Wall Street has shrugged off Libya and turned back to local data in providing a solid month-end. Dow up 95.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Oil and stocks rocked and rolled last night on the Twitter-flow of rumours out of Libya. Dow down 37. (Locked for subscribers until 10:00 AEDST)
Saudi Arabia has moved to head off revolt with a huge social assistance package while the madman is still ranting in Libya. Oil surged last night, Wall Street fell. Dow down 107. (Locked for subscribers until 10:00 AEDST)
Having missed a session for Presidents’ Day, Wall Street’s 2% plunge last night brought it into line with world markets in reaction to the Libyan situation. Dow down 178.
Consumer Metrics Institute’s Rick Davis questions whether well-off Americans could be distorting economic data surveys in the US.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Wall Street again looked at local data and earnings for solace to post a slight gain despite protest deaths in Bahrain and Libya. Dow up 29.