News from the world’s financial markets by stock market expert Marcus Padley.
The market is up 29. SFE Futures were up 23 this morning. Dow Jones was up 37. The Dow was up 77 at best and down 23 at worst in another volatile session. The Dow closed above 13,000 for the first time in three weeks with further talks surrounding the US “fiscal cliff”. Republican House […]
The market is up 15. SFE Futures were up 18 this morning. Dow Jones was up 107. The Dow was down 113 at worst and up 111 at best. US markets managed to post gains for the first time this week. It was a volatile session with markets hearing further comments on their fiscal restructure […]
The reports out of Europe that the IMF and Eurozone finance ministers had agreed on terms of the next instalment of Greek bailout funds did little to boost US markets.
The market is up 31. SFE Futures were up 5 this morning. Dow Jones was down 42. The Dow was down 110 at worst. Global markets have begun the week on a cautious note although our market has been lifted today by a Greek deal — European officials have struck a deal this morning to […]
The market is down 8. SFE Futures were up 4 this morning. Dow Jones was closed for Thanksgiving, the US market will re-open for half a session on Friday. European markets up on some mixed PMI data. Base metals were up on the back of the improving trend in the November “Flash” HSBC PMI number […]
The market is up 56. SFE Futures were up 25 this morning. Dow Jones up 48. US markets up on low volumes ahead of their Thanksgiving public holiday (US markets closed tonight with a half day on Friday) and on some better than expected economic figures. The US leading index was up 0.2% in October […]
The market is up 2. SFE Futures were up 2 this morning. Dow Jones down 7. The Dow was down 95 at worst and up 13 at best. US markets traded higher early in the session with Building Permits and Housing Starts coming in better than expected suggesting the US housing market is recovering, following […]
The market is up 11. SFE Futures were up 12 this morning. Dow Jones up 46. The Dow was up 62 at best and down 71 at worst. US industrial production came in at -0.4% for September after +0.2% in October although the Federal Reserve said that hurricane Sandy reduced the number by around 1%. US […]
The Eurozone has slipped into recession in the third quarter, with the eurozone economy shrinking 0.1% compared with the three months to June when it contracted 0.2%. Recession is defined as two consecutive quarters of decline, putting the eurozone technically in recession.
The market is down 36. SFE Futures were down 185 this morning. Dow Jones down 185. The Dow was up 42 at best and down 214 at worst. US markets were off to a good start despite retail sales coming in below forecasts. The Dow then tracked down all day. The FOMC meeting minutes were […]
