Wall Street closed mixed overnight as markets grappled with weak earnings reports and data that supported the possibility of sustained low interest rates. The Dow tumbled 367 points (-1.12%). Up just 3 points at best. Down 457 points at worst. The S&P 500 erased earlier gains and fell 0.48%, while the NASDAQ added 0.38% amid mixed earnings reports.
US markets closed mixed on Friday night after markets digested hot inflation and consumer spending data with company earnings reports. Dow Jones lost 367 points (-1.12%), the S&P lost morning gains to close down 0.48% and the NASDAQ rose 0.38%. The Dow was dragged lower by Chevron (-6.72%), and the NASDAQ mainly lifted due to big jumps in Amazon (+6.8%) and Intel (+9.29%). In Europe, markets also fell. DAX down 0.3%, STOXX 600 down 0.84% and FTSE down 0.9%.
Gina pounces on AZS,
CXL gets its own Heirloom.
Nickel market in a state of flux.
Threats to iron ore producers from green policies.
Usual US Check Ins
IMARC Resource Conference kicks off tomorrow.
A pretty sorry week. Another sorry night. SPI Futures down 67, setting us up for…
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ASX 200 closed up 15 points at 6827 (0.2%) down only 1% for the week.
ASX 200 closed up 15 points at 6827 (0.2%), down only 1% for the week.…