Market Updates

Energy stocks weighed on the market overnight with oil falling Brent falling 2.75%, and WTI falling below US$90, the Dow finished down 85 points (-0.26%). Technology stocks continued their rise, the Nasdaq gained 0.41%. SPI Futures are up six points, indicating a slow day of trade ahead.  Get on top of all the news for today with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 6 points Dow fell...

 ASX 200 closed down 1 point at 6975 well off intra day highs as enthusiasm wanes and iron ore stocks sagged. BHP down 1.1%, FMG down 2.0% and RIO off 1.6%. Base metals were slightly weaker but hardly registering on the same level, lithium stocks a little mixed, PLS down 1.1% LTR up 3.7% and AKE up 1.4%. Gold miners eased back slightly with NCM off 1.0%, DEG down 2.6% and NST falling 0.1%. Oil and...

US stocks reversed losses from earlier in the week overnight, the Dow added 416 points (+1.3%), while the Nasdaq continued its charge, finishing up 2.6%. SPI Futures are indicating a 32-point (+0.47%) gain. ASX 200 SPI Futures up 32 points Dow soars 416 points (1.3%) on better corporate results. Nasdaq up 319 points (2.6%) S&P500 up 64 points (1.6%) Oil drops 3.7% ahead of OPEC Plus Iron ore d...

 ASX 200 closed down 22 points at 6976 (0.3%) off the lows as Pelosi visit fears calm slightly. Banks slipped lower with the Big Bank Basket down to $175.71 (1%). MQG down 1.4% and ASX slipping 3.4% on yet more delays to CHESS replacement. Insurers slightly higher, QBE up 1.1%. Healthcare fell away with CSL leading the sector flat after early losses, SHL off 1.5% and COH off 0.6%. Industrials ease...

US markets fell again overnight, the Dow fell 402 points (-1.2%), following US-China political tensions and hawkish comments from the Fed’s Daly. SPI Futures indicating a soft day of trade ahead, down 11 points (-0.2%). ASX 200 SPI Futures down 11 points. Dow falls 402 points (1.2%) Caterpillar weighs. S&P 500 down 27 points (0.7%) Nasdaq down 20 points (0.2%) Paypal soars after hours. Airbnb...

ASX 200 SPI Futures up 70 points. Dow runs another 332 points (1.0%) Nasdaq up 130 points (1.1%) S&P 500 up 49 (1.2%) Apple and Amazon please after hours. Nasdaq futures up 140 after trade. Base metals better. Gold runs 1.8% Oil up 0.5%. Iron ore better. Why not sign up for a free trial ? Get access to expert insights and research. Become an informed investor today; thousands of member cannot...

 ASX 200 rose 67 points to 6890 (1%) as buyers flooded back post Fed. Almost like a short squeeze of epic proportions in second line tech. Banks boosted despite falling yields, the Big Bank Basket up to $174.35 (0.7%) with ANZR down 1.8%. CBA the super star up 1%. MQG delivered again up 3.0% for its 53rd yearly consecutive profit. Insurers mixed, QBE up 1.1%, SUN down 0.8% and MFG up 2.4%. Healthc...

ASX 200 SPI Futures up 52 Dow runs 436 points higher (1.4%) as Fed raises rates 75bps. Nasdaq up 470 points (4.1%)  S&P 500 up 103 points (2.6%) Base metals firm. Gold and iron ore steady. Oil up 2.1% RIO in focus post results. Div a little light on. MQG update out. Why not sign up for a free trial ? Get access to expert insights and research. Become an informed investor today; thousands of me...

ASX 200 pushes another 16 points ahead to 6823 as CPI comes in below expectations. Core inflation at highest since 1991 at 4.9%. Good news.  Banks led the market higher as the Big Bank Basket rallied to $173.17 (1.7%) with ANZ up 0.4% and ANZR up 2.9%. Insurers slightly higher with IAG better by 1.1%, MQG dropped 1.1% though. Healthcare better with CSL up 1.8% and RMD up 0.7%. Industrials mixed as...

ASX 200 SPI Futures down 36 points  Dow down 229 points (0.7%) S&P 500 down 46 points 1.2% Nasdaq down 220 points 1.9% Base metals up slightly. Iron ore up 1.3% Oil down 1.8% Gold unchanged. Why not sign up for a free trial ? Get access to expert insights and research. Become an informed investor today; thousands of member cannot be wrong. Use Promo Code: PODMT - Subscribe Today!

 ASX 200 pushed 17 points ahead to 6807 (0.3%) despite US futures weakness on Walmart news. Fed watching continues. US results in focus tonight. Resources carried the day with iron ore producers doing well, BHP up 2.5%, RIO up 1.9% and FMG rallying 2.5%. Base metals were also better as OZL ran 1.1% and lithium stocks firmed. Oil and gas doing ok as crude prices rose and Russia cut back gas supplie...

ASX 200 finished slightly weaker down 3 at 6792 (0%) as the index drifted around ahead of weekend. Dow futures weighing slightly on Snap drop. Banks were firm dominated by trade in ANZ rights up 25.4%. The Big Bank Basket rose to $171.34(0.8%). MQG slipped slightly as brokers warning of a weaker result to come, QBE slumped 2.1% as IAG underwhelmed with numbers falling 1.4%. MFG continued to find f...

Another good night in the US as the Dow finished up 162 points (+0.51%) rallying off lows and closing near highs, rounding out the best three-session rally since May. SPI Futures indicating a slow day ahead, up 12 points (+0.18%) this morning. Get up to speed on the latest with Henry’s Breakfast Briefing. ASX SPI 200 Futures up 12 points Dow up 162 v (0.5%0 Nasdaq up 162 v (1.4%) S&P 500 up 39...

 ASX 200 surged 35-points to 6794 (0.5%) in late trade. Banks were the strength and industrials, as the Big Bank Basket rose to $170.05 (1.1%) after ANZ joined the fray, up 2.2%. Seems $3.5bn was an easy raise for a good acquisition. CBA up 1.7%, elsewhere financials flat, MQG up 0.4% and SUN dropping 2.1%. MFG kicked again rising 2.8%. Healthcare out of ICU with CSL rising 1.4%, RMD up 2.5% and S...

Upbeat US corporate earnings provided a boost for stocks overnight, the Dow finished up 48 points (+0.15%) while the Nasdaq outperformed finishing up 1.58%. SPI Futures are down 33 points this morning (-0.49%).  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 33 points Dow up 48 points(0.25%) Nasdaq up 185 points (1.6%) S&P 500 up 23 v (0.6%) Tesla up 0.7% after resul...

 ASX 200 sprinted 110 points higher to 6759 (1.7%) on US rally and company updates. All cylinders firing as banks, resources and industrials were bought up. Another bear rally or the real thing? The Big Bank Basket rose to $168.20 (1.0) with ANZ still in a halt. Fund managers also in demand, MQG up 3.9%, HUB rose 0.5% and Insurers also in demand, QBE up 1.0% with SUN rallying 1.1%. Even MFG had it...

US markets had a strong rally overnight with the S&P 500 (+1.92%) posting its best day in three weeks. The Dow finished just off highs, up 754 points (+2.43%). SPI Futures are indicating a strong day of trade ahead for Aussie markets, up 79 points (+1.21%).  Get all you need to know for today with Henry’s Breakfast Briefing. ASX 200 SPI Futures  up 79 Points (1.2%) Dow up 754 points (2.4%) Nas...

ASX 200 fell 38 points to 6650 (-0.6%). Asian markets all weaker and RBA minutes kicked in at 11.30am to help us down a little. Volumes remain modest. Resources turned turtle with iron ore miners mixed on BHP production report, down 1.0%. FMG up 0.7% whilst base metals stocks slipped quietly away, IGO down 1.4%, S32 off 2.3% and LYC down 1.6%. Lithium stocks a little depressed, AKE off 3.3% and PL...

US stocks slipped overnight, the Dow posted its biggest loss in more than two weeks, giving up early gains to finish down 193 points (-0.32%). SPI Futures are pointing to a 21-point loss today after a good start to the week yesterday.  Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 21 Dow falls 216 (0.7%) as Apples freezes hiring Nasdaq down 92 points (0.8%) S&amp...

 ASX 200 kicks 82 points to 6666 (1.2%) as bank rally after Citi results and iron ore steadies in Asia, giving BHP a 2.4% lift. Late kick helps too, with 25 points on match out. The Miners were better across the board with RIO up 2.1% and FMG up 3.4%. Base metals doing well, S32 up 2.1% and IGO up 4.4% and lithium stocks doing well, LTR up 8.4%, INR better by 5.8% and PLS rallying 2.5%. Oil and ga...

US stocks rallied on Friday night, with better-than-expected retail sales and a jump in bank stocks acting as a catalyst for markets. The Dow gained 658 points, closing on highs. SPI Futures are pointing to a 57-point gain.  Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI Futures up 57 Dow up 658 points (2.2%) Citi drives bulls. S&P 500 up 73 (1.9%) Nasdaq up 201 points (1.8%...

ASX 200 falls 45 points to 6606 (-0.7%) after a solid rally off lows. Resources took the big hit. Banks had a decent rally off early lows. Resources saw commodities flop and took the sector with it. BHP down 3.5%, FMG off 6.2% and RIO down 2.9%. Gold miners also fell, NCM down 2.8%, NST off 2.5%. Base metal stocks hit, IGO down 7.1%, POS off 2.4% and S32 falling 3.7%. Lithium stocks down but escap...

US stocks rallied into the close from early lows as rate-hike concerns and weak results from Morgan Stanley and JPMorgan hurt the market. The Dow finished down 143 points (-0.46%). SPI Futures are pointing to a 52 point loss (-0.79%) with iron ore and base metals all moving lower.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 52 points. Dow closes down only 143 points...

 ASX 200 rallied 29 points to 6651 (0.4%) despite US CPI and a strong jobs number locally. Resources firm., Banks weak ahead of US reports tonight. The Big Bank Basket fell to $163.39 (1.3%).  CBA off 1.5%, MQG falling 0.2% and insurers under pressure, SUN down 0.2% and QBE unchanged Industrials firm with CSL up 0.8%, RHC up 1.1% in the healthcare space, TLS rallied 0.8% on its acquisition finalis...

US stocks hit a roadblock as inflation came in hotter than expected at 9.1%, although recovered into the close. The Dow still finished down 209 points (-0.67%). SPI Futures indicating a muted day of trade, down four points.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 4 points. Dow falls 209 points (0.7%) Choppy and low volume. Nasdaq down 17 points (0.2%) S&P 500...