Wall Street extended its rally last night as suddenly the world doesn’t seem so bad after all. Dow up 240.
Wall Street managed to hold onto Tuesday’s gains last night. Dow unchanged. (Locked for subscribers until 10:00 AEDT)
Good news for the financial sector flipped the market last night sending short-coverers scrambling. Dow up 380. (Locked for subscribers until 10:00 AEDT)
Wall Street traded down last night largely because there was no reason to trade up. Dow down 79.
Wall Street ended the worst week of 2009 with a half-hearted rally. Dow up 32.
TD Securities have gone on record, predicting three 25bp rate cuts in the next three months as the view on the Australian economy darkens.
With no Chinese stimulus package forthcoming, Wall Street went back into fear mode last night. Dow down 280.
Some positive hints from China provided Wall Street with a long-awaited bounce as commodities soared. Dow up 150.
Westpac economist Bill Evans has been talking to Americans about both our markets.
Wall Street fought back from new lows last night as presidents, treasury secretaries and Fed chairman all had something to say. The Dow closed down 37 as analysts contemplated the significance of a twelve-year low.