Between the Bells

Wall Street closed mixed on Friday but higher across the three major averages for the week as investors welcomed softer economic data over recent weeks. The Dow Jones industrial average rose 0.34% on Friday to top 40,000 points for the first time in history which has some investors questioning how far the current rally can go, but the recent inflation on earnings outlined in many corporate results...

This year's Federal Budget had a clear focus on easing the cost of living burden and tackling housing affordability. Watch our latest video update to learn how it affects you. In this week's wrap, Sophia covers: (0:12): surprise surplus, cost-of-living relief measures & tax cuts (1:37): the government's plans to tackle the housing shortage (2:24): what the increased Super Guaran...

Wall St closed higher overnight following a lighter than expected US inflation report. The S&P 500 and tech-heavy Nasdaq closed at record highs gaining 1.17% and 1.4% respectively with the Dow Jones also rallying 0.88%. The consumer price index rose 0.3% in April which was 0.1% less than the 0.4% increase estimated by the Dow Jones. Over in Europe, markets closed higher following the announcem...

As we approach the close of FY24, it's a prime opportunity to review your portfolio and investment strategy for the upcoming year. Understanding the current economic landscape will be crucial in making informed decisions for FY25. We're excited to share an insightful conversation between AMP's Deputy Chief Economist, Diana Mousina, and Bell Direct’s Market Analyst Grady Wulff. Diana...

Wall St closed higher overnight as the Dow Jones secures its 7th winning day up 0.85%. The S&P 500 gained over half a percent and the tech heavy Nasdaq also rallied 0.27%. In terms of US stocks, both Home Depot and Caterpillar led the Dow in Thursdays trading session, rising more than 2% each. Over in Europe, markets closed higher as positive momentum was gained from a busy week of earnings. T...

Wall Street closed mixed again on Wednesday as investors reacted to comments made by federal reserve officials this week signalling rates need to stay higher for longer in order to tame inflation to the target rate. The Dow Jones industrial average posted its sixth straight winning day, ending the session up 0.44% to notch the longest green streak in 2024, while the S&P500 closed just 0.03% lo...

Wall Street closed mixed on Tuesday as investors questioned whether the recent rally can be maintained given the latest economic data readings painting a mixed picture about the rate cut outlook in the US with the odds for a cut in September currently sitting at 67%. The Dow Jones rose 0.08% for a fifth consecutive winning day, the S&P500 added 0.13%, and the tech-heavy Nasdaq ended the sessio...

Wall St closed higher overnight as traders lifted Federal Reserve rate cut expectations. The Dow Jones closed 0.46% higher, the S&P 500 ended the trading session over 1% higher and the tech-heavy Nasdaq closed 1.19% in the green. Over in Europe, markets closed higher following the release of softer-than-expected US jobs data. Germany’s DAX rose 0.96% and the French CAC and the FTSE 100 both ga...

Wall street closed higher on Friday bolstered by a softer-than-expected jobs report which boosted investor hopes of rate cuts in the near future. The Dow Jones rose 1.18%, the S&P500 added 1.26% and the tech-heavy Nasdaq climbed 1.99% on the rate cut optimism. Non-farm payrolls indicated 175,000 jobs were added to the U.S. economy in April, which was well below the 240,000 economists were expe...

This week's US earnings season was a mixed bag of highs and lows in the market spotlight. Pfizer soared despite COVID vaccine sales dip, while PayPal and Pinterest showed tech potential. Yum Brands stumbled, despite Taco Bell's digital surge. Coca-Cola beat expectations but grappled with inflation and market shifts. In this week’s wrap, Sophia covers: • (0:29): Pfizer’s strong quarter de...

US equities closed mixed overnight after the Federal Reserve kept rates on hold at 5.25% – 5.5% and ruled out that the central bank’s next move could be a hike. While the Dow Jones closed higher off the back of the Fed’s announcement, the broader market finished lower after a volatile trading session. During the session the S&P500 was up 1.2% before closing 0.34% lower, and the tech-heavy Nasd...

Wall Street tumbled on Tuesday to close out a losing month following the release of the latest inflation related data and ahead of the Fed’s latest interest rate decision out on Wednesday US time. The S&P500 fell 1.57%, the Dow Jones lost 1.5% and the tech-heavy Nasdaq tumbled 2.04%. For the month of April, the three key indices are set to post a notable loss. Higher-than-expected wages data h...

Wall Street opened the new trading week higher as investors prepare for a big week of corporate earnings results and the latest Federal Reserve meeting. The Dow Jones rose 0.38%, the S&P500 added 0.32% and the tech-heavy Nasdaq gained 0.35%. Tesla jumped more than 15% on Monday after overcoming a hurdle for its self-driving technology in China, while Domino’s Pizza gained more than 5% after re...

Wall St returned to rally mode on Friday following the release of strong earnings results and fresh US inflation data. The S&P500 and Nasdaq both posted their best week since November and closed up 1.02% and 2.03% respectively on Friday while the Dow Jones added 0.4% ended Friday’s session up 0.4%. Alphabet was a key driver of the rally on Friday with the stock lifting 10% after the tech jugge...

Wall St closed lower overnight after the latest economic data showed a slowdown in growth, pointing to persistent inflation. The Dow Jones closed nearly 1% lower, the S&P500 closed 0.46% in the red and the tech-heavy Nasdaq fell 0.64%. US GDP data was released overnight, coming in at 1.6% in the first quarter which was lower than the forecast of 2.4%. Inflation data also increased at a 3.4% pa...

Over in the US on Tuesday, strong corporate earnings results drove Wall Street into rally territory following a turbulent, widespread sell-off last week. The Dow Jones rose 0.69%, the S&P500 gained 1.2% and the Nasdaq ended the session up 1.6%. Music streaming platform Spotify jumped 11.4% on Tuesday after beating Wall Street’s first-quarter expectations, while Tesla is set to report earnings...

Wall St closed higher overnight as the S&P 500 broke a 6-day losing streak. The Dow Jones gained 0.67%, the tech-heavy Nasdaq rallied 1.11% and the S&P 500 ended the trading session 0.87% in the green. In terms of US shares, Nvidia jumped 4.4% following a 14% sell off last week with Arm Holdings also rebounding nearly 7% overnight. Over in Europe, markets closed higher with the STOXX600 cl...

Wall Street ended Friday’s session mostly in the red as the theme has gone in the U.S. over the last week with investor jitters rising amid fears of a pushback in the rate cut outlook from the Fed due to inflation remaining sticky in the world’s largest economy. The Nasdaq fell over 2% on Friday as investors retreat from chip stocks including Nvidia plummeting 10%, and Netflix falling 9% even afte...

Wall St closed lower overnight as the S&P 500 fell for the fifth straight day, its longest losing streak since October. The Dow Jones gained 0.06%, the tech-heavy Nasdaq lost over half a percent and the S&P 500 lost 0.22%. Over in Europe, markets closed higher as investors speculate about the first interest rate cut by the European Central Bank. Germany’s DAX closed 0.38% higher, the Frenc...

Wall St closed lower on Wednesday with the S&P500 posting its fourth consecutive losing session, as key technology names weighed on the market midweek. The Dow Jones fell 0.12% on Wednesday, the S&P500 lost 0.58% and the tech-heavy Nasdaq declined 1.15%. High growth stocks faced the biggest pressure on Wednesday as the Fed’s higher for longer consensus dampens growth runways for stocks of...

Wall street closed mixed on Tuesday after Fed Chair Jerome Powell said interest rates may need to stay higher for longer if inflation drivers and prices remain sticky. The Dow Jones rose 0.17%, boosted by UnitedHealth shares on the back of better-than-expected first quarter revenue. The S&P500 fell 0.21% on Tuesday and the tech-heavy Nasdaq ended the day down 0.12%. Powell remarked that recent...

Wall St closed lower overnight as geopolitical tensions continue in the Middle East. The Dow Jones fell 0.65%, the S&P500 lost 1.2% and the tech-heavy Nasdaq ended the trading day, 1.79% in the red. The CBOE Volatility index, Wall Street’s fear gauge closed at its highest level since October following Iran’s attack on Israel on Saturday night, the first direct attack on Israel from Iran. Over...

Rising geopolitical tensions and inflation concerns were the drivers of Wall Street’s negative close on Friday with the Dow Jones suffering its worst session since January. The launch of attacks on Iran from Israel fuelled oil prices to surge over the weekend paired with fresh U.S. imports data added fuel to investors concerns of rising inflation pushing back the outlook for rate cuts in the world...

Rate cuts are on hold as US inflation unexpectedly heats up. The latest data reveals a second consecutive month of rising inflation, dashing hopes for a cool down in June. We'll delve into the key drivers of this inflation surge and what it means for you.  In this week’s wrap, Grady covers:   (0:10): the latest US inflation reading (0:43): the outlook on the Fed rate cut (0:54): key inflation...

Wall St closed higher overnight as tech shares climbed higher following concerns of persistent inflation. The S&P500 rallied 0.74%, the tech-heavy Nasdaq climbed 1.68% while the Dow Jones closed flat. In terms of US stocks, Nvidia jumped 4.1%, Amazon gained 1.7% and Alphabet ended the day more than 2% in the green. Over in Europe, markets closed lower overnight after the European Central Bank...