Australian (ASX) Stock Market Forum

NYSE Dow Jones finished today at:

An impressive finish for Wally Street yesterday.
Picking up a reasonable amount of the earlier losses.
Has their Santa Rally started with this.??
Hard to say Mr Farmarge, I'd imagine there would be a heap of holiday pay sitting in bank accounts waiting to hit the market but when and how long of a green run I don't have any idea.

Far less impressive if you look at the market graph during the day...
But my opinion only
Dow dropped roughly 1100 points and then climbed to 600 2 days later to settle at close to about 500.

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ASX 200 expected to rebound

The Australian share market looks set to rebound on Monday following a strong finish on Wall Street on Friday.

According to the latest SPI futures, the ASX 200 is expected to open the day 11 points or 0.15% higher.

U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one.

The S&P 500 rallied 1.1% for its best day in six weeks and shaved its loss for the week down to 2%. The Dow Jones Industrial Average jumped 498 points, or 1.2%, and the Nasdaq composite gained 1%.
 
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