United States

A combination of positive economic data, positive bank news, and Greek faith spun markets around in a big way last night as risk appetite returned. Dow up 169.

A brief look at important company events and economic data releases next week.

The EU solution for Greece did not convince Wall Street. Jobs numbers were needed to spark short-covering. Dow up 105.
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A leaked Chinese directive indicates China is set to move its vast foreign reserves away from risk assets.

Wall Street rapidly emptied last night ahead of the incoming blizzard. In the meantime it’s a Greek waiting game. Dow down 20. (Locked for subscribers until 10:00 AEDST)

Wall Street rallied strongly last night on rumours, but not confirmation, that Germany was preparing to guarantee Greek debt. Dow up 150.

The Dow broke its psychological support level last night and accelerated to the down-side as ongoing concerns continue to drive risk aversion. Dow down 103. (Locked for subscribers until 10:00 AEDST)

Stocks end higher on Friday after waging a dramatic comeback in the final hour of trade. Dow up 0.1%, while Nasdaq flies 0.75%.

A brief look at important company events and economic data releases next week.

Sovereign debt fears are snowballing in Europe, Sino-US relationships are edgy, and signs are tonight’s US jobs number may disappoint. Dow down 268.