United States

Wall Street fell back into defensive mode last night in a delayed reaction to last week’s jobs report. In a day of switching, Dow up 44.

Inflation is no threat to the US economy at present, according to TD Securities, so the group sees little chance of any interest rate hike for some time.

China has taken the first step towards allowing foreign cross-border flows of its currency. A first step towards a new global reserve currency?

A shock unemployment number sent Wall Street tumbling ahead of the holiday. Dow down 220.

Fannie Mae and Freddie Mac last night rolled out 125% loan-to-value mortgage refinancing.

Healthy economic data allowed Wall Street to open the quarter on a positive note. Dow up 57. (Locked for subscribers until 10:00 AEST)

Wall Street closed a strong quarter on a weak note. Dow down 80.

Wall Street traded higher last night on very light volume. Dow up 90.

For the bull market to kick on next quarter, US stock market volumes will need to pick up dramatically.

A sluggish day of sideways negative trading ended with the now usual late flurry that saw investors lock in some of yesterday’s gains. Dow down 0.4%.