Philip Chua Business Blog

Posts Tagged ‘Dow’

The Japanese yen relinquished some of its recent strength versus the greenback in the Wednesday session, shedding almost 1%. Meanwhile, the major currencies were marginally higher against the dollar, with the British pound edging up by 0.35%. US equities also recouped from earlier losses, finishing slightly higher as the Dow

US economic data (personal spending, factory orders, home sales) and earnings (Dow Chemical, Procter and Gamble) results presented mild disappointments to investors. The S&P500 is currently down 0.4%, a relatively modest reaction consolidating the past two days of gains. Commodities overall are unchanged, oil (+1.5%) making a fresh 2 1/2

DO WE need a 'wall' on Wall Street? The question looms after traders' computers spiralled out of control and sent the Dow Jones Industrial Average into a nearly 1,000-point plunge last week. It appears that Wall Street is becoming less a place where businesses raise capital and more a traders' playground. Billion-dollar investors and their million-dollar computers are an expanding reality in sto... more

The stock market is closed and the bond market will close early for Good Friday. On Thursday, the Dow industrials rose 70 points to a 2010 high on the final day of a shortened week.









Good Friday – Stock market – Bond market – Business – Investing

The dollar has been firm this week. The upbeat equity market could have supported the greenback: the Dow is now heading towards the 11000 mark, and would thus return to pre-Lehman levels. But the main impetus came from Europe. The to-ing and fro-ing in the eurozone on the issue of…

THE Dow Jones Industrial index saw its bull run of eight straight days of gains interrupted last Friday, and investors should not be surprised if traders hit the pause button on the rally a few days longer.
The coming week may just contain enough unsettling developments from Washington, DC and Europe in a week otherwise devoid of market-moving numbers.
‘A pause this week won’t surprise or distress… more