Between the Bells

The stock market isn’t always smooth sailing, reacting not just to company performance but also to the ever-shifting tides of global events. Geopolitical tensions from ongoing wars to escalating cyber threats, can create uncertainty and market volatility. However, for investors, this doesn’t necessarily translate to negative outcomes. By understanding the risks and focusing on long-term strategies...

Wall St closed higher overnight as the S&P 500 and the Nasdaq hit new records. The Dow Jones rose 0.35%, the S&P 500 jumped just over 1% and the tech-heavy Nasdaq rallied over 1.5%.  Over in Europe, markets closed higher overnight as the European Central Bank’s held its interest rates steady at a record 4% and revised inflation in 2024 to 2.3% from 2.7%. Germany’s DAX finished 0.71% higher...

It was a positive session on Wall Street overnight, with the market turning a corner after a few consecutive losing sessions.  with the Dow Jones up 0.2%, the S&P500 up 0.5% and the Nasdaq up 0.6%.  European markets also advanced with all major benchmarks closing in the green.  What to watch today: The Australian share market is set to open higher this morning, with the SPI futures suggesting...

Wall St fell overnight as Apple shares declined, pulling technology stocks down. The Dow Jones and the S&P 500 lost just over 1% each with the tech-heavy Nasdaq ending the session 1.65% in the red. Apple lost 3% following the release of a report from Counterpoint Research that showed iPhone sales in China plunged in the first six weeks of 2024.  Other tech stocks such as Netflix and Microsoft...

Wall St closed lower overnight, despite a rally in AI stocks as part of the artificial intelligence boom. The S&P500 lost 0.12%, the Dow Jones fell 0.25% and the tech-heavy Nasdaq ended the trading session 0.41% lower. These losses were pulled back by AI company Nvidia, which soared 18% as the S&P Dow Jones indices revealed it would join the S&P 500 later this month. Over in Europe, ma...

Well, it was a positive session on Wall Street, with all three major benchmarks closing in the green on Friday. The tech-heavy Nasdaq surged more than 1%, to an all-time high, surpassing its 2021 record as investors look to tech stocks amid the AI boom. Meanwhile the Dow Jones gained 0.23% and the S&P500 gained 0.8%.  Locally, the ASX200 ended the week with a 1.3% gain, with the tech sector le...

As we approach the close of the February 2024 reporting season, 346 companies have shared their results, offering a mixed bag of beats, meets, and misses. While investor sentiment has been volatile, with share prices reacting dramatically to both positive and negative news, brokers have been more cautious, issuing slightly more downgrades than upgrades. So, what were the key themes that emerged du...

Wall St closed higher overnight as investors shrugged off unfavourable key inflation data to post gains across the key indices which remain in line for a winning month. The inflation data reading came in the form of US core PCE prices which excludes food and energy increasing by 0.4% from the previous month, while rising at an annual rate of 2.8%, indicating inflation in the world’s largest econom...

Wall St has closed lower for the third straight day as investors await Important inflation data coming out later in the week. The Dow Jones lost 0.06%, the S&P500 dropped 0.17% and the tech-heavy Nasdaq ended the trading session 0.55% lower. Over in Europe, markets closed lower as cautious investment sentiment continued on from earlier in the week. The STOXX600 closed 0.3% lower with the major...

Wall Street reversed morning losses to close mostly higher on Tuesday as investors prepare for the release of key inflation data later this week. The Dow Jones fell 0.25% while the S&P500 added 0.17% and the tech-heavy Nasdaq gained 0.37% on Tuesday. Retail giant Macy’s is up more than 3% during the session after announcing it would close around 150 of its struggling bricks and mortar retail s...

The ASX started the week up 0.1% at the closing bell on Monday as investor sentiment was boosted by some strong corporate earnings results and the local index took lead from Wall Street’s record close on Friday. The energy sector weighed on yesterday’s gains following a decline in the price of oil overnight. The consumer discretionary sector on the other hand was the top performer yesterday as Wes...

Wall Street ended Friday’s session with a record close across the Dow Jones and S&P500 however the tech-heavy Nasdaq fell 0.28%. For the week, the Dow Jones added 1.3%, the S&P500 rallied 1.66% and the Nasdaq rose 1.4%. On the corporate earnings front, Afterpay parent company Block surged 16% after releasing fourth-quarter results that topped Wall Street estimates. Used car retailer Carvan...

As we end week 3 of the local reporting season calendar, 159 companies have reported their earning results, with 57 beating expectations, 60 meeting expectations and 42 missing expectations. 22 companies have been upgraded by brokers, while 26 were downgraded, mostly due to slowing earnings growth and cost management inefficiencies across the first half. So, what were the market movers this week? ...

Wall St closed mixed overnight as investors reacted to further earnings reports. The Dow Jones and S&P 500 both rose by 0.13% with the tech-heavy Nasdaq ending the trading session down 0.32%. Over in Europe, markets closed slightly lower as markets failed to gain any positive momentum. The STOXX600 closed 0.2% lower with the majority of sectors ending the trading session in the red. Losses wer...

Over in the US today on this holiday shortened trading week, stocks closed Tuesday’s session lower across the board led by the tech-heavy Nasdaq declining 0.92% on investor fears of overvaluation of the tech juggernaut stocks including Amazon, Microsoft and Nvidia which is set to report after the closing bell. The Dow Jones fell 0.17% on Tuesday while the S&P500 ended the day down 0.6%. It was...

Over in the US, Wall Street was closed on Monday due to the Presidents Day holiday, with trading to resume tomorrow. In Europe overnight, markets closed mostly higher, carrying on the positive sentiment of last week with the STOXX600 closing the day up 0.17% driven by a rally for healthcare stocks. Germany’s DAX bucked the positive start to the week closing the session down 0.15%, while the French...

Wall Street ended a 5-week winning streak across the key indices on Friday with the Dow Jones retreating more than 100 points as investors reassessed the outlook for the Fed to cut rates with anticipation rate cuts will come later than first expected. The S&P500 fell almost half a percent on Friday while the tech-heavy Nasdaq declined 0.82%. For the week, the key indices each posted their firs...

We are now halfway through reporting season, a time when the majority of ASX-listed companies are releasing their financial results, provoking much share price movement across the market. So far this reporting season, 53 companies have reported earnings, with 23 beating market expectations, 19 in line with what analysts anticipated, while 11 missed expectations.  In this week’s wrap, Sophia covers...

Wall St closed higher overnight as the S&P 500 closed at a record high rising 0.58%, tipping over the 5,000 point mark. The Dow Jones gained 0.91% and the tech-heavy Nasdaq rallied 0.3% In terms of US stocks, Tesla and Meta both outperformed expectations which saw them rise 6% and 2% respectively. Over in Europe, markets closed higher as investors continue to react to corporate earnings as the...

Wall St closed higher overnight, gaining back losses sustained in it’s previous session. The Dow Jones jumped 0.39%, the S&P 500 closed 0.96% higher and the tech-heavy Nasdaq rallied 1.30%. In terms of US shares Lyft posted better-than-expected results in the fourth quarter which lead to a 36% jump for the ride-hailing company.  Over in Europe, markets closed higher as investors react to the l...

Wall St closed lower overnight following the release of hotter-than-expected inflation data for January. The Dow Jones fell 1.35%, the S&P 500 lost 1.37% and the tech-heavy Nasdaq ended the day 1.8% in the red. The consumer price index rose 0.3% in January from December and increased 3.1% on an annual basis, which was above the 0.2% month-on-month and 2.9% annual rate that economists were expe...

Wall Street closed mixed on Monday with the Dow Jones rising to a record close, building on the momentum of last week as investors responded to key earnings results and await the release of core inflation data out later this week to determine the broader picture of business and economic stability in the higher interest rate environment.  European markets started the week in positive territory acro...

Wall Street closed mixed on Friday with the S&P500 climbing 0.57% to close above 5000 points for the first time ever on Thursday as investors responded to December’s revised inflation report came in below first reported reading. The Dow Jones fell 0.14% at the closing bell while the tech-heavy Nasdaq ended the day up 1.25%. Over the 5 trading days last week the S&P500 added 1.4% in its 5th...

Reporting season has kicked off and 13 companies released their financial results so far, with 6 beating expectations and 7 meeting expectations. In this week’s wrap we highlight the results and investor reactions to some key companies.  Locally, from Monday to Thursday, the ASX200 fell 0.78%, weighed down by the materials and energy sectors and tracking the heavy losses on global markets. In this...

Wall St closed higher overnight with the S&P 500 on the verge of reaching the 5,000 level for the first time ever. The Dow Jones rallied 0.13%, the tech-heavy Nasdaq saw a rise of 0.24% and the S&P 500 saw an increase of 0.06%.  In terms of US stocks, Disney rallied 11% after beating quarterly earnings estimates and raising its guidance. Over in Europe, markets closed mixed as investors re...