Charlie Chartchecker finds US equities continue to attract support and sellers are nowhere to be found.
China raised rates again last night but an increasingly insular Wall Street was more excited about burger sales. Dow up 71.
BTIG Chief Market Strategist Mike O’Rourke explains why he believes equities will start encountering headwinds.
Oil prices have again pushed above the US$100 per barrel mark but in the view of Barclays Capital this is unlikely to derail the economic recovery or US consumption.
M&A drove Wall Street higher yet again last night as other markets took a breather. Dow up 69. (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.
A brief look at important company events and economic data releases next week.
Ben Bernanke’s “meet the press” turned a wary Wall Street around last night to a modest gain. Dow up 20.
Australian equity indices closed slightly lower in 2010, underperforming many global markets. Analysts debate whether that trend may reverse in 2011.
Previously peaceful protests in Egypt turned into clashes last night reflecting anger over Mubarak’s failure to step down. Global financial markets held their breath. (Locked for subscribers until 10:00 AEDST)