Market Updates

The Dow finished up 264 points (+0.80%) as US stocks climbed for a second consecutive session. SPI Futures are up 45 points (+0.63%) following a hawkish rate hike of 50 bps yesterday at the RBA meeting.  Catch up on all the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 45 points. Dow up 264 (0.8%) Nasdaq up 114 (0.9%) S&P 500 up 39 points (1.0%) Oil up 0.9%. Gold up 0.5%...

 ASX 200 dropped 111 points to 7096 (1.5%) after the RBA unexpectedly raised rates by 50bps. The market was already shaking on US futures losses as Banks fell hard but the momentum picked up after 2.30pm. The Big Bank Basket fell to $179.92 (2.5%). CBA off 2.6% and NAB down 3.3%. MQG slumped 3.0% with ASX down 3.2% as volumes continue to be low and deals are being pulled. Insurers slipped slightly...

ASX 200 SPI Futures down 5 points. Dow up 16 points (0.05%) Nasdaq up 49 (0.4%) S&P 500 up 13 (0.3%) 10-year yields in US hit 3% again. Oil off 0.2%. Gold down 0.4% Iron ore at 10 month high up 0.6% Base metals better in LME trade after two days of holidays. RBA in focus today. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investo...

 ASX 200 drifts 33 points to 7206 (0.5%) lower in thin lacklustre trade ahead of RBA tomorrow. Banks slipped slightly with the Big Bank Basket down to $184.49 (0.5%). NAB launched a new $1bn hybrid falling 0.5%. MQG fell 0.6% and MFG got whacked 13.9% as FUM continues to slip. PTM joined in down 2.8% with GQG off 0.3%. Insurers flat as healthcare saw a gain in CSL of 0.7% with SHL under fire down...

US markets pulled back a touch on Friday night and SPI Futures were down 32 points at the Saturday morning close. Big week ahead with the RBA and ECB decisions. Catch up on all the latest with Henry's Breakfast Briefing. ASX 200 SPI futures down 32 points. Dow down 349 points (1.1%) Nasdaq down 304 (2.5%) S&P 500 down 68 (1.6%) US jobs number better than expectations. Headline rate unchan...

ASX 200 rallied 63 points to 7239 (+0.9%). Resources were the stand outs today with iron ore stocks leading the charge, BHP up 2.5% and FMG rising 4.1%. Base metal stocks also rose with S32 up 2.0% and lithium stocks charging ahead on a bounce from Wednesday’s carnage. PLS rose 7.5%, INR up 16.5% and AKE up 3.8%. Gold miners were better too as bullion rose in USD with NCM up 1.4% and NST up 1.4%....

ASX 200 SPI Futures up 77 Dow up 435 (1.3%) Nasdaq up 322 points (2.7%) S&P 500 up 76 points (1.8%) Gold up 1.2%  Oil up 1.1% as OPEC agrees to more supply. Iron ore up 5.1% on Chinese reopening.  LME closed for Jubilee celebrations. Housing finance at 11.30am Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

  ASX 200 fell 58 points to 7176 (-0.8%) as negative sentiment flooded all sectors today. Banks slid with the Big Bank Basket down to $185.64 (-1%). CBA off 1.2% and other financials sliding too, MQG down 2.7% and insurers off with QBE falling 1.1%. MFG fell 3.1% and ASX off 1.0% despite announcing a new CEO. Healthcare on the nose too as CSL dropped 1.8%, SHL down 2.4% and RHC off 1.3%. Industria...

US stocks posted their second losing session in a row, the Dow finished down 177 points (-0.54%). Economic data came in hotter across the board indicating the economy is still running hot. SPI Futures are pointing to a 55 point loss today. Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 55 points  Dow down 177 points (0.5%0 Nasdaq down 87 (0.7%) S&P500 down 31...

ASX 200 rose 23 points to 7234 (+0.3%) as banks bounced back and lithium stocks got poleaxed by a perfect storm of research and Chinese moves in Africa. PLS fell 22.0%, MIN down 8.1% and LTR down 19.1%. Base metal stocks also fell in sympathy with IGO down 11.7%, LYC off 6.4%. Iron ore miners held up better with BHP up 2.3% and FMG rising 3.2%. Gold miners slid with NCM down 2.7% and NST off 2.6%....

The Dow finished down 223 points in a late fade as Biden and Powell met to discuss inflation. The headline from the meeting was that Biden will not interfere with the Fed’s decisions on inflation.  SPI Futures are down 26 points with first-quarter GDP out today.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 26 points. Dow down 223 points (0.7%) S&P 500 down 26 (0.6...

The ASX 200 slid 75 points lower to 7211 (-1.0%) as banks wobbled despite bond yields rising. A 20 point sell-off on close not helping. The Big Bank Basket fell to $184.53 (-2%) as the AFR Banking Summit brought out the bears. NAB down 1.9%, CBA off 2.1% and insurers also falling on negative industry comments, SUN down 6.4% and QBE off 2.3%. Financial also suffering as MQG fell 1.1% and MFG down 2...

US markets were closed overnight for the Memorial Day Holiday. The Australian market is set to ease slightly today with the Futures indicating a 12 point loss. Catch up on all the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 12 points. US markets closed. European markets lightly better. German inflation hits 7.9%.  EU agree oil embargo on Russian crude. Oil up 2% Base metals fi...

ASX 200 starts the week off in style with a 104-point gain to 7287 (+1.5%). After a strong open, we kicked again into the close with commodity stocks leading the charge. BHP up 2.8%, FMG up 1.3% as China looks at some reopening as case numbers fall. Gold miners up with NCM up 1.1% and NST up 2.6%. Base metal stocks also firm S32 up 3.6% and lithium stocks pushing ahead as battery tech also joins i...

The Dow rallied again closing on its high up 576 points and never trading in negative territory. SPI Futures are up 83 points, with the debate now whether this is a bear market bottom or a meaningful bottom. Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 83 Dow up 576 points (1.8%) Nasdaq up 390 (3.3%) S&P 500 up 100 (2.5%) Base metals better Nickel up 4.5% Oil...

ASX 200 rallied another 77 points to 7182 (+1.1%) as the upward bias continues. Up 37 points for the week. Banks and resources once again the key with the Big Bank Basket up to $188.08 (0.9%). CBA up 1.1% and MQG rallying 2.9%. Insurers too also in the green with QBE up1.4 % and SUN rising 1.1%. Industrials slightly better, ALL up 2.7% and WES rising 1.6%. REITS too better SCG up 2.5%. Telco ralli...

The Dow had its fifth winning session in a row finishing up 517 points, making it the longest win streak in two months. Solid earnings from US retailers spurred investors into a buying session. SPI Futures are pointing to a 69-point gain. Catch up with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 69 Dow Jones up 517 (1.6%) Nasdaq up 306 (2.68%) S&P500 up 79 (1.99%) Base metals flat. Oil...

 ASX 200 falls 49 points to 7106 (0.7%). Late sell off too at close. No real reason, but banks wilted as 10-year yields continue to slip, the Big Bank Basket fell to $186.43 (-0.5%). CBA down 0.7% leading the sector lower. Financials elsewhere also slipping MQG down 0.3% and ASX falling 0.9%. Insurers eased and healthcare fell back a little as CSL down 1.4%, SHL fell 0.9% and RHC down 0.5%. Indust...

US markets posted gains overnight, although they were unconvincing. Catch up on all the action with Chris' Breakfast Briefing. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 rose 26 points today to 7155 (+0.4%). A damp end to a steady session, falling 20 points on the match out. A solid day though with banks and resources leading the market higher. BHP added to the gains today as it went ex its oil and gas assets and the share price was reset for index purposes and the stock rose 1.1% on the news, Woodside, now WDS , rose slightly by 0.7%. Gold miners were...

Plenty to catch up on overnight as the Dow (+0.15%) rallied into the close following a soft start to finish in positive territory. SPI Futures are pointing toward another muted day of trade, up eight points.  Get up to speed on all the latest with Henry Jennings Breakfast Briefing. ASX 200 SPI Futures up 8  Dow up 48 (0.15%) in volatile session. Nasdaq snaps lower with 271 point fall (2.4%) S&...

The ASX 200 drifted around in a tight range today before sliding to close down 20 at 7129 (0.3%). Overnight optimism was snapped shut as social media stocks in the US tumbled after hours. Banks were a bright shining light with the Big Bank Basket up to $185.09 as CBA rose 0.6% and NAB up 1.0%. Insurers drifted lower, MQG down 0.6% and fund managers giving it all away, MFG down 3.4% and GQG off 2.0...

The Dow had its best session in almost three weeks finishing up 618 points (+1.98%). Positive sentiment in China was the main driver overnight as Beijing plans tax relief of over $21bn. SPI Futures are up 19 points (+0.27%). Catch up with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 19 points (0.3%) Dow up 618 (2.0%) Nasdaq up 181 (1.6%) S&_ 500 up 72 points (1.6%) Base metals better. Go...

 The ASX 200 rose 3 points to 7149 in cautious trade. After a post -election bump early we saw Asian markets weaken and selling hit banks with the Big Bank Basket down to $184.00 (0.4%) with CBA off 0.1% and NAB down 0.9%. MQG fell 0.8% and insurers dropped slightly, QBE down 1.8%. Fund managers were firm GQG up 8.1%, MFG up 3.0% and AEF rising 3.5%. Healthcare fell slightly as CSL drifted 0.7% lo...

SPI Futures are down 15 points following a volatile session in the US on Friday night. The Dow finished up 0.03% on a late rally, the S&P finished up 0.01%, and the NASDAQ took a hit, down 0.3%. Catch up on the latest news over the weekend with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 15 Dow rallies hard in final hour to close up 9 points (0.03%) Nasdaq down 34 (0.3%) S&P500 up...