Between the Bells

ASX heavyweights released results this week that painted a mixed picture about the outlook for FY25. Over August, 275 companies released results, with 85 beating expectations. From soaring profits to unexpected setbacks, join Grady as she delves into the details and analyses the implications for investors. In this week’s wrap, Grady covers: (0:37): how Wesfarmers shares declined following strong r...

Wall St closed mixed on Thursday as the Dow Jones closed at fresh highs overnight. The tech-heavy Nasdaq fell 0.23%, the S&P500 remained flat and the Dow Jones gained 0.59% to end the trading day. Over in Europe, markets closed higher as investors reacted to interest rate decisions across Europe. The STOXX600 closed 0-.74% higher with all major sectors ending Thursday’s trading session in the...

Wall Street closed lower at the end of the midweek session as investors braced for the release of Nvidia’s Q2 earnings results that were released after the closing bell. The Dow Jones fell 0.39% on Wednesday, the S&P500 lost 0.6% and the tech-heavy Nasdaq ended the day down 1.12%. Nvidia’s results have fast become one of the most important pieces of data the market analyses for outlook on grow...

Over in the US, markets closed higher as investors await further key corporate earnings out later this week. The Dow Jones rose by 0.02%, the S&P500 rallied 0.16% and the tech-heavy Nasdaq ended the day 0.16% in the green.  Investors are eagerly awaiting the release of results from AI and chip making giant Nvidia, which will come out after the closing bell on Wednesday, to gain insight into th...

Overnight, Wall St closed mixed as the Dow Jones ended the day at record highs despite the sell-off earlier in the month. The S&P 500 fell 0.32%, the tech-heavy Nasdaq lost 0.85% and the Dow Jones rose by 0.16% by market close. Over in Europe, markets followed the US and closed mixed as investors react to rising tensions in the Middle East following strikes by both Israel and Hezbollah over th...

Wall Street ended Friday’s session higher after Fed Chair Jerome Powell indicated rate cuts are on the horizon at his Jackson Hole Economic Symposium speech on Friday. The Dow Jones added 1.14% on Friday while the S&P500 rose 1.15% and the tech-heavy Nasdaq ended the day up 1.47%. Powell said ‘the time has come for policy to adjust’ which was music to all investor ears after over a year of an...

Reporting Season is in full swing, with 93 companies reporting so far displaying some interesting trends. Retailers like Super Retail Group and Universal Store showcased resilience despite the tough economic conditions, delivering solid FY24 results and strong starts to FY25. Meanwhile the tech sector made waves in the past week with WiseTech Global surging 28% following strong FY24 results. • (0:...

The likelihood of a rate cut out of the Fed in September sent Wall Street back into rally mode overnight as investors digested the positive rate outlook in the Fed’s latest FOMC meeting minutes. The S&P 500 rose 0.42% on Wednesday, while the Nasdaq added 0.57%, and the Dow Jones ended the day up 0.14%. Wall Street now awaits further indication of rate cuts out of Fed Chair Jerome Powell at his...

Wall Street’s 8-day winning streak ended overnight as investors took a breather from the comeback rally after the early August mass market sell-off. The Dow Jones fell 0.15% on Tuesday, the S&P500 lost 0.2% and the tech-heavy Nasdaq ended the day down 0.33%. This week, investors are preparing for the Federal Reserve’s annual Jackson Hole Economic Symposium where Fed Chair, Jerome Powell, will...

Wall St closed higher overnight as the Nasdaq rallies for its 8th straight session. The Dow Jones closed over half a percent higher, the S&P 500 closed 1% in the green and the tech-heavy Nasdaq rallied 1.39% overnight. Over in Europe, markets closed higher on Monday following the global market rally last week. The STOXX600 ended the trading session 0.64% higher with all sector ending in positi...

Wall Street closed higher on Friday to end the best week across the major averages in 2024, posting a major comeback from the mass exodus of equities that started August on a very sour note. The Nasdaq rose 0.21% on Friday and 5.2% for the week, the S&P500 added 0.2% on Friday and 3.9% for the week and the Dow Jones rose 0.24% on Friday and 2.9% for the week. Economic data released late last w...

This week has seen the emergence of key trends driving investor reactions to FY24 results including high-cost pressures depleting margins across the board, retailers beating expectations, and the outlook for FY25 being the most important metric for investors assessing results this reporting season.   In this week’s wrap, Grady covers: (0:47) Goodman Group exceeding expectations (2:46) energy leade...

Wall St closed higher overnight following the release of positive US inflation data. The Dow Jones closed 0.61% higher, the S&P500 closed in the green for the 5th straight day, up 0.38% and the tech-heavy Nasdaq rose slightly by 0.03%. US core inflation data which excludes volatile items such as food and energy were released overnight, coming in at 3.2% year-on-year which was 0.1% lower than t...

Wall Street’s rally has extended into another session on Tuesday as equities move closer to July’s record following the release of PPI inflation data and ahead of the inflation reading out tonight. The Dow Jones rose 1.04%, the S&P500 added 1.68% higher and the tech-heavy Nasdaq ended the day up 2.43%. The US producer price index increased 0.1% in July which fell short of economists’ expectati...

Wall St closed mixed overnight as investors await key inflation data, set to be released on Wednesday. The Dow Jones closed 0.36% lower, the S&P 500 closed flat overnight and the tech-heavy Nasdaq saw a rise of 0.21%. Over in Europe, markets closed mixed as investors await inflation data to come out from both the US and the UK. The STOXX600 closed flat overnight with travel and leisure stocks...

Wall Street continued its recovery-rally on Friday to close higher across the three key averages as weaker-than-expected initial jobless claims data out on Thursday boosted investor hopes that the U.S. will avoid recession in favour of a soft landing. The Dow jones rose 0.13% on Friday, the S&P500 added 0.47% and the tech-heavy Nasdaq ended the day up 0.51%. Over in Europe, markets closed high...

Reporting season if off to a rock start. While only a handful of ASX-listed companies have unveiled their FY24 results, a clear trend of rising costs and a gloomy outlook for the coming year is already emerging. Discover which companies are weathering the storm and which are facing headwinds.  In this week’s wrap, Grady covers:  (0:37): what happened to Transurban this week (1:39): why retailers a...

  Wall St closed higher overnight after new labour market data boosted investors confidence following a sell-off earlier in the week. The Dow Jones rose 1.76%, the S&P 500 had its best day since 2022, rising 2.3% and the tech-heavy Nasdaq gained 2.87%. US jobless claims data was released overnight, coming in below its previous result of 250k to 233k, taking some pressure of concerns on the str...

 Wall Street’s rollercoaster week extended into the midweek session as stocks went from a rally on Tuesday to a sea of red again on Wednesday as investor fears of recession drive investor sentiment in the current market conditions. The Dow Jones fell 0.6% on Wednesday, the S&P500 dropped 0.77% and the tech-heavy Nasdaq ended the day down 1.05%. Super Micro Computer shares tanked 20.1% after th...

Over in the US on Tuesday the steep sell-off of the previous three sessions took a pause with stocks recovering some losses, as investors took a pause from the recession-fear-driven pull-back. The Dow Jones rose 0.76% on Tuesday, the S&P500 rose 1.04% and the tech-heavy Nasdaq ended the day up 1.03%. US investors began the US Market correction last Friday after US jobs data came in weaker-than...

A weaker-than-expected jobs report out in the US on Friday sparked a broad sell-off to end the week on Wall Street as recession fears continue to rise. The Dow Jones fell 1.51% on Friday, the S&P500 lost 1.84% and the tech-heavy Nasdaq tumbled 2.43%. The unemployment rate in the US rose to the highest level since October 2021 in July to a rate of 4.3%, while nonfarm payrolls grew by just 114,0...

Australia’s corporate landscape is facing a perfect storm. Rising costs, fierce competition, and softening economic conditions are putting pressure on companies across the board. The upcoming earnings season will reveal the full extent of these challenges. Discover the key trends and potential investment opportunities in this week’s video. In this week’s wrap, Sophia covers: (0:11): how economic h...

Wall St soared overnight as the Federal Reserve kept interest rates unchanged, while hinting at possible cuts in September. The Dow Jones rose 0.24%, the S&P500 had its best day since February, rising 1.58% and the tech-heavy Nasdaq gained 2.64%. In terms of US stocks, tech giants made a big comeback, led by Nvidia which rallied 12.8% overnight. Other stocks including Apple, Meta Platforms and...

Wall St closed mixed overnight as investors dropped some big name tech stocks before earnings reports are released. The Dow Jones gained half a percent, the S&P500 fell half a percent and the tech-heavy Nasdaq fell 1.28%. Investors pulled out of some big-name tech stocks overnight including Nvidia which dropped 7%, while Microsoft fell nearly a percent. Other stocks to decline overnight includ...

Wall St closed mixed to start the trading week as investors prepare for the start of earnings season. The Dow Jones closed 0.12% lower overnight, the S&P500 gained 0.08% and the tech-heavy Nasdaq ended Monday’s trading session 0.07% higher. Over in Europe, markets closed lower as investors look ahead to European Central Bank meetings later this week. The STOXX600 closed 0.18% lower with the ma...