Between the Bells

Wall St ended Wednesday’s trading session with its major benchmarks hitting record highs as Donald Trump regained the title of President of the United States of America. The Dow Jones had its best day since 2022 jumping 3.57%, the S&P 500 rose by 2.53% and the tech-heavy Nasdaq gained 2.95%. In terms of US shares, Tesla whose CEO, Elon Musk is seen as a massive backer of Trump saw shares jump...

With the US election voting happening now, the markets responded with a rally on Wall St on Tuesday as the outcome of the election is expected to be tight between Kamala Harris and former President Donald Trump. The S&P500 rose 1.23% on Tuesday, while the Nasdaq added 1.43% and the Dow Jones ended the day up 1.02%. Based on historical data, the major averages tend to rally between Election Day...

Wall St closed lower overnight as investors await results from the US federal election this week. The Dow Jones fell 0.61%, the S&P500 lost 0.28% and the tech-heavy Nasdaq dropped 0.33%. Over in Europe, markets closed lower with the STOXX600 closing 0.3% lower. Technology stocks were the biggest losers, lowering 1.1%, whilst banks gained 0.7%. Germany’s DAX lost 0.56%, the French CAC dropped h...

Wall Street closed higher at the close of the first trading session for November despite the release of a weaker-than-expected jobs report out in the U.S. The unemployment rate held at 4.1% in October, but the US economy added just 12,000 jobs over the month which fell well short of economists’ expectations of 100,000 jobs being added. The Nasdaq gained 0.8% on Friday, the S&P500 rose 0.41% an...

The ASX200 declined in October due to a slump in utilities and consumer staples. Key themes this month included volatile oil prices, strong gold prices, and mixed US tech earnings. While Australian headline inflation eased, core inflation remained elevated, impacting the RBA’s rate-setting decisions.  In this week’s wrap, Grady covers:  (0:11): how the ASX200 performed in October  (1:29): quarterl...

Wall Street slipped on Wednesday as investors digested the first release of mega cap earnings results for Q3. The Nasdaq fell 0.56% a session after the tech heavy index posted a fresh record high, while the S&P500 and Dow jones lost 0.33% and 0.22% respectively.  Alphabet, Google’s parent company, kicked off the mega cap earnings results with a beat of analysts’ expectations driven by strong d...

Wall Street closed mixed on Tuesday with the Nasdaq extending its record run to end the day at a fresh record high as investors prepare for the release of key corporate earnings results out of some big tech names. The Nasdaq rose 0.78% to close at a record 18,712.75 points, while the S&P500 rose 0.16%, but the Dow Jones ended the day down 0.36%. Earnings season has driven investor sentiment th...

Wall St closed higher overnight as softening oil prices lift stocks. The Dow Jones rose by 0.65%, the S&P500 gained 0.27% and the tech heavy Nasdaq ended Monday’s trading session 0.26% higher. Over in Europe, markets closed higher with the STOXX600 ending Monday’s trading session 0.47% in the green. Gains were led by construction and media stocks which added 2% and 1.6% respectively, while oil...

The Nasdaq rose to a fresh record high on Friday while the other major averages ended the day lower as investors piled into the high growth sector ahead of key earnings results being released. The Nasdaq rose 0.56% to a fresh record 18,518.61 points, the S&P 500 inched 0.03% lower and the Dow Jones ended the day down 0.61%.Fast food giant McDonalds shares posted the biggest weekly loss since 2...

This week, we delve into Bell Potter's forecast for interest rate reductions, along with their top domestic consumer stock selections, given the recent decline in inflation and rental growth. In this week’s wrap, Sophia covers: (0:28): what the latest CPI reading means for markets (0:59): factors contributing to rental inflation (1:54): Bell Potter’s consumer stock picks (3:05): how the ASX20...

Wall St closed lower overnight as higher treasury yields weighed on market sentiment. The Dow Jones had its worst day since September falling nearly 1%, the S&P 500 dropped 0.92% and the tech-heavy Nasdaq lost 1.6%. Over in Europe, markets followed the US and ended Wednesday’s trading session in the red. The STOXX600 closed 0.3% lower with the majority of sectors ending in negative territory....

Over in the US on Tuesday, rising bond yields are pressured equities for a second session this week. The US 10-Year Treasury note yield briefly topped 4.2% for the first time in months before pulling back. The Dow Jones fell 0.02%, the S&P 500 lost 0.05% lower but the tech heavy Nasdaq ended the day up 0.18%. In Europe overnight, markets closed lower as investors assessed key corporate earning...

Wall St closed mixed overnight as the Dow snapped a three-day winning streak losing 0.8%. The S&P 500 fell 0.18%, whilst the tech-heavy Nasdaq ended Monday’s trading session 0.27% in the green. Over in Europe, markets closed lower as investors monitor heightened Middle Eastern tensions. The STOXX600 closed 0.7% lower with nearly all major sectors ending the day negatively. Losses were led by i...

6-straight weeks of gains were sealed across the major averages in New York on Friday with both the Dow and S&P500 setting fresh records at the closing bell. Over the week, the Dow and S&P500 gained 0.96% respectively, while the Nasdaq added 0.8%, with Q3 earnings results being the driver of gains throughout the last trading week. Netflix shares rose 11% on Friday after the streaming giant...

The ASX200 index rose 1.72% this week so far (Mon – Thurs), boosted by a strong 4% gain in the financial sector. Economic data, US earnings, and commodity price volatility influenced market movements. In this week’s wrap, Grady covers:  (0:20): the highlights in US earnings results released this week (2:03): key economic data out in China  (3:46): the best performers on the ASX200 this week (4:42)...

Wall St closed higher overnight as the Dow Jones rose to a record close following a sell-off in its previous session, rising 0.79%. The S&P 500 rose by 0.47% and the tech-heavy Nasdaq jumped by 0.27%. In terms of US stocks, Morgan Stanley gained 6.5% following strong third-quarter earnings which toppled Wall Street expectations. Over in Europe, markets closed lower overnight with chips stocks...

Wall Streets’ green run ended on Tuesday with the major averages move away from record territory as investors digest some key Q3 earnings results. The Dow Jones fell 0.75%, the S&P500 lost 0.76%, and the tech-heavy Nasdaq fell 1.01%. UnitedHealth fell 8.1% after the company trimmed full-year earnings outlook, while Bank of America rallied 2% on better-than-expected results. Citi shares fell ov...

Wall Street has extended on its record finish to trade higher yet again overnight. The Dow Jones jumped 0.47%, the S&P 500 gained 0.77% and the tech-heavy Nasdaq rose by 0.87%. So far, this third quarter earnings season, the 30 companies on the S&P500 that have reported have beat earnings expectations by about 5% on average which is better than the 3% beat this time last quarter. Over in E...

Wall Street closed in record territory on Friday as the big banks had a very strong start to the third-quarter earnings season. The Dow Jones added 0.97% to a fresh record 42,863.86 on Friday while the S&P500 gained 0.65% to a fresh record 5815.03 and the tech-heavy Nasdaq rose 0.33%, just 2% below its record high. JP Morgan Chase rose 4.4% after topping profit and revenue expectations for Q3...

Rio Tinto's acquisition of Arcadium Lithium has sent shockwaves through the lithium market. With its global reach and potential for supply deals with major carmakers, Rio's move suggests a renewed optimism about the future of lithium and the green energy transition. In this week’s wrap, Grady covers: (0:14): how Rio’s deal sparked interest in lithium mining (1:37): why Rio is optimistic...

Wall Street rose for a second straight session on Wednesday to record territory as investors shook off geopolitical concerns and bought back into tech stocks. The Dow Jones rose 1.03% to a record close, as did the S&P500 ending the day up 0.71% also to a record close, and the tech-heavy Nasdaq added 0.6% at the closing bell.  The driver of the rally in the US was the release of the Fed’s lates...

Wall Street closed higher overnight as lowering oil prices takes the pressure off stocks. The Dow Jones rose by 0.3%, the S&P 500 gained 0.97% and the tech-heavy Nasdaq ended 1.45% higher by the closing bell. Over in Europe, markets closed lower following eased stimulus talks coming out of China. The STOXX600 fell by 0.54% with all major sectors closing in the red, including mining stocks whic...

Wall Street fell on Monday amid rising oil prices and escalating tensions in the Middle East. The Dow Jones fell 0.94%, the S&P500 fell 0.96% and the Nasdaq ended the day down 1.18%. The benchmark 10-year treasury yield rose 3 basis points to 4.01%, marking the first time that the yield has topped 4% since August. US stocks failed to extend their rally from Friday following the release of a st...

Markets this week saw volatility in commodity prices, particularly in oil, gold, and iron ore. The rising geopolitical tensions in the Middle East, combined with China’s economic stimulus measures, are driving up the prices of these commodities. While this presents opportunities for investors, it also poses risks due to the potential for price fluctuations. In this week’s wrap, Grady covers: (1:29...

Wall St closed lower overnight as the slow start to October continues as Middle Eastern tensions continue and investors await for unemployment data later on tonight. The Dow Jones fell 0.44%, the S&P500 dropped 0.17% and the tech heavy Nasdaq lost 0.04%. Over in Europe, markets closed lower with the STOXX600 closing 1% lower. All major sectors closed in the red with construction and materials...