World Markets expects the euro, yen and Australian dollars will all end the year weaker against the greenback.
Apparent resolution in Washington and a back-down from the ECB combined with strong US earnings to produce the best day for Wall Street in months. Dow up 202.
Market analysts at FXCM see two possible scenarios with respect to the formation of a pattern on the SPX500, allowing traders to plan their next move.