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US equity markets advanced , with the Dow and S&P500 snapping four session losing streaks ahead of the release of Dow component Nvidia Corp’s (up +2.85% in the regular session) third quarter result after the closing bell and tonight’s AEST delayed September jobs report - Dow  edged +47-points or +0.10% higher . Boeing Co (down -2.07%) and Salesforce Inc (-2.41%) both fell over >2%. The broa...

US equity markets retreated as concerns about valuations for artificial intelligence (AI) stocks continued to weigh on sentiment and with investors eyeing Nvidia Corp’s (-2.81%) third quarter result after the closing bell of tonight’ AEST session    - Dow rose -499-points or -1.07% , having been down almost -700-points at its worst levels of the session. E-commerce and cloud giant Amazon.com Inc l...

US equity markets were mixed on Friday (14 November) but recovered from an early, steep sell-off to settled well of their worst levels of the session - Dow fell 310-points or -0.65% , having been down as much as -600-points or ~1.3% earlier in the session.  UnitedHealth Group Inc (down -3.21%) was the worst performer in the 30-stock index . Nike Inc lost -2.82%, with Moody’s downgrading its rating...

Benchmark US equity indices booked their worst single-session performance since 10 October, 2000 amid rising uncertainty about Federal Reserve interest rate cuts - Dow fell -798-points or -1.65% to 47,457.22 after settling above 48,000 for the first time a day earlier. Investment banks Goldman Sachs Group Inc (down -3.99%) and JPMorgan Chase & Co (-3.41%), Caterpillar Inc (-3.4%) and Internati...

US equity markets mixed as investors continued to monitor progress on resolving the US government shutdown - Dow rose +327-points or +0.68% to 48,254.82 , the 30-stock index’s first close above >48,000 after setting a fresh record intra-day peak ( 48,431.57 ). Goldman Sachs Group Inc (+3.54%) and United Health Group Inc (+3.55%) both rallied ~3.5%. International Business Machines (IBM) Corp +0....

US equity markets rallied amid signs that a historic U.S. government shutdown could be nearing its end - Dow rose +382-points or +0.81% Nvidia Corp (up +5.79%) was the clear outperformer in the 30-stock index . Late Sunday (9 November), the Senate advanced a procedural measure to allow other votes today on an agreement to end the US government shutdown , now at 41-days. Eight Democrats joined Repu...

US equity markets settled narrowly mixed on Friday (7 November), recovering from steeper declines earlier in the session to cap a volatile week  - Dow added +75-points or +0.16% , recovering from an earlier slide of ~400-points or -0.9%. Coca-Cola Co (up +2.16%) and Sherwin-Williams Co (+1.95%) were the leading performers in the stock index.

Technology stocks led a rebound for US equity markets - Dow rose +226-points or +0.48% Amgen Inc (up +7.81%) was the leading performer in the 30-stock index after the pharmaceutical company posted a better-than-expected third quarter result and raised its full-year sales outlook after the close of the previous session Economic bellwether Caterpillar Inc gained +3.94%. Home Depot (down -2.41%) was...

A mixed start to November for US equity markets ahead of another busy week of quarterly earnings releases - Dow fell -226-points or -0.48% , with Merck & Co Inc (down -4.06%) the worst performer in the 30-stock index. 3M Co (down -2.59%), UnitedHealth Group Inc (-2.27%) and Chevron Corp (-2.33%) all declined over >2%.   Microsoft Corp (down -0.15%) announced it has secured export licenses t...

US equity markets advanced on Friday (31 October) after a choppy session to cap a solid week and month for the benchmark indices  - Dow  edged +41-points or +0.09% higher Apple Inc settled -0.38% lower at US$270.37, unwinding an gain that saw the mega-capitalisation technology stock touch a fresh record intraday high of US$277.32 after reporting better-than-expected third quarter earnings after th...

US equity markets retreated a day after logging record intra-day highs for a third straight session, with investors continuing to assess earnings from mega-capitalisation technology names and yesterday’s (30 October) meeting between President Trump and Chinese leader Xi Jinping   - Dow fell -110-points or -0.23% , sliding in the closing hour of trading . Boeing Co dropped -6.32% to be the worst pe...

US equity markets rebounded , with the S&P500 and Nasdaq booking fresh record intra-day and closing highs  - Dow  flat at 46,601.78 . Caterpillar Inc (up +3.17%) was the leading performer in the 30-stock index. Nvidia Corp rose +2.20% after Chief Executive Officer (CEO) Jensen Huang said that demand has risen in recent months , telling CNBC that “this year, particularly the last six months, de...

US equity markets retreated overnight as the US government shutdown entered its second week  but not before the S&P500 and Nasdaq scaled fresh record intra-day highs - Dow eased -92-points or -0.20% , with Nike Inc (down -3.18%) the worst performer in the 30-stock index , while Salesforce Inc fell -2.46% after the company said it won’t pay a ransom demand from a hacker who claimed to have stol...

US equity markets advanced, with the S&P500 and Nasdaq booking fresh record closing highs despite the U.S. government shutdown entering its sixth day, with the White House threatening mass federal worker layoffs. - Dow eased -63-points or -0.14% Verizon Communications Inc -5.11% after Chief Executive Officer (CEO) Hans Vestberg stepped down, replaced by independent lead director and former Pay...

US equity indices advanced  for a fifth consecutive session , with the three (3) leading indices booking a fresh round of record closing highs amid a global rally for semiconductor stocks after OpenAI announced South Korean firms SK Hynix (+9.86%) and Samsung Electronics Co Ltd (+3.49%) would partner with the ChatGPT maker on its Stargate AI infrastructure project   - Dow added +79-points or +0.17...

US equity markets advanced , with the Dow and S&P500 posting record highs despite the federal government shutting down for the first time in six-years - Dow  edged +88-points or +0.19% higher to book a second consecutive record closing high of 46,441.10 . Nike Inc gained +6.41% after the athletic retail giant posted better-than-expected headline numbers for the fiscal first quarter after the c...

US equity markets retreated , with the S&P500 and Nasdaq declining for a third consecutive session - Dow fell -174-points or -0.38% , with Amgen Inc (-2.88%), Nike Inc (-2.78%) and Merck & Co Inc (-2.6%) all falling over >2.5%. International Business Machines (IBM) Corp gained +5.20% to be the leading performer in the 30-stock index after financial partner HSBC Holdings Plc said it had...

US equity markets retreated  from record highs, snapping a three-session streak that saw the three main indices post record intra-day and closing highs - Dow slipped -89-points or -0.19% to 46,292.78 after logging a fresh record intra-day high ( 46,447.13 ) shortly after the opening bell.   Amazon.com Inc (down -3.04%) was the worst performer in the 30-stock index . The company squaring off agains...

The benchmark US equity indices booked another round of fresh record intra-day and closing highs to open the week - Dow  edged +66-points or +0.14% to 46,381.54 . Apple Inc rallied +4.31% to be the leading performer in the 30-stock index following reports of strong demand for the iPhone 17 in its first weekend of sales , aided by consumers seeking to replace aging devices. The stock is closing in...

Both the S&P 500 and Nasdaq hit fresh record intra-day and closing highs ahead of the Federal Reserve’s latest two-day monetary policy meeting kicking off that is expected to see the central bank cut benchmark interest rates for the first time this year - Dow  edged +49-points or +0.11% higher , with so-called ‘Magnificent Seven’ mega-capitalisation technology names Amazon.com Inc (up +1.44%),...

A mixed session for US equity markets last Friday (12 September) albeit all three benchmark indices booked weekly gains - Dow fell -274-points or -0.59% to 45,834.22 a day after settling above >46,000 for the first time. Amgen Inc (down -2.24%), Merck & Co Inc (-2.75%) and Sherwin-Williams Co (-2.33%) all fell over >2%. Microsoft Corp rose +1.77% and was the leading Dow component on Frid...

US stocks rose on Thursday as traders anticipated that the latest reading of a key consumer inflation gauge won't stand in the way of the Federal Reserve lowering its benchmark interest rate next week. A spark in US equities saw all three (3) major averages score new intraday all-time highs in the trading day and closed at record levels. The  Dow Jones rising +617.08 points , or +1.36%.

Benchmark US equity indices booked fresh record highs - Dow gained +196-points or +0.43% to 45,711.34 . UnitedHealth Group Inc (up +8.64%) was the leading component in the 30-stock index (and S&P 500) after the health insurer estimated that 78% of its Medicare Advantage membership will be in top-rated Medicare plans next year and are likely to qualify for bonus payments from the federal govern...

US equity markets advanced to open the new trading week, resuming a rally that has pushed benchmark indexes to a series of record highs in recent weeks - Dow rose +114-points or +0.25% , with International Business Machines (IBM) Corp (up +3.04%) the leading performer in the 30-stock index . Nvidia Corp (+0.77%) presented at the annual Goldman Sachs Communacopia + Technology Conference overnight T...