Markets are not known for their consistency. Last night, the US market went up 148 points very quickly, then slid back into the red, only to close up 76 points.
Dow Jones
Dow cracks 10,000: Who cares?
So the Dow has hit 10,000 for the first time this year. It may make big headlines, but most traders on Wall St won’t pay much attention.
The Dow 10,000: as told in headwear
In what evidently passes for “fun” on Wall St these days, traders have taken to wearing commemorative caps to celebrate each time the Dow cracks 10,000. The WSJ has a great gallery of the wacky funsters and their stockmarket silliness.
media death watch Far Eastern Economic Review to close
Publisher Dow Jones is canning its excellent Far Eastern Economic Review journal after 63 years. Although now a skeleton of its former self, the publication will leave a large hole in the pan-Asian press industry, which can hopefully be filled by the WSJ Asia.
Where $1000 buys … less than $1000
Vanity Fair charts what would have happened to a person’s $US1,000 if they’d invested it in new establishment businesses from Amazon to Apple at the height of the market, October 2007.
Climate change: can its days be numbered?
Imagine a climate change index, Dow Jones style. Scientists would continuously update the index, providing a timeline for policy makers and the public on the impact and possibly future direction of climate change.
Closures, cuts and sales, Murdoch’s new reality
The pace of change is picking up at News Corp, with some significant cost cutting and other revenue enhancing decisions made, under way, or imminent.
Wall St giddy on the fumes of recovery
Wall Street had its best session for months overnight, but trouble may still lie ahead, writes Glenn Dyer.
Wall St’s 257-point rally
Gains by tech and financial stocks saw the Dow Jones jump 3%, or 257 points, overnight — its biggest one-day gain in almost four months.
Google is a ‘digital vampire’, says WSJ publisher
By profiting from content it doesn’t produce, Google is “sucking the blood” out of the newspaper industry, says Wall Street Journal publisher Les Hinton.
News Corp’s very gloomy March quarter filings
News Corp has fleshed out the poor performance of its newspaper and US TV businesses in the March quarter in its more detailed quarterly filing.
Morning Market Report: Dow up 214
A four month high for the Dow as all sectors are up.
Wall Street has best close in four months
One Wall Street trader said the market was suggesting that most money-centered banks would “earn their way out” of the crisis, no matter what the government’s stress test results are.
Morning Market Report: Swine flu paranoia hits markets
A wrap of the market’s movements, including the effect of “Bird flu” paranoia building in the market.
Morning Market Report: All sectors bar telecom and healthcare up
The market is up 27. The SFE Futures suggested a 45 point rise this morning. All sectors bar telecom and healthcare up. Property leading the way — up 2.9%. Banks mixed — NAB down 1.4% and CBA up 1.4%.
Morning Market Report: Positive broker comments for Telstra
Telstra got a boost after the government scrapped the National Broadband Network RFP process and announced its intentions to instead undertake a $43bn national “super-fast” broadband network.
Sharemarket boomlet will end in tears
The rising sharemarket is ignoring the shaky fundamentals that continue to haunt the global economy, writes Glenn Dyer.
Morning Market Report: BEN gets crushed
Bendigo and Adelaide Bank (BEN) getting smashed after releasing its Trading Update.
Kohler: All spin, no substance emerging from G20
I have devoted a couple of hours this morning to trying to figure out what has changed from the G20 — hours I will never get back. I think it is all just spin, writes Alan Kohler.
Morning Market Report: OZ Minerals gets another chance
OZ Minerals have been granted another debt extension by their bankers this morning after China’s Minmetals re-jigged their US$2.6bn bid for the zinc-copper miner.
Morning Market Report: Dow Jones down 254
Marcus Padley reports on the highs and lows of today's markets.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
