Guest Posted September 5, 2005 Report Share Posted September 5, 2005 http://quote.yahoo.com/m2?u Link to comment Share on other sites More sharing options...
Guest Posted September 5, 2005 Report Share Posted September 5, 2005 http://money.cnn.com/markets/morning_call/ http://www.kitco.com Energy futures Link to comment Share on other sites More sharing options...
Guest Posted September 5, 2005 Report Share Posted September 5, 2005 I thought it would be a quiet, flattish day due to Big Bro being closed but it's pretty much a selloff across the board. All Ords -0.5%, 3 green sectors but only one that's doing ok, Utilities, +0.6%. The other 2 are flat to minimally green. The Telecom sector bit the dust in a big way, -4.2%, thanks to bellwether Telstra dropping like a stone. The miners are way down, in spite of pog looking pretty good. The Energy sector -1.1%, following energy futures down. Asia failing to levitate... Link to comment Share on other sites More sharing options...
Guest Posted September 5, 2005 Report Share Posted September 5, 2005 All Ords found some support and came off the lows to close -0.4%. Utilities continued to lead, +1.1% and Telecom stayed way down, -4.5%. Miners did it tough: BHP -1.8% and the golds down over 1%. The Energy index closed -0.9% but the major oils all down 2-3%. Europe opens up: http://quote.yahoo.com/m2?u Link to comment Share on other sites More sharing options...
capitall Posted September 5, 2005 Report Share Posted September 5, 2005 Just to let non-US folks know. Since today is Labor Day, US markets are closed, while others are open. Probably for that reason, the Mark to Market board hasn't closed for the weekend, and is continuing this morning, even though it usually doesn't continue on Sunday nights and Monday mornings. So if you want to flip back and forth from here to there, you can have the benefit of both market discussions today. Link to comment Share on other sites More sharing options...
Hiding Bear Posted September 5, 2005 Report Share Posted September 5, 2005 Thanks capitall and aussiebear. The effects of Hurricane Katrina on the US economy are being grossly understated in the media, while the focus is on the rebuilding effort. Unfortunately, the victims have not yet all been found, so I find this optimism misplaced and early. Key to the stock market will be whether the Fed and Treasury take the inflation route to counter the slumping economy, and the answer is - they probably will. Should be an interesting week ahead. Link to comment Share on other sites More sharing options...
capitall Posted September 6, 2005 Report Share Posted September 6, 2005 Am asking this on both boards. What on earth is happening with the curencies? Anyone understand this? Link to comment Share on other sites More sharing options...
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