News from the world’s financial markets by stock market expert Marcus Padley.
The market is down 7. SFE Futures were down 2 this morning. Dow Jones down 21. The Dow was down 58 at worst and was up 22 at best. US markets started the week on a bad note, with soft leads from Europe and Australasia — all markets were down on light volumes. Utility stocks were […]
The market is down 27. SFE Futures were flat this morning. Dow Jones down 17. The Dow was down 25 at worst and up 50 at best. With no major economic data released the Dow hit the intraday high at the start of the trade before drifting lower to the close. Over the week the Dow […]
The market is up 15. SFE Futures were up 12 this morning. Dow Jones up 19. The Dow was up 21 at best and down 75 at worst. US markets were off to a slow start after bearish data from around the world including the Chinese Flash PMI number from HSBC, which hit a 10-month low […]
The market is down 12. SFE Futures were down 5 this morning. Dow Jones up 13. The Dow was up 62 at best and down 8 at worst. Oil down $6.47 to $91.84. US markets opened on a higher note after the Bank of Japan joined the ECB and FOMC in their promises to support markets […]
The market is up 6. SFE Futures were down 1 this morning. The ASX 200 has traded in a small 14 point range today. Dow Jones up 12. The Dow was up 29 at worst and down 35 at worst. US markets were generally quiet with no major corporate data released. Affecting the market today was […]
The market is down 9. SFE Futures were down 1 this morning. Dow Jones down 40. The Dow was down 60 towards the end of trade as the index trended down all day. With no major economic data released (just a weak NY Manufacturing index) the trend was mainly put down to profit taking with the […]
The market is up 12. SFE Futures were up 20 this morning.
The FOMC surprised the markets by announcing a new limitless quantitative easing program.
The news that the German Constitutional Court had not blocked the ratification of the European Stability Mechanism (ESM) helped sentiment but did not provoke much buying on global markets.
The Dow was up 100 at best before drifting back to close at its highest level in almost five years.
