News from the world’s financial markets by stock market expert Marcus Padley.
US markets closed mixed (Dow down S&P 500 up) with disappointing ISM manufacturing number.
Dow Jones closed up 278 on its high of the day up 278 points on the back of developments at the EU summit.
US markets all finished up on light volumes.
All US markets were down over 1% on more bad news from Europe.
Moody's downgrades of 15 major global bank ratings were not as bad as expected.
US markets were all down with the worst single day losses since December.
US markets were flat post the Federal Reserves Open Market Committee's (FOMC) statement.
Wall St up on hopes for a Quantitative Easing announcement at the conclusion of the FOMC meeting tonight.
Dow Jones down 25. The Dow was up 14 at best and down 71 at worst.
All focus was on Greece and the lead up to their election. U
