Market Updates

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

The Dow Jones finished up 377 points on Friday night (+1.19%). The Nasdaq had another good night, up 2.11%, along with the S&P 500, up 1.53%. SPI Futures are up 79 points (+1.2%), setting the stage for a good session today following a 46-point rise in our market on Friday. Get up to speed with Marcus Padley's Pre-Market Podcast. Why not sign up for a free trial ? Get access to expert insi...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

The Dow Jones pushed higher on the back of Jerome Powell’s speech last night to finish near its highs, up 193 points (+0.61%). The Nasdaq and the S&P 500 also finished higher, making it the first two positive days in a row since Jackson Hole. SPI Futures are unchanged this morning, on track to finish the week 0.1% higher. Catch up on all the latest with Marcus Padley on today’s Pre-Market Podc...

  Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

The Dow Jones rallied overnight, finishing up 436 points (+1.4%) on interest rate relief as bond yields dropped 7bp. The Nasdaq also found some gains, up 2.1%, and snapping a 7-day losing streak. SPI Futures are up 29 points, struggling to follow US leads as commodity prices came off overnight.   Tune in to Marcus Padley’s Pre-Market Podcast to get in the know for the day ahead. Why not sign up fo...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

US markets spent the session catching up on the European energy crisis, the Dow Jones fell 173 points (-0.55%), with the Nasdaq falling 0.74% and making it seven straight losing sessions – the longest streak in six years. European markets shook the energy crisis paranoia slightly to creep up for the session. SPI Futures are down 37 points (-0.54%) following a 26-point fall yesterday. Get up to spe...

  Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

US markets were closed overnight for the Labour Day holiday. We take our leads from European markets this morning - the DAX was down 2.2%, and the STOXX 600 down 0.6% overnight amid the energy crisis that saw LNG pricing in Europe up as much as 35%. SPI Futures holding well, up eight points this morning. Catch up on all the latest with Marcus Padley on today's Pre-Market Podcast. Why not sign...

  Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

The Dow closed down 338 points on Friday night following the jobs number that came in with no real surprises and helped subdue interest rate fears. However, news that Gazprom halted restarting the gas pipeline due to an oil leak spooked the market into a 600-point fall. SPI Futures are down 16 points this morning with the US on holiday tonight. Tune in to Marcus Padley’s Pre-Market Podcast to get...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

US markets found some footing overnight as the Dow finished up 146 points, snapping a four-day losing streak, although the Nasdaq fell 0.26%. The iron ore price crumbled, falling 8% to trade below $100, as China reimposed COVID restrictions. SPI Futures are up 20 points (+0.29%) following the 141-point drop we saw yesterday. Get up to speed with Marcus Padley, in the Pre-Market Podcast. Why not si...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

The 1000-point fall in the Dow on Friday night is starting to look like a bit of a downtrend. The Dow closed down a further 280 points (-0.9%) last night, bringing the total slip to 5.5% since Friday. Headlines on oil prices and recession fears colouring the market. SPI Futures pointing to a 69-point loss today (-1.0%). Catch up on all the latest with Marcus Padley on today’s Pre-Market Podcast.  ...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

Bit of a shabby night in the US, the Dow fell 308 points (-0.96%), with expectations that the Fed’s ‘soft pivot’ is a while off. Oil had its worst day since mid-July, falling 4.8% and putting pressure on the energy sector. SPI Futures are down 58 points (-0.84%). Tune in to Marcus Padley’s Breakfast Briefing Podcast to get in the know for the day ahead.   Why not sign up for a free trial ? Get acc...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

The Dow Jones settled overnight – compared to the 1008-point loss we saw on Friday night – to finish down 184-points (-0.57%). Tech stocks are still taking the brunt of the sell-off, the Nasdaq closed down 1.02%. SPI Futures looking for a bounce off yesterdays 2% fall, up 18 points (+0.26%). Catch up on all the latest with Marcus Padley on today’s Breakfast Briefing. Why not sign up for a free tri...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

Jackson Hole turned out to be a very big event, with Jerome Powell’s hawkish comments sending US markets into freefall. The Dow dropped 1008 (-3.03%) points on Friday night, the Nasdaq fell 3.94%, and the S&P 500 ended 3.37% lower. SPI Futures are down 104 (-1.48%), following US leads.  Get up to speed with Marcus Padley, in the Breakfast Briefing podcast. Why not sign up for a free trial ? Ge...

Henry is heading off on holiday today, so I (Marcus Padley) will fill in for him in the Breakfast Briefing podcasts. Wall Street behaved itself overnight ahead of Jackson Hole and Jerome Powell’s speech tonight. The Dow finished up 323 points (+1%), while the Nasdaq saw some nice gains, up 1.7%. Locally we’re still focusing on results, quiet day today, but picking up again next week as we round ou...

Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

 ASX 200 up another 50 points to 7048 (0.7%) as banks and resources rally pre-Jackson Hole. Resources continue to find friends on Chinese stimulus moves. Iron ore stocks wilted from highs with BHP up 0.7%, FMG up 0.1% and RIO lagging slightly although still up 0.2%. Base metals also doing well despite nickel falling overnight, S32 good results up 1.0% and IGO up 1.8%. Lithium stocks took a slight...