The S&P 500 marked a new high last night in thin trading as a Dubai injection settled fears. Dow up 29.
Commonwealth Bank suggests the US dollar might move higher in the next few weeks, which would possibly impact on Australian stocks.
Both stocks and the dollar rose last night, with a batch of positive US consumer news providing much of the lift. Dow up 65 points.
A brief look at important company events and economic data releases next week.
Wall Street opened stronger and then proceeded to go nowhere on minimal volume. Dow up 68.
Wall Street recovered from sovereign debt fears last night, even as Spain was hit with a negative watch. Dow up 51.
The US dollar bounce continued last night as a credit downgrade for Greece invoked echoes of Dubai. Dow down 111. (Locked for subscribers until 10:00 AEDST)
A pall of disinterest settled over Wall Street last night as Ben Bernanke quelled any renewed fears of a rate hike. Dow up one point.
A surprise improvement in the US jobless rate saw stocks rally early, but a run in the greenback quickly brought the market back to earth. Dow up 22 points.
A brief look at important company events and economic data releases next week.