telling last hour in usa markets

  1. 9,081 Posts.
    "Sydney - Thursday - January 20: (RWE Australian Business News) -
    Another flood of quarterly earnings results produced some disappointing
    results, pushing US equities into negative territory overnight.
    It was almost a form reversal compared with yesterday's trading.

    Investors turned really bearish in the last hour of business,
    more than doubling losses by the close"

    So .... the Aussie market may struggle a tad today .... but given the weakness of our market yesterday it seems as though Wall St.'s bad news (disappointing profits) was well anticipated.
 
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