Dow and nasdaq made new highs, volume ordinary, market breadth expanded, mcclelland oscillator turns positive for first time in months, financials and brokers stars of the session. Copper up, oil off. USD index bounces a little.
And this was on the night citigroup announced a 60% drop in profit for the quarter and the ISM showed slower manufacturing growth.
I guess this means that the market is now discounting subprime and credit crunch effects at least 100%, if not being an actual advantage cos of the rate cut effects.
Dow and nasdaq made new highs, volume ordinary, market breadth...
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Last
7,749.7 |
Change
34.200(0.44%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,715.5 | 7,777.8 | 7,714.0 |
| XJO (ASX) Chart |