DOW Jones back close to 22000 levels – but for how long this time? The Dow Jones Industrial Average on Friday 1st September moved to just under 22000, but only just. It closed at: 21987 but with intra day highs above 22000. The NASDAQ closed at a record high of: …

NYSE closed for Labour Day The New York Stock Exchange (NYSE) will be closed on Monday 4th August for US Labour Day. After this holiday its back to the grindstone as there are no more breaks until the Christmas holidays!

Asian markets follow Wall Street up Asian markets continued to edge up a little on Friday (01/09/17) following Wall Street after positive Chinese manufacturing data. Chinese shares moved higher. Hong Kong’s Hang Seng remained flat. Japan’s NIKKEI climbed 0.2%.    

US Non-farm payroll data due (01/09/17) The outlook for US  inflation remains uncertain but US employment data continues to improve. Data released in the US later today will be closely watched by investors. I’ll come back to this post later.

Wall Street up on US tax reform agenda The DOW Jones Industrial Average (DJIA) picked its way through the trading day to close up at: 21952. The revision of GDP figures up and the renewal of election tax reform promises pushed the DOW ever closer to 2200o again. The S&P …