Market Updates

ASX 200 limped into the weekend down 8 points to 7498 to finish the week relatively unchanged . Quiet with low volumes again. US PPI and Chinese CPI in focus. Banks 'sagged' with the Big Bank Basket down to $193.63(-0.1%). NAB down 0.2% and ANZ falling 0.6%. MQG slid 0.2%, with insurers a little better, SUN up 0.8%. REITS mixed with GMG down 0.3% and SGP up 1.1%. In the industries, super...

Stocks ended Thursday near the flat line after a fresh round of inflation data reflected an uptick in consumer prices for December. The Nasdaq Composite closed at the flat line, settling at 14,970.19. The Dow Jones Industrial Average eked out a gain of 15.29 points, or 0.04%, to close at 37,711.02. The S&P 500 edged lower by 0.07% to end at 4,780.24. Earlier in the session, the broad market in...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor. Make life simple. Invest with Marcus Today.

Stocks closed higher Wednesday, with investors awaiting the release of fresh U.S. inflation data and earnings. The S&P 500 gained 0.57% to end at 4,783.45, while the Dow Jones industrial Average added 170.57 points, or 0.45%, to close at 37,695.73. The Nasdaq Composite advanced 0.75% to settle at 14,969.65. ASX SPI Futures up 13 points. Copper up 0.33% on arbitrage buying and a softer dollar....

ASX 200 finished flat at 7502. Xmas apathy took over despite a rally on Wall Street. Inflation numbers tonight but not expecting much. Banks were flat with the Big Bank Basket down to $189.53(-0.1%). The $190 level has been resistance in the past. Financials also slipped. MQG down 0.5% with insurers drifting slightly lower, QBE off 0.4%. REITs powered ahead with GMG up 0.7% and SCG rising 0.3%. 10...

Stocks rose on Thursday, with the S&P 500 recovering from its worst day since September as the year-end rally resumed. The Dow Jones Industrial Average gained 322.35 points, or 0.87%, to 37,404.35. Meanwhile, the Nasdaq Composite advanced 1.26% to 14,963.87. The S&P 500 added 1.03% to 4,746.75. That places the broad market index about 1% from its closing high and 1.5% from its intraday rec...

ASX 200 falls only 34 points to 7504 (0.5%). We performed better than SPI suggested as US futures rallied a little. Volume and news was a little light on as we approach the Xmas break. Banks eased back slightly with the Big Bank Basket down to $189.72(-0.3%). ANZ slightly higher after AGM comments, MQG slid 0.9% and other financials eased, GQG down 5.0%. REITs eased too as bond yields fell to 4.01...

The Dow Jones Industrial Average slid 475.92 points, or 1.27%, to 37,082.00. The Nasdaq Composite was lower by 1.50% to 14,777.94. Both indexes ended a nine-day advance, and they had their worst session since October. The S&P 500 declined 1.47% to 4,698.35, marking its worst day since September. ASX SPI Futures down 73 Points. All sectors in the S&P 500 finished in the red, with consumer d...

ASX 200 up another 49 points to 7538 (0.7%). Another day another push towards 7600. Across the board gains with banks in demand again, ANZ up 0.7% and WBC up 1.0%. The Big Bank Basket trading at $190.21(0.5%). MQG kicked 0.9% higher with GQG doing very well up 1.5%. Insurers slightly better, REITS in demand, SCG up 1.0% and SGP up 1.6%.  Industrials better again, WES up 1.0%, WOW up 0.8% and TLS u...

Wall Street finished higher overnight near best levels, extending its rally while shrugging off warnings from Fed officials trying to rein in rate cut expectations. The Dow nabbed another all-time closing high, up 252 points (+0.68%). Dow up 257 at best. The S&P 500 rose 0.59% and is now within one percentage point of its all-time closing high. The NASDAQ 100 hit another all-time high, and the...

ASX 200 up 63 points to 7489 (0.8%) in another strong across the board rally. RBA minutes helped, BoJ staying pat helped and takeovers helped. Solid gains across the board. The Banks continue to march higher, CBA up 0.6% and WBC charging 0.8% ahead. The Big Bank Basket up to $189.23 (+0.5%)). MQG kicked and insurers firmed, QBE bouncing 3.9%, SUN up 2.2%. REITs also in demand, GMG up 2.0% and SCG...

US equities kick off the week on a positive note, continuing its seven-week bull run. The Dow closed flat, up one point. Up 88 points at best. Down 20 points at worst. The S&P 500 gained 0.45% as more than $40bn of mergers and acquisitions hit the wire, following months of disappointing volumes. The NASDAQ Composite is up +0.61%, and the NASDAQ 100 gained 0.64% to close at a record high for a...

ASX 200 lost 16 points to 7426 (0.2%) in lacklustre trade dominated by M&A activity in LNK , ABC and PSQ . Monday M&A day ahead of Xmas break. Banks drifted lower with the Big Bank Basket unchanged at $188.20. Insurers suffered as yields fell again, QBE down 0.6% and SUN off 1.8%. Fund managers lower with REITs under pressure, GMG up 0.1% and VCX down 2.4%.  Industrials weaker, TLS off 0.9...

US markets closed mixed after a day of high-volume trading. The Dow Jones gained 57 points (+0.15%), a record-high close for the third session in a row. Up 2.92% for the week marking a ninth straight winning week. The S&P 500 finished flat, NASDAQ +0.35% and Russell 2000 -0.77%. The S&P 500 and NASDAQ registered a seventh straight week of gains, up 2.50% and 2.85%, its longest winning stre...

ASX 200 finished up 65 points at 7443(0.9%) in another strong day but well off highs as some profit taking creeping in. Big caps in focus. The iron ore miners shooting the lights out, BHP close to all-time highs up 2.4%, RIO up 2.2% and FMG giving Twiggy a very happy Xmas up 1.4%. Lithium stocks saw short covering across the board as lithium carbonate prices rally in China. PLS up 3.4% and MIN up...

Wall Street closed modestly higher overnight, extending weekly gains in the final hour of trade. The Dow added 158 points (+0.43%) to hit an all-time high. Up 197 points at best. Down 39 points at worst. S&P 500 and NASDAQ are both up over 3% for the week so far, advancing 0.26% and 0.19%, while the Russell 2000 is up over 7% for the week, adding another 2.72% overnight. The VIX pulled away fr...

ASX 200 powers to a 5-month high of 7378 up 120 (1.7%) as the Fed delivers in time for a very happy Xmas. A leap this morning on the open following the dot plots and the Q&A session. Bond yields tumbled with the Australian 10-year yield back to 4.12%. Financials, REITs rallied hard, the Big Bank Basket at $187.00(+1.1%), CBA leading the charge higher but MQG had a great day up 3.5% together wi...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor. Make life simple. Invest with Marcus Today.

ASX 200 rose another 23 points to 7258 (0.3%) in another solid day. Once again banks led us higher with the Big Bank Basket up to $185.04 (+0.8%). WBC leading the charge. MQG had a good day up 1.5% but insurers slid with IAG down 3.2% and SUN off 1.0%. REITs were mixed, GMG bouncing nicely, SCG down %. Healthcare also picking up, CSL up another 1.1% and RMD doing ok, up 1.2%. Tech stalled and indu...

US equities closed mostly higher overnight, finishing near best levels after inflation data did little to alter views for the timing of a rate cut by the Fed next year. The Dow Jones advanced 173 points (+0.48%). Dow up 191 points at best. Dow down 32 points at worst. The S&P 500 hit a fresh year-to-date high. Why not sign up for a free trial ? Get access to expert insights and research and be...

ASX 200 pushed on to a three-month high on a low volume day. Up 36 points to 7235 (+0.5%). Banks up, with CBA up 0.4% and ANZ rallying 0.8%, with the Big Bank Basket up to $183.67 (+0.5%). MQG up 0.4%, with insurers slightly weaker, QBE down 0.2%. REITs firmed, GMG up 0.7% and VCX up 2.6%, with industrials also in demand, BXB up 1.6% and WOW doing well up 1.8%, with JBH up 0.6%. Tech also in deman...

Overnight on Wall Street, stocks edged up ahead of the Federal Reserve’s last meeting of the year. The S&P 500 rose 0.4%, Nasdaq was up 0.2% and the Dow Jones added 0.4%.  SPI Futures up 13 points.. Oracle falls 7% after hours on latest results. Base metals mixed. Nickel -1.51%, Zinc +1.05%, Lead +1.73%, and Tin -1.44%. Gold down 1.10%, hitting a three-week low as the USD and treasury yields f...

The ASX 200 rose only 4 points to 7199 (0.1%) after a promising start was ambushed by resource stocks falling. Lithium and gold stocks fell with some of the big lithium names seeing selling resume. PLS down 3.0% as a new chair was appointed. MIN off 1.1% and AKE up 1.0%. Iron ore stocks stalled, BHP down 0.4% and RIO unchanged. Gold miners eased back as bullion suffered from the higher USD. NEM do...

Wall Street closed higher Friday with notable gains for the S&P 500 and NASDAQ , reaching their highest closing levels since early 2022, up 0.41% and 0.45%, respectively. The Dow finished near highs, up 130 points (+0.36%). Dow up 179 at best. Dow down 56 at worst. The rally was sparked by robust non-farm payroll and unemployment data, fuelling optimism for a soft landing, while also scaling b...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor. Make life simple. Invest with Marcus Today.