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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...

US equity markets resumed trading following the Labour Day holiday long weekend and opened September in negative territory amid fresh uncertainty around tariffs - Dow down -249-points or -0.55% Nike Inc (down -3.48%) was the worst performer in the 30-stock index, while Nvidia Corp (-1.95%) led losses among the so-called ‘Magnificent Seven’ cohort of mega-capitalisation technology stocks.

US equity markets recorded modest gains , with the S&P 500 climbing above 6,500 for the first time as investors digested Nvidia Corp’s (down -0.79%) second quarter result after the closing bell of the previous session, stronger-than-expected economic growth figures and eyed inflation figures tonight AEST - Dow added +72-points or +0.16% , with American Express Co (up +1.40%), Cisco Systems Inc...

US equity markets advanced , with investors eyeing the release of artificial intelligence (AI) bellwether Nvidia Corp’s second quarter result after the closing bell - Dow rose +147-points or +0.32% Salesforce Inc +2.63% was the leading performer in the 30-stock index, while Chevron Corp (+1.19%) and UnitedHealth Group Inc (+1.15%) rose over >1%. Goldman Sachs Group Inc (+0.10%) touched a record...

US equity markets advanced as investors shrugged off President Trump’s removal of Federal Reserve Governor Lisa Cook from the central bank’s board and eyed Nvidia Corp’s (+1.09%) second quarter result after the closing bell of tonight’s AEST session - Dow rose +136-points or +0.30% . Boeing Co (up +3.51%) was the leading performer in the 30-stock index following news that Korean Air ordered 103 of...

US equity markets rebounded strongly on Friday (22 August) after Federal Reserve Chair Jerome Powell hinted at a near-term interest-rate cut during his Jackson Hole Economic Policy Symposium speech - Dow rallied +846-points or +1.89% to a record closing high of 45,631.74 , marking the 30-stock indice’s first record close since 4 December last year . Caterpillar Inc (+4.25) was the leading Dow comp...

Technology stocks came under selling pressure for a second session to weigh on the benchmark US equity indices , while investors also digested the minutes from the Federal Reserve’s July monetary policy meeting - Dow  edged +16-points or +0.04% higher . Travelers Companies Inc (up +2.02%) was the leading performer in the 30-stock index , while technology heavyweight Amazon.com Inc (-1.84%) and App...

Major technology companies led declines on US equity markets overnight - Dow  inched +10-points or +0.02% higher to 44,922.27 , touching a fresh record intra-day high ( 45,207.39 ). Nvidia Corp (down -3.50%) and Boeing Co (-3.19%) both fell over >3%. Reuters reported that Nvidia could look to deliver samples of a new artificial intelligence (AI) chip, entatively known as the B30A,  to Chinese c...

US equity markets opened the week little changed  - Dow slipped -34-points or -0.08% . UnitedHealth Group Inc (up +1.47% after jumping +11.98% last Friday (15 August)) was the leading Dow component for a second session running after filings with the Securities and Exchange Commission (SEC) released late last week recorded that Berkshire Hathaway Inc took a new positions in the health insurer.    ...

US equity markets mixed to close out a strong week as Wall Street tempered its rate-cut hopes following the latest inflation and retail sales data    - Dow added +35-points or +0.08% to 44,946.12 , logging its first record intra-day high (45,203.52) since December in the opening minutes of last Friday’s (15 August) session. UnitedHealth Group Inc jumped +11.98% after filings released after the clo...

US equity markets settled little changed , paring earlier declines that came following wholesale inflation data that revived some concerns about tariffs inducing price pressures - Dow slipped -11-points or -0.02% , paring an earlier decline of more than >200-points. 3M Co -2.22% Amazon.com Inc +2.86% President Trump overnight warned there would be "very severe consequences" if Russian president...

US equity markets settled with modest losses as investors digested the latest monetary policy pronouncements from the Federal Reserve and eyed results after the closing bell from two of the so-called ‘Magnificent Seven’ cohort of mega-capitalisation technology companies - Dow fell -172-points or -0.38% , with 3M Co (down -3.41%) the worst performer in the 30-stock index . Procter & Gamble Co l...

The S&P 500 and Nasdaq pulled back from record highs as investors waded through a fresh round of corporate earnings releases and eyed the Federal Reserve’s latest interest rate tomorrow morning AEST (31 July) - Dow fell -205-points or -0.46%

US equity markets weaker as investors digested the latest inflation figures and a mixed bag of second quarter results from some major banks - Dow dropped -436-points or -0.98% to 44,023.29 , with American Express Co (down -3.20%) and UnitedHealth Group Inc (-2.95%) both down ~3%. Nvidia Corp rallied +4.04% to a record closing high of US$170.70 and was the leading Dow component following news that...

US equity markets logged modest gains as investors continued to monitor trade headlines ahead of key inflation data and the beginning of second quarter earnings season tonight AEST - Dow rose +88-points or +0.20%

US equity and bond markets were CLOSED on Friday night AEST (4 July) for Independence Day . For the shortened trading week , the Dow rallied +2.30% . The S&P 500 climbed +1.72% and the Nasdaq +1.62% The US corporate calendar this week sees Amazon.com Inc begin its annual “Prime Day” sale event on Tuesday night AEST (8 July) . After sales hit an all-time high at last year’s event, Amazon has ex...

US equity markets fell as the Israel-Iran conflict continued to dominate investor sentiment and drive volatility and a fresh spike in oil prices - Dow lost -299-points or -0.70%. Merck & Co Inc (down -3.31%) and Nike Inc (-3.07%) both fell over >3%. Amazon.com Inc (down -0.59%) said its Prime Day discount event for Prime members next month will extend to four days (8 July-11 July). 

US equity markets rebounded amid reports that Iran is willing to negotiate over its nuclear program in an effort to contain the conflict with Israel - Dow rose +317-points or +0.75% , with American Express Co (+2.23%), Cisco Systems Inc (+2.22%), investment banks Goldman Sachs Group Inc (+2.33%) and JPMorgan Chase & Co (+2.04%), Nike Inc (+2.26%), and Salesforce Inc (+2.12%) Microsoft Corp +0....

US equity markets retreated on Friday (13 June) after Israel launched a wave of airstrikes on Iran and its nuclear facilities , pushing oil prices sharply higher - Dow dropped -770-points or -1.79% Sherwin-Williams Co -5.7% was the worst performer in the 30-stock index, with analysts at Citigroup cutting their recommendation on the stock to "neutral" from "buy," indicating that the persistence of...