News from the world’s financial markets by stock market expert Marcus Padley.
Macquarie interim result ... AMP third quarter update ... BHP AGM in London ...
ANZ Bank FY results ... Wesfarmers 1st Q sales ... Amcor AGM ... Mirvac 1st Q update ...
US markets began the session with an opening sell-off after more disappointing local third quarter earnings numbers, doubts over the future of the EU bond bailout program and Moody's downgrading five Spanish regions.
Apple was up 4.0% -- they are expected to unveil a smaller version of the iPad tomorrow in the US.
US equities were sold off heavily on Friday on the 25th anniversary of the 1987 share market crash, some disappointing third quarter company earnings results and some profit taking on European markets.
The US leading index was +0.6% for September which was the strongest gain since February.
Australian and US markets rallied ... 1Q results for BHP, Tabcorp ... Stockland, CSL AGM ...
Market bounces ... Goldman Sachs earnings out tonight ... Telstra AGM ...
Wells Fargo, JP Morgan and Bank of America earnings ... China's trade surplus ... Metals down ...
The market is up 10. SFE Futures were up 1 this morning. Dow Jones down 19. The market was down 19 at worst and up 84 at best. The Dow opened up and was then in downtrend for the majority of the day to finish near its lows for the fourth consecutive day. Initial […]