Market Updates

The ASX 200 has finished the day down 69 points or 0.8%. Selling set in from the open and continued all session long. The 11:30 inflation print did little to move the dial, showing a 0.2% rise in the September quarter and falling from 3.8% to 2.8% YonY . The smallest yearly rise since Q1 2021. Why not sign up for a free trial ? Get access to expert market insights and manage your investments with...

Wall Street closed mixed overnight. The NASDAQ hit a record high, gaining 0.78% propelled by gains in tech stocks. Alphabet jumped 5.18% in after-hours trade after topping Q3 revenue and earnings expectations. The Dow fell 155 points (-0.36%) as the market digests a bevy of corporate results. Up 104 points at best. Down 216 points at worst. The S&P 500 saw a mild gain, up 0.16% with all sector...

ASX 200 closed up 28 points to 8249 (+0.3%) locking in its third consecutive day of gains. Consumer discretionary stocks took centre stage today with MYR falling 1.55% after initially rallying ~7% and PMV advanced 9.9% after the two companies announced they’ve entered a binding agreement to combine apparel brands. Why not sign up for a free trial ? Get access to expert market insights and manage y...

US equities kicked off the week on a positive note ahead of the busiest week of corporate earnings with 169 companies set to report this week. The Dow added 273 points (+0.65%), shrugging off losses in Boeing -2.8% after the company launched a stock offering that could raise up to $22bn. Why not sign up for a free trial ? Get access to expert market insights and manage your investments with confid...

ASX 200 closes up 10 points at 8222 as caution creeps in. Quarterlies causing some serious volatility but banks under a little pressure with the Big Bank Basket down to $245.14 and CBA off 0.8%. ANZ eased after some accounting changes, other financials also slipped slightly. ASX down 0.4% after its AGM, insurers slightly higher, SUN up 0.9%. REITS slid, GMG off 0.6% and SGP down 0.4%. Industrials...

US equities ended mixed Friday as the Dow dropped 259 points (-0.61%), the NASDAQ   rose 0.56%, and the S&P 500 remained flat. Financial stocks came under selling pressure amid concerns over New York Community Bancorp's weak guidance, causing its shares to fall 8.2%, with Bank of America and Wells Fargo also lower, down 1.8% and 1.4% respectively. Tech stocks, however, were buoyed by anti...

The ASX 200 limped into the weekend up only 5 points to 8211, closing out the week down 0.87%. Banks solid again with CBA up 0.4% and the Big Bank Basket at $246.82 (+0.3%). Insurers were mixed, REITs slid, SGP down 1.2% and GPT off 0.6%. Industrials also weaker, Defensive supermarkets sold off, WOW and COL off with WES down 2.5%. Why not sign up for a free trial ? Get access to expert market insi...

US equities ended mixed, with the S&P 500 and NASDAQ gaining 0.21% and 0.76%, buoyed by gains in Tesla rallying 21.9%, its biggest rally since May 2013, following strong earnings and bullish forecasts. The Dow lost 141 points (0.33%) posting its fourth consecutive day of losses, its longest losing streak since June. Up 8 points at best. Down 323 at worst. Small firms Russell 2000 ticked 0.23%...

The ASX 200 finished a quiet session down 10 points to 8206 (-0.1%) again rallying off early lows as banks were back in fashion. CBA up 1.2% with the Big Bank Basket up to $246.15 (+1.0%). Financials firmed, QBE bounced back up 0.6% and GMG up 0.3% although REITs flat generally. Healthcare was mixed as CSL bounced a little. Why not sign up for a free trial ? Get access to expert market insights an...

Both the S&P 500 and the Dow had their third straight day of losses this week. The 30-stock Dow plunged 409.94 points, or 0.96%, ending the day’s session at 42,514.95. The S&P 500 lost 0.92%, closing at 5,797.42. The Nasdaq Composite lost 1.6%, ending at 18,276.65. Tesla up 10% after hours on better than expected results. SPI down 16 - Quarterlies and AGMs dominate COMMODITIES Oil slips 1%...

The ASX 200 finished a quiet session giving up early modest gains to close up 10 points at 8216. A mixed session, banks are holding firm with the Big Bank Basket up to $243.79 (+0.3%) with insurers easing as QBE fell 0.4% under an ASIC spotlight.   Why not sign up for a free trial ? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join...

The S&P 500 ended the session lower by 0.05%, closing at 5,851.20. It was the broad market index's first back-to-back loss since early September. The 30-stock Dow slid 6.71 points, or 0.02%, ending at 42,924.89 and posting a second straight losing day. The Nasdaq Composite outperformed with a gain of 0.18% to 18,573.13. McDonalds in Trouble with E - Coli outbreak ASX SPI up 23 - Gold and...

ASX 200 fell hard 139 points to 8206(1.7%) as selling hit all sectors. 10-year bond yields rose again, with interest rate-sensitive stocks suffering the most. The Big Bank Basket fell to $242.99 (-2.0%). CBA off 2.2% and NAB down 2.1%. REITS under pressure, GMG down 2.7% and SCG off 2.5%. Healthcare is suffering, CSL is down 2.9% and PME is dropping by 4.0%. Industrials were weaker across the boar...

The Dow Jones Industrial Average fell Monday, giving back some of the strong gains from last week, as Treasury yields rose and investors awaited new earnings reports. The S&P 500 slipped 0.18% to 5,853.98. The 30-stock Dow lost 344.31 points, or 0.8%, to close at 42,931.60 and snap a three-day run of winning sessions. The Nasdaq Composite was the outlier, rising 0.27% and ending at 18,540.01....

ASX 200 jumped 61 points to 8344 (+0.7%) as resources back in vogue. China cut rates today, iron ore futures rallied slightly. BHP up 1.4% on Samarco update, RIO up 1.9% and FMG rallying 1.5%. Gold miners in demand again, NST up 1.9% and EVN shooting higher, up 5.2%. Lithium stocks also seeing short covering, PLS up 3.4% and MIN suffering badly on CEO and tax issue news, down 13.8%. Oil and gas st...

Wall Street finished last week higher, led by tech stocks following Netflix’s strong earnings report. The Dow rose 37 points (+0.09%) closing at a fresh record high, its fifth in the last six sessions. The S&P 500 chalked up a record close too, gaining 0.40%. However, gains were restrained by losses in the energy sector, bogged down by lower oil prices. Financial stocks also weighed with the S...

ASX 200 closed down 73 points at 8264 (0.9%). A weak end to a good week. Resources under pressure again with the Big Three suffering despite iron ore better in Singapore. BHP off 2.2% and FMG slipping 1.9%. Lithium still in struggle street, PLS down 0.4% and MIN off 2.9%. Gold miners were a little mixed despite bullion rises, NEM up 0.8% but GMD down 0.9%. Oil and gas slid, WDS off 1.3% and uraniu...

Wall Street ended mixed following stronger-than-expected retail sales data. The Dow gained 161 points, clocking its fourth-record close in the last five sessions. The S&P 500 eased 0.02%, paring earlier gains which saw the index touch a fresh record intraday high. The NASDAQ notched a 0.04% gain, while small caps Russell 2000 lost 0.25%. US retail sales rose 0.4% MonM in September , beating ex...

ASX 200 closed off highs after jobs number but still up 71 points to a new record close 8356 . Banks and industrials leading us higher again. The Big Bank Basket up to $245.49  (+1.7%) as results (and dividends) beckon. CBA up 1.6% and MQG up 0.7%. Insurers did well on higher bond yields following robust job growth and unemployment at 4.1%. REITs also in demand. GMG up 1.7% and SCG firing 1.9% bet...

US equities finished higher overnight with traders rotating out of mega caps and into smaller firms. Russell 2000 gained 1.64% and has hit its highest level in almost three years and the S&P Small Cap 600 gained 1.4%. The Dow closed at a record high for the third time in the last four sessions, up 337 points (+0.79%), ending above 43,000. Up 360 points at best. Down 48 points at worst. The S&a...

ASX 200 closed 34 points down at 8285 (-0.4%) as China steadied. Normal service has been resumed, Banks up and resources down. Lithium stocks were hit hard after some downgrades from Macquarie. PLS off 3.6% and MIN down 2.3%. Oil and gas mixed after WDS reported quarterly better than expected. Big iron ore fell a little after RIO -1.1% missed expectations on ore shipments, BHP down 1.1%,  and FMG...

US equities ended lower near worst levels after Europe's most valuable chip company ASML -16% forecasted lower-than-expected 2025 sales, triggering a sell-off in the semiconductor sector. The Dow and S&P 500 fell from their record highs. Dow ended 325 points lower (-0.75%). Up 213 points. Down 362 points at worst. The S&P 500 slid 0.76% but held above 5,800, while small caps Russell 2...

ASX 200 continued its march higher today, up 66 points to a new record close of 8318 (+0.8%) as the banks and miners rose in lockstep. The Big Four were back in demand with the Basket up to $240.18 (+1.6%). MQG managed a 0.3% rise with other financials doing well too, ASX up 1.3% and NWL up 2.9%. REITS recovered after yesterday’s sell-off. GMG up 0.7% with SCG up 0.6%. Healthcare better too, CSL c...

US equities kicked off the week on a positive note hitting fresh all-time highs in a fairly uneventful day of trade. The S&P 500 rose 0.77%, notching its 46th record high this year. The Dow also posted a record finish, up 201 points (+0.47%) to 43,065. Up 275 points at best. Down 157 points at worst. The NASDAQ advanced 0.87%, buoyed by gains in semiconductor stocks. Why not sign up for a free...

ASX rallied 38 points to 8260 (0.5%) just a few points shy of a record close. Banks and resources in favour as US bank reports revive optimism, CBA up 0.9% and ANZ up 1.6% with the Big Bank Basket up $236.36 (+0.9%). MQG rallied 0.7% with insurers and other financials doing well, QBE up 1.1% and GQG up 0.4%. REITs a little weaker, GMG off 0.1% with healthcare doing well, CSL up 1.2% and RMD up 1.1...