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Australian Market Report of November 19: Looking For Renewed Direction

🕔11/19/2009 1:00:20 PM 15071

Wall Street broke its winning streak and closed lower overnight after a disappointing report showed US housing starts fell 10.6 per cent in October and permits fell 4.0 per cent. The tumble suggested that the real estate sector is still under pressure.

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Australian Market Report of October 12: Watching the US Earnings Results

🕔10/12/2009 1:00:00 PM 19864

Dow index hit a fresh 2009 high on Friday after the earnings season kicked off. Upbeat forecasts on IT giants IBM and Intel fueled the market's growing expectations over a profit recovery. S&P's 500 and Nasdaq both gained more than 4.5 per cent for the week.

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Australian Market Report of August 13: US Economy Stabilizing

🕔8/13/2009 11:15:11 AM 20469

US stocks surged overnight as the Federal Reserve said the economy was leveling out, and it left interest rates unchanged at the end of its two-day policy meeting.

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