Market Updates

The S&P 500 gained 0.74% to close at a record high of 5,973.10. The Nasdaq Composite advanced 1.51% to reach 19,269.46 — its first close above 19,000. The Dow Jones Industrial Average was little changed, ticking down less than one point to 43,729.34. All three indexes hit intraday record highs during the session. Fed cuts rates 25bps. Very calm press conference. Powell will not resign if asked...

ASX 200 rose 27 points with a late surge to 8226 (0.9%) in an interesting reaction to a soaring US market. Resources actually held up with BHP up 0.9% and FMG up 3.3%. Lithium stocks also better led by PLS up 3.4%. MIN up another 3.3% despite the ASIC inquiry becoming official. Gold stocks were in trouble as stop losses kicked in, NST down 6.3% with EVN off 6.5%. Oil and gas stocks marched ahead,...

Wall Street rallied hard overnight reaching record highs after Trump secured the US presidency. All three major indices ended at record levels with markets expecting lower taxes, deregulation and a Trump that weighs in on everything from stocks to the USD. The Dow soared 1,508 points (+3.57%) ending near session highs. Up 1,557 points at best. The S&P 500 registered its one-day percentage gain...

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The S&P 500 rose solidly on Tuesday in a broad rally for stocks as traders awaited the results from a high-stakes U.S. presidential election. The benchmark index gained 1.23% to close at 5,782.76. The Nasdaq Composite advanced 1.43% to 18,439.17. The Dow Jones Industrial Average climbed 427.28 points, or 1.02%, and settled at 42,221.88. Banks, which would stand to benefit from deregulation und...

ASX 200 finishes down 33 points to 8132 (0.4%). Quiet trade on Cup day with the RBA leaving rates on hold as expected. Banks eased back slightly, CBA down 0.4% with WBC seeing some modest downgrades falling 1.5%. The BigBankBasket dropped to $ (). MQG still seeing selling off 1.8%. REITs mixed, GMG down 0.6% and CHC up 0.7%. Healthcare too coming under a little pressure, CSL off 0.8%, RMD down 0.2...

Wall Street closed in the red overnight following a choppy day of trade as polls continue to show a tight race in the US presidential election. The Dow Jones traded lower all session, down 258 points (-0.61%). Down 405 points at worst. S&P 500 lost 0.28% as utilities and healthcare stocks dragged while energy stocks outperformed buoyed by a near 3% rise in crude oil prices. The NASDAQ fell 0.3...

ASX 200 kicks 46 points higher to 8165 (+0.6%). Banks and industrials leading the charge higher. WBC rose 0.9% on a higher dividend and an extension of the buyback. CBA up 1.6% and the Big Bank Basket up to $246.72 (+1.3%). REITs slightly positive, SCG up 0.3% and tech and industrials better, WTC rallied another 2.6% on the calm, XRO up 1.4% and the All - Tech Index up 1.23%. QAN rallied another 1...

US equities rebounded from the previous day's sell-off led by Amazon’s 6.2% gain on strong results. Equity markets brushed off weak nonfarm payrolls data rising 12k last month , the smallest gain since December 2020, significantly below forecasts of 113k. S&P 500 advanced 0.41% halting its two-day rout and the NASDAQ rose 0.80%. The Dow added 289 points (+0.69%). Up 563 points at best. Ni...

ASX 200 down only 41 points at 8119 (-0.5%) after a good afternoon rally on iron ore miners turning positive. Some slightly better Chinese data helping. BHP up 0.3% and RIO bouncing 1.7%. MIN also doing well up another 3.1%. Gold miners still a drift as bullion stumbles. NST down 0.9% and EVN off 2.1%. Uranium stocks steady and oil and gas better as crude rallies in Asian trade. WDS up 1.1% and ST...

All three major US indexes finished in the red overnight led by tech stocks. Meta down 4.1% and Microsoft off 6.1% after both companies raised growing AI costs that could hit their earnings despite both companies beating earnings estimates. The Dow Jones traded in red all session finishing near session lows, down 378 points (-0.90%). Down 437 points at worst. The S&P 500 slid 1.86% wiping out...

ASX 200 closes down 20 points to 8160 (-0.3%) as some pre-election nerves creeping in. Banks were steady as results loom, NAB the standout up 0.9% with the Big Bank Basket at $244.82 (). Other financials drifted lower, ASX down 1.1% and SQ2 off 0.1%. REITs mixed, SGP up 0.2% and CHC off 0.4%. Industrials under a little pressure, COL down 0.6% on its trading update, WOW continues to struggle, off 2...

US equities end in the red following another round of corporate earnings and key economic data. The Dow Jones pared earlier gains and finished at session lows, down 92 points (-0.22%). Up 225 at best. The S&P 500 fell 0.33% and the NASDAQ slid 0.56%. Gaines in Alphabet +2.9% weren’t enough to offset losses in chipmakers with losses in Super Micro Computer -32.68% triggering a sell-off after th...

The ASX 200 has finished the day down 69 points or 0.8%. Selling set in from the open and continued all session long. The 11:30 inflation print did little to move the dial, showing a 0.2% rise in the September quarter and falling from 3.8% to 2.8% YonY . The smallest yearly rise since Q1 2021. Why not sign up for a free trial ? Get access to expert market insights and manage your investments with...

Wall Street closed mixed overnight. The NASDAQ hit a record high, gaining 0.78% propelled by gains in tech stocks. Alphabet jumped 5.18% in after-hours trade after topping Q3 revenue and earnings expectations. The Dow fell 155 points (-0.36%) as the market digests a bevy of corporate results. Up 104 points at best. Down 216 points at worst. The S&P 500 saw a mild gain, up 0.16% with all sector...

ASX 200 closed up 28 points to 8249 (+0.3%) locking in its third consecutive day of gains. Consumer discretionary stocks took centre stage today with MYR falling 1.55% after initially rallying ~7% and PMV advanced 9.9% after the two companies announced they’ve entered a binding agreement to combine apparel brands. Why not sign up for a free trial ? Get access to expert market insights and manage y...

US equities kicked off the week on a positive note ahead of the busiest week of corporate earnings with 169 companies set to report this week. The Dow added 273 points (+0.65%), shrugging off losses in Boeing -2.8% after the company launched a stock offering that could raise up to $22bn. Why not sign up for a free trial ? Get access to expert market insights and manage your investments with confid...

ASX 200 closes up 10 points at 8222 as caution creeps in. Quarterlies causing some serious volatility but banks under a little pressure with the Big Bank Basket down to $245.14 and CBA off 0.8%. ANZ eased after some accounting changes, other financials also slipped slightly. ASX down 0.4% after its AGM, insurers slightly higher, SUN up 0.9%. REITS slid, GMG off 0.6% and SGP down 0.4%. Industrials...

US equities ended mixed Friday as the Dow dropped 259 points (-0.61%), the NASDAQ   rose 0.56%, and the S&P 500 remained flat. Financial stocks came under selling pressure amid concerns over New York Community Bancorp's weak guidance, causing its shares to fall 8.2%, with Bank of America and Wells Fargo also lower, down 1.8% and 1.4% respectively. Tech stocks, however, were buoyed by anti...

The ASX 200 limped into the weekend up only 5 points to 8211, closing out the week down 0.87%. Banks solid again with CBA up 0.4% and the Big Bank Basket at $246.82 (+0.3%). Insurers were mixed, REITs slid, SGP down 1.2% and GPT off 0.6%. Industrials also weaker, Defensive supermarkets sold off, WOW and COL off with WES down 2.5%. Why not sign up for a free trial ? Get access to expert market insi...

US equities ended mixed, with the S&P 500 and NASDAQ gaining 0.21% and 0.76%, buoyed by gains in Tesla rallying 21.9%, its biggest rally since May 2013, following strong earnings and bullish forecasts. The Dow lost 141 points (0.33%) posting its fourth consecutive day of losses, its longest losing streak since June. Up 8 points at best. Down 323 at worst. Small firms Russell 2000 ticked 0.23%...

The ASX 200 finished a quiet session down 10 points to 8206 (-0.1%) again rallying off early lows as banks were back in fashion. CBA up 1.2% with the Big Bank Basket up to $246.15 (+1.0%). Financials firmed, QBE bounced back up 0.6% and GMG up 0.3% although REITs flat generally. Healthcare was mixed as CSL bounced a little. Why not sign up for a free trial ? Get access to expert market insights an...

Both the S&P 500 and the Dow had their third straight day of losses this week. The 30-stock Dow plunged 409.94 points, or 0.96%, ending the day’s session at 42,514.95. The S&P 500 lost 0.92%, closing at 5,797.42. The Nasdaq Composite lost 1.6%, ending at 18,276.65. Tesla up 10% after hours on better than expected results. SPI down 16 - Quarterlies and AGMs dominate COMMODITIES Oil slips 1%...

The ASX 200 finished a quiet session giving up early modest gains to close up 10 points at 8216. A mixed session, banks are holding firm with the Big Bank Basket up to $243.79 (+0.3%) with insurers easing as QBE fell 0.4% under an ASIC spotlight.   Why not sign up for a free trial ? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join...

The S&P 500 ended the session lower by 0.05%, closing at 5,851.20. It was the broad market index's first back-to-back loss since early September. The 30-stock Dow slid 6.71 points, or 0.02%, ending at 42,924.89 and posting a second straight losing day. The Nasdaq Composite outperformed with a gain of 0.18% to 18,573.13. McDonalds in Trouble with E - Coli outbreak ASX SPI up 23 - Gold and...