News from the world’s financial markets by stock market expert Marcus Padley.
The market is down 35. SFE Futures were flat this morning. Dow Jones up 1. The Dow was down 32 at worst and up 46 at best. The Dow managed to claw back some small gains after losing 277pts last week, volumes were light and bond markets was closed for the veterans public holiday. Markets were cautious […]
The market is up 1. SFE Futures were down 15 this morning. Dow Jones up 4. The Dow was down 68 at worst and up 79 at best on the back of some better then expected economic data from the US. With some pleasing economic data coming in last week global markets were still cautious post […]
The market is down 27. SFE Futures were down 40 this morning. Dow Jones down 121. The Dow was down 121 at worst and up 48 at best. The Dow closed on its lows, US economic data came in better than expected but markets were still focused on the ‘fiscal cliff’ with tax increases and […]
European markets and oil also down heavily on the re-election of president Obama, with the focus in Washington, and on Wall Street now on the upcoming "fiscal cliff", with $US600 billion of spending cuts and tax increases that could force the US economy into a fresh recession.
The market is up 10. SFE Futures were up 13 this morning. Dow Jones up 133. The Dow was up 178 at best. US markets started off the session well with the Cincinnati Enquirer website posting that Romney had a considerable lead over Obama in Ohio; the newspaper later retracted the claim, and said that […]
The market is down 4. SFE Futures were down 3 this morning. Dow Jones down 139. The Dow was down 156 at worst and up 57 at best. US markets started the session on healthy gains with the Non-farm payroll numbers coming in better then expected but the unemployment rate was up to 7.9% from 7.8%. […]
The US consumer confidence reading came in at 72.2 for October; this was the best reading since February 2008.
US markets were closed for a second day as Hurricane Sandy hit the north-east region. Markets are scheduled to re-open tonight in the US.
The market is up 20. SFE Futures were up 7 this morning. Dow Jones was closed. US markets were closed as New York battened down the hatches for the approaching Hurricane Sandy, which is expected to come ashore late Monday US time. The hardest hit region is now expected to be southern New Jersey, potentially […]
Markets had an eye on Hurricane Sandy, given the nickname "Frankenstorm", which could potentially become the worst storm to hit the US northeast in 100 years. US exchanges at this stage say the storm will not impact normal trading hours.
