Market Updates

US markets had a strong rally overnight with the S&P 500 (+1.92%) posting its best day in three weeks. The Dow finished just off highs, up 754 points (+2.43%). SPI Futures are indicating a strong day of trade ahead for Aussie markets, up 79 points (+1.21%).  Get all you need to know for today with Henry’s Breakfast Briefing. ASX 200 SPI Futures  up 79 Points (1.2%) Dow up 754 points (2.4%) Nas...

ASX 200 fell 38 points to 6650 (-0.6%). Asian markets all weaker and RBA minutes kicked in at 11.30am to help us down a little. Volumes remain modest. Resources turned turtle with iron ore miners mixed on BHP production report, down 1.0%. FMG up 0.7% whilst base metals stocks slipped quietly away, IGO down 1.4%, S32 off 2.3% and LYC down 1.6%. Lithium stocks a little depressed, AKE off 3.3% and PL...

US stocks slipped overnight, the Dow posted its biggest loss in more than two weeks, giving up early gains to finish down 193 points (-0.32%). SPI Futures are pointing to a 21-point loss today after a good start to the week yesterday.  Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 21 Dow falls 216 (0.7%) as Apples freezes hiring Nasdaq down 92 points (0.8%) S&amp...

 ASX 200 kicks 82 points to 6666 (1.2%) as bank rally after Citi results and iron ore steadies in Asia, giving BHP a 2.4% lift. Late kick helps too, with 25 points on match out. The Miners were better across the board with RIO up 2.1% and FMG up 3.4%. Base metals doing well, S32 up 2.1% and IGO up 4.4% and lithium stocks doing well, LTR up 8.4%, INR better by 5.8% and PLS rallying 2.5%. Oil and ga...

US stocks rallied on Friday night, with better-than-expected retail sales and a jump in bank stocks acting as a catalyst for markets. The Dow gained 658 points, closing on highs. SPI Futures are pointing to a 57-point gain.  Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI Futures up 57 Dow up 658 points (2.2%) Citi drives bulls. S&P 500 up 73 (1.9%) Nasdaq up 201 points (1.8%...

ASX 200 falls 45 points to 6606 (-0.7%) after a solid rally off lows. Resources took the big hit. Banks had a decent rally off early lows. Resources saw commodities flop and took the sector with it. BHP down 3.5%, FMG off 6.2% and RIO down 2.9%. Gold miners also fell, NCM down 2.8%, NST off 2.5%. Base metal stocks hit, IGO down 7.1%, POS off 2.4% and S32 falling 3.7%. Lithium stocks down but escap...

US stocks rallied into the close from early lows as rate-hike concerns and weak results from Morgan Stanley and JPMorgan hurt the market. The Dow finished down 143 points (-0.46%). SPI Futures are pointing to a 52 point loss (-0.79%) with iron ore and base metals all moving lower.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 52 points. Dow closes down only 143 points...

 ASX 200 rallied 29 points to 6651 (0.4%) despite US CPI and a strong jobs number locally. Resources firm., Banks weak ahead of US reports tonight. The Big Bank Basket fell to $163.39 (1.3%).  CBA off 1.5%, MQG falling 0.2% and insurers under pressure, SUN down 0.2% and QBE unchanged Industrials firm with CSL up 0.8%, RHC up 1.1% in the healthcare space, TLS rallied 0.8% on its acquisition finalis...

US stocks hit a roadblock as inflation came in hotter than expected at 9.1%, although recovered into the close. The Dow still finished down 209 points (-0.67%). SPI Futures indicating a muted day of trade, down four points.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 4 points. Dow falls 209 points (0.7%) Choppy and low volume. Nasdaq down 17 points (0.2%) S&P 500...

 ASX 200 closed up 15 to 6605 (0.2%) as a late afternoon charge helped. A mixed quiet session as we await the US CPI release tonight. Banks firmed slightly with the Big Bank Basket up to $165.67 (0.7%). CBA the star up 1.1% with MQG doing well up 2.2%. MFG slightly higher too up 2.9%. Insurers flat with IAG down 1.1%. Industrials higher with TLS up 1.0%, WES up 1.2%. GMG rose 2.4% with REITS flat...

US stock fell overnight as recession fears continue ahead of the CPI number tonight. The Dow finished down 192 points (-0.62%). SPI Futures are predicting a flat open.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures unchanged. Dow falls 193 in late fall (0.6%) Nasdaq down 108 points (1.0%) S&P 500 drops 36 points (0.9%) Base metals ease. Copper down 2.9% Gold down 0.5% Ir...

ASX 200 gave up early gains to close up 4 points at 6606 (+0.1%). Resources were once again on the nose after more shutdowns in China affecting stimulus hopes with recession fears trumping all. Iron ore miners led falls, BHP down 1.4%, MIN off 2.6% and base metal stocks weaker with lithium depressed. INR down 7.5%, PLS off 2.2% and AKE down 4.8%. Coal and energy stocks firmed with WHC up 1.8% and...

US markets pulled back overnight amid rising Covid concerns in China and ahead of the CPI number later this week. SPI Futures are up 18 points.  Get in the know with Henry's Breakfast Briefing. ASX 200 SPI Futures up 18 Dow down 164 (0.5%) Nasdaq down 263 (2.3%) Twitter falls 11.3% on Musk pulling out.  S&P 500 down 45 (1.2%) Base metals ease. Gold down 0.5% Iron ore down 1.9% Oil steady....

1. ASX 200 fell 76 points to 6602 (1.1%) on next to no volumes. Closed on day low. US futures turned negative with big week ahead and profit taking hitting last week’s winners. Banks fell with the Big Bank Basket down to $162.85 (0.2%). MQG slipped 1.7%, ASX off 1.8% and MFG rose 0.8%. Insurers held up as bond yields rose to 3.53%. Healthcare mixed, CSL up 0.2% with FPH and RMD snoozing, Industria...

US stocks closed the week mixed but the major indices posted gains overall. SPI Futures closed up 20 points on Saturday morning.  Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI Futures up 20 points Dow down 46 points (0.2%) Nasdaq up 14 points (0.1%) S&P 500 unchaanged. US jobs numbers 372k better than expected.  Base metals ease slightly. Oil up 2.3% Gold up 0.1% Iron ore d...

  ASX 200 rose 30 points to 6678 (+0.5%) in lacklustre trade to end its best week since March. It was another day of bifurcation with resources turning green and banks seeing red. The Big Bank Basket slipped back to $163.35 (-0.4%). Insurers flat. MFG down 3% again on leaky FUM , GQG down 4.1% on its FUM. MQG flat with PNI up 1.7% after good results yesterday. Healthcare doing nada, RHC up 0.9% on...

US stocks rallied as fed hawks downplayed recession fears. The S&P 500 (+1.5 %) and NASDAQ (+2.28%) posted their longest winning streaks since March, while the Dow finished up 1.12%. Looking to finish off the week on a positive note SPI Futures are up 49 points (+0.75%).  Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 49 points (0.8%) Dow up 347 points (1.1%) Na...

A volatile session in the US saw the Dow close right in the middle of its trading range for the session overnight, up 70 points (+0.23%). Markets liked the note of certainty that came from the Fed’s meeting minutes, discussing the coming 50-75bps rate hike. SPI Futures are up 35 points (+0.54%) this morning.  Catch up on the latest market news with Henry’s Breakfast Briefing. ASX 200 SPI Futures u...

 ASX 200 fell 35 points to 6594 (0.5%) as commodity stocks remain under serious pressure on crude falls. Iron ore stocks led the falls with BHP down 5.6% (34 index points alone) and FMG off 4.9%. Gold miners slid on bullion falls, NCM down 6.6% RRL down 6.9% and EVN off 4.0%. Base metals also in the firing line, IGO collapsed 4.9%, S32 off 8.3% and AKE down 4.0%. Energy stocks also on the nose, WD...

US markets were a little mixed overnight. The Dow finished down 129 points, with tech outperforming, leading the NASDAQ to a 194-point gain. The big story from the night though, was the oil price as WTI crude fell below US$100 a barrel. SPI Futures are down 64 points as the energy sector looks to be topping out fast. ASX 200 SPI Futures down 64 points (1%) Dow down 126 points in volatile trade (0....

ASX 200 rallies 17 points to 6629 (+0.3%) on very light volumes. School holidays and end-of-year marketing reports taking their toll. RBA decision kept many players on the sidelines as Lowe moved 50bps as widely expected. Rally petered out at the close. Resources doing ok despite some concerns in iron ore, BHP rose 0.3%, FMG up 1.5% and RIO unchanged despite news on Simantou. Gold miners doing wel...

US markets are closed for July 4th Independence Day holiday. SPI Futures are up a single point this morning, muted ahead of the RBA interest rate decision today at 2:30 pm.  Get up to speed on all the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 1 US markets closed for Independence Day European markets slightly positive. Dow futures showing small loss. Oil higher at US$113.5...

y ASX 200 rose 73 points to 6613 (1.1%) ahead of the RBA meeting tomorrow with the US markets closed tonight for Independence Day. Banks were the stand-out together with healthcare and industrials, The Big Bank Basket rose to $161.14  with CBA leading the charge up 0.8%. MQG also doing well up 1.8% with insurers a little flat despite bond yields rising. 10 -year yields at 3.53%. MFG under pressure...

ASX 200 SPI futures up 96 points. Dow up 322 points (1.1%) Nasdaq up 99 points (0.9%) Iron ore falls. Gold eases.  Oil up 2.4%. Base metals fall slightly RBA in focus. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

A night for record-breaking in the US. Unfortunately, they weren’t good records. The worst first half for the S&P 500 since 1970, worst first half for the Dow since 1962 and the NASDAQ saw its worst first half ever.  But it’s not all bad news with history showing The S&P 500 has bounced back following all losses of 15% or more. As we kick off the new financial year today SPI Futures are up...