Wall Street was back in buying mode last night on earnings and data, ignoring a provocative move from Iran. Dow up 61.
Stocks and commodities eased back last night after a good run with US data sufficient as an excuse. Dow down 41.
It was a flat session on Wall Street but the S&P closed at 1332 compared to 666 in March 2009. (Locked for subscribers until 10:00 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Consumer Metrics Institute offers some observations and insights on any boost to US consumer spending coming from strategic defaults and mortgage delinquencies.
A brief look at important company events and economic data releases next week.
Investment U’s Marc Lichtenfeld advocates taking a longer term view for investment portfolios and strategies.
Market analysts at GaveKal contemplate whether commodity prices might be peaking.
ATW’s Jerry Simmons explains how and why his technical analysis suggests equity markets might be poised for a larger correction.
After seven days of solid gains Wall Street saw some profit-taking last night as the S&P 500 ticked lower. The Dow nevertheless managed a 6 point gain.