United States

The Dow Jones Index now contains stocks with values under US$5. Should we really be following it?

The Dow ends down 100 points after a late bank led rally offered some false hope for a positive close.

The Dow closed down 89, triggering a technical bear signal. Oil jumped 14%.

Despite a struggling economy, floundering markets and a minuscule interest rate, the USD is likely to stay strong at least into 2H09.

Wall Street failed to be excited by Obama’s housing plan while gold has set its sights on US$1000. The Dow was flat.

President Obama signs the stimulus bill as the run on Europe begins. Dow down 300.

The passage of the US$787bn economic stimulus plan in the US garnered mixed reactions. The Dow ended 1% lower.

A late announcement on a new mortgage plan brought Wall Street back from the brink last night. The Dow rallied strongly to close down 6 points.

The Dow clawed back 50 points as agreement was reached on the stimulus bill while the TARP remains a point of conjecture.

Despite a poor Wall Street reaction, TARP II may not be nearly as disappointing as it first appears.