United States

Any US recovery remains a long process, so the Fed will be in no hurry to lift interest rates, Morgan Stanley says.

Some good earnings results, a positive bond auction, and a Bernanke denial broke the spell of nervousness last night. Dow up 170. (Locked for subscribers until 10:00 AEST)

While the market has recently been considering the potential of interest rate hikes in the US, Westpac argues such a move remains some way off given the state of the economy.

The economy is stabilizing and inflation is not a threat, says the Fed. Dow down 23.

Wall Street corrected after Monday’s fall, at least enough to hold steady on the session all up. Dow down 16. (Locked for subscribers until 10:00 AEST)

Speculation the US Federal Reserve will announce an exit strategy for its quantitative easing program is impacting on investor risk appetite.

The US share market is about to generate a so-called Golden Cross, a bullish technical signal for longer term investors.

The Dow struggled, while the broader market pushed a little higher on a quadruple witching day bereft of the normal volume and volatility. Dow down 0.2%.

Some positive economic data helped Wall Street to a welcome up-day. Dow up 58. (Locked for subscribers until 10:00 AEST)

In predicting the shape of the US recovery, GaveKal eschews the V or W for the square root sign school.