United States

Wall Street posted its fourth consecutive rally last night as the Fed kept rates steady and pledged to keep doing more. The Dow rose 200 points.

The Dow added another 58 points last night but this time commodities took a bit of a hit. Which data are good data?

Early losses were trimmed, but once again bank stocks led US the market lower, this time helped by the tech sector.

Global trade numbers are plummeting leading Westpac to predict global growth in 2009 will slow to just 0.5%.

Investors shrugged off the history being written in Washington, selling down finance stocks mercilessly on increasing fears of a great global recession. (Locked for paying subs until 10am).

Stocks closed higher in a turbulent session as the suspicion of more bank bailouts gave way to dim optimism for the sector.

Stocks dropped in New York last night after a bleak retail sales report and more bad news for the banks fuelled fears of a prolonged recession. (Locked for paying subs until 10am).

Stock continue to fall as investors brace for a very troubled reporting season and react poorly to ongoing uncertainty at Citi. (Locked for paying subs until 10am).

Nouriel Roubini rightly deserves the title of modern day Dr Gloom and Doom. But above anything his predictions have been accurate so far. He has just released his predictions for 2009.

Struggling retailers and renewed fears about the health of the American consumer set the pace for a mostly negative session on Wall Street.(Locked for paying subs until 10am).