Binary Options Daily Market Review

Daily Market Review 09/01/10

Better than expected Asian PMI data along with a much better than expected US ISM Manufacturing report pushed US equities up dramatically.  The ISM index rose to 56.3 in August from 55.5 the prior month. Expectation were for a declined to 53.5.  The parallel index in China clicked up to 51.7 from 51.2.  Expectations were for a declined to 51.0.  The S&P 500 Index climbed  31 points or 2.95% to close trading at 1081.

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Binary Options Daily Market Review 08/31/10

Better than expected US housing price data from Case Shiller, along with a slightly better than expected Consumer Confidence number helped keep US equities in the black for today’s trading session.  The S&p 500 was basically unchanged closing at 1049.

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Daily Market Review 08/30/10

Equity markets moved lower despite better than expected consumer spending as investors again became nervous about the fate of the US Economy.  Additionally, the cheers that where initially created by a potential BOJ emergency meeting, were turned around which created some market anxiety.  For the session the S&P 500 Index declined by 15 points.

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Daily Market Review 08/27/10

Equity markets rebounded as slightly better than expected revised GDP 1.6% from 2.4% when the market was expected a revision down to 1.4%.  Additionally, Ben Bernanke comments that the Fed would ensure a recovery in the US markets gave the markets a reason to celebrate.  For the day, the S&P 500 Index increased by 17 points to 1066.

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