Markets

Feb 22, 2013

Morning Market Report

The market is up 52 following the 118-point fall yesterday and has been up 75 at best led by a bounce in the bank sector.

The market is up 52 following the 118-point fall yesterday and has been up 75 at best led by a bounce in the bank sector, which has accounted for half the market rise today. Dow Jones was down 47 overnight. SFE Futures were down 6 this morning.

The Dow was down 93 at worst on mixed economic data. The Fed Bank of San Francisco President John Williams said the Fed’s current quantitative easing program would be needed well into 2013, with “strong monetary stimulus” required to engender a sustained economic recovery.

Free Trial

Proudly annoying those in power since 2000.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions

0 comments

Leave a comment

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...