The Dow closed up 194 and was up 210 at best for its biggest one day rally in a month on a successful Spanish Bond auction.
Columns / Morning Market Report
News from the world’s financial markets by stock expert Marcus Padley.
Markets up, Nasdaq follows Apple down
The S&P 500 ended the day flat, while the Nasdaq was down 0.8% as Apple fell 4%.
Weak Chinese GDP numbers drive markets down
The Dow closed down 137 on Friday on weak Chinese GDP numbers for March (announced on Friday in our session) .
US QE prospects rallies markets
The US market rallied on the prospects of more quantitative easing by the Fed after this morning’s initial claims and PPI data fell short of estimates.
Markets rebound as slump ends
The Dow closed up 89 and halted the longest slump of the year
A surge in Spanish and Italian bond yields cause market panic
The Dow closed down 214 after a surge in Spanish and Italian bond yields fuelled concerns that Europe’s debt crisis is worsening.
Markets continue down after poor US jobs data
The S&P 500 closed down 1.14% after disappointing jobs data released Friday.
Markets continue to fall on continued weak sentiment
The S&P 500 closed down 1% for the year’s second largest fall on continued weak sentiment after the FOMC on Tuesday shot down hopes of further stimulus measures.
FOMC statement drives markets down
The Dow closed down 65 overnight after the Federal Open Market Committee statement.
Markets up everywhere but will the RBA leave the interest rate unchanged?
The Dow closed up 52 overnight while the S&P 500 was up 0.75% and the Nasdaq up 0.91%. European markets were higher.
S&P 500 with strongest quarter in over two years
The Dow closed up 66 on Friday and was up as much as 79. The S&P 500 closed up 0.4% to end its strongest quarter in more than two years.
Euro markets down but Dow rallies late
The Dow closed up 20 on a late rally as it recovered from being down as much as 94.
Markets follow China down
The Dow closed down 72 and was down 128 at worst having been up 15 on the open. Chinese market down 2.68% yesterday.
Markets lift after RBA report
From a quiet open the market has lifted post the RBA’s financial stability report.
Upbeat Bernanke comments push markets up
The Dow rebounded from its worst week this year on upbeat economic comments from Ben Bernanke.
Gold price rallies, markets close down
The gold price was up $19.90 to $1662.40 for its largest one-day gain in a month.
Weak economic data drives markets down
The Dow closed down 78 and was down as much as 107 on weak economic data out of Europe and China.
Markets up, S&P 500 up 11.6% this quarter
The Dow closed down 45 having been up 20 and was hurt by a last minute selling burst.
Dow now up 100% from 2003 low
Dow is now up 100% from the March 2003 low.
Morning Market Report
The market is up 28. The SFE Futures were up 30 this morning. The Dow closed down 20 after being up as much as 36 early in the day. The S&P 500 closed up 0.11% to record its best gain in three months. It was its fifth straight week higher. European markets were higher for […]
An expected Greek bailout approval shores up markets
EU Ministers should approve the Greek bailout on Wednesday.
Good news in Greece actually gilding the lily
The market is up 18. The SFE Futures were up 33 this morning. The Dow closed up 71 and was up 100 at best as Greece completed a deal with its private creditors. The Greek Finance Minister was all smiles and kisses in the Greek parliament after the swaps deal declaring that “For the first […]
Markets rebound on renewed Greek talks
The Dow rebounded from its worst fall of the year a day earlier on renewed hopes that the Greek swap deal will get over the line after all.
Political snippets: Oz markets down after Dow’s worst day of the year
The Dow closed down 204, its worst single day this year, on a number of concerns.
Morning Market Report
The market is down 37. The SFE Futures were down 15 this morning.
