News from the world’s financial markets by stock market expert Marcus Padley.
The Market is up 6. Dow Jones was up 49. SFE Futures were down 9 this morning. The Dow was up 79 at best as snowstorm Nemo developed on the east coast of the US with a foot of snow in New York and two feet in Boston slowing things down a bit. The S&P […]
The Market is up 15. Dow Jones was down 42. SFE Futures were down nine this morning. The Dow was down 134 at worst and up two at best on stronger economic data and comments from the ECB about the Euro rise being a concern. Weekly jobless numbers were down 5000 to 366,000 in the latest […]
The market is up 6. Dow Jones was up 7. SFE Futures were up 7 this morning. The Dow was up 14 at best and down 66 at worst in a quiet trading day. No major economic data released. Some political uncertainties in Europe. Best sectors — Utilities (+0.3%), Basic Materials (+0.2%) and Telecoms (+0.2%). Worst […]
The market is up 42. Dow Jones was up 99. SFE Futures were up 20 this morning. Retail trade figures for December are out today — they fell by 0.2% against forecasts of a +0.3% gain. The retail stocks seem unaffected. The A$ is down as the chances of another rate cut just went up a notch. […]
The market is down 31. Dow Jones was down 130. SFE Futures were down 35 this morning. The Dow closed on its lows and registered the biggest intraday fall for 2013 pulling back below 14,000 after breaking through on Friday. Volumes on Wall St were slightly below average. Markets were spooked by political and financial […]
The market is up 4. SFE Futures were up 5 this morning. US market up 149. The Dow was up 159 at best with jobs numbers below expectations (but last month’s revised up) and some major local economic data coming in better than expected and company earnings continued to beat analyst’s forecasts. US non-farm payrolls were […]
The market is up 31. SFE Futures were up 5 this morning. Dow was down 50. The Dow was up 31 at best and closed on its lows. Markets saw lighter volumes as Wall St awaits the non farm payrolls data due out tonight, the previous reading was 155,000 and the forecast is a lift […]
The market is down 18 breaking a ten-day run of gains not seen since 2003. SFE Futures were down 5 this morning. US market down 44. The Dow was down 57 at worst and up 12 at best on more mixed economic data and company earnings. Nine of the ten S&P500 sectors finished down. The Advance […]
The market is up 10. 55 stocks in the All Ords hit 52 week highs yesterday including all the major banks, Telstra, WES, WOW and MYR. The market is up 22.7% from the low on June 4. The recent strength is seen as a reflection of the weight of money finally coming out of bonds […]
The market is up 37. SFE futures were down 3 this morning after rising 29 on Monday — net up 26 over the two days. US market down 14 after a 70 point rise on Friday. The Dow closed down last night for the first time in 7 sessions. The Dow finished up 1.80% last […]
