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US equity markets weaker after President Trump said the ceasefire with Iran was over, sending oil prices soaring to three-week highs. Dow down 577 points, or 1.1%. American Express and sherwin-williams Co. falling over 3%.On the upside, Nvidia Corp up 3.7%, leading performer in the 30 stock index after the Information reported that China will allow top AI companies including Alibaba, ByteDance and...

US equity markets advanced after resuming trading following the Independence Day long weekend, led by a fresh rally for artificial intelligence (AI)-related stocks – Dow added +156-points or +0.29% to 53,055.91 , booking its first close above >53,000 and 21st record closing high of 2026 . It has been just four trading days since the index first closed above 52,000, marking the fastest 1,000 poi...

US equity and bond markets were CLOSED on Friday (3 July) for Independence Day U.S. stocks have delivered an 8.7% annualized return over the past 250 years , with gross domestic product (GDP) averaging 6% and annual inflation at 2.5% , according to analysis by Bank of America to mark the 250th anniversary of the adoption of the Declaration of Independence. US 10-year Treasury bonds have delivered...

US equity markets weaker to open the new second half of the calendar year. Dow dipped -14-points or 0.03% after booking back-to-back record closing highs and just failing to secure its 20th record closing high of the year.  

US equity markets weaker on Friday (26 June) amid steep declines among artificial intelligence (AI)-related semiconductor stocks  – Dow slipped -44-points or 0.09% . Caterpillar Inc fell -5.63%, while Cisco Systems Inc (-4.37%) and Goldman Sachs Group Inc (-4.27%) fell over >4%.

US equity markets weaker as technology stocks came under fresh pressure and as investors eyed key inflation figures tonight AEST – Dow rose +182-points or +0.35% , with Home Depot Inc (up 5.67%) the leading performer in the 30-stock index . Chevron Corp shed -2.57% as crude prices tumbled.   The broader S&P500 slipped -0.10% , with Energy (down -1.73%) leading five of the eleven primary sector...

US equity markets declined amid a deepening sell-off in technology stocks that spilled over into memory and chip stocks – Dow dipped -46-points or -0.09% . Nvidia Corp (down -4.13%) was the worst performer in the 30-stock index . Caterpillar Inc  fell -3.72%, unwinding the stock’s +3.72% in the previous session.

US equity markets rallied sharply ahead of the holiday long weekend, underpinned by fresh gains for semiconductor stocks and as investors shrugged off concerns around rising interest rates following the Federal Reserve’s latest monetary policy meeting  – Dow added +72-points or +0.14% , with Caterpillar Inc (up +3.13%) the leading performer in the 30-stock index. International Business Machines (I...

US equity markets fell sharply as investors digested the latest monetary policy pronouncements from the Federal Reserve – Dow lost -507-points or -0.98% to 51,492.55 after logging two consecutive record closing highs. The 30-stock index did hit a fresh record intra-day high ( 52,281.19 ) for a third day running earlier in the session after rising ~0.5% in early trading. Salesforce Inc fell -4.14%...

US equity markets closed mixed overnight– Dow rallied +329-points or +0.64% to a fresh record closing high of 51,999.67 after scaling a record intra-day peak of 52,190.29 .

US equity markets steadied following a sharp sell-off last Friday ( 5 June) as Middle East headlines remained in focus and chip stocks rebounded from steep declines in the previous session  - Dow slipped -81-points or -0.16% . Travelers Companies Inc (down -2.15%) was the worst performer in the 30-stock index , while Cisco Systems Inc (+2.06%) was the leading Dow component overnight . Apple Inc’s...

US equity markets firmer amid yet another bout of optimism around a resolution to the US-Iran conflict , while there was also a pivot from certain technology stocks into more defensive sectors  – Dow rallied +875-points or +1.73% to a record closing high of 51,561.93 . UnitedHealth Group Inc rose +5.16% to be the leading Dow component, with analysts at Bank of America upgrading their recommendatio...

US equity markets retreated, breaking a five session stretch of record closing highs for the three benchmark indices as oil prices and bond yields climbed. Dow was down 621 points or 1.2%. IBM down 7.2% to be the worst performer in the 30 stock index. Honeywell and Salesforce both fell 5.1%, while all of American Express, Boeing, Microsoft, and Nvidia fell over 3%. On the upside, Amgen and Walmart...

The  three (3) main US equity benchmarks  opened the new week and month with  fresh record closing highs  despite a  fresh jump in oil prices , with  technology stocks  (particularly software names)  continuing to drive the gains   – Dow  inched  +46-points  or  +0.09% higher  to  51,078.88 .  Salesforce   Inc  (up +9.68%) and  International Business Machines (IBM) Corp ( +7.60%) were the  leading...

Benchmark US equity indices climbed and booked record highs after the U.S. and Iran agreed to extend their ceasefire , while investors also digested the latest U.S. inflation and revised economic growth figures – Dow added +25-points or +0.05% to a record closing peak of 50,668.97 . Microsoft Corp +3.47% after news website The Information reported that the company would release a new coding model...

The S&P500 and Nasdaq booked fresh record closing highs as equity and bond markets resumed trading following the Memorial Day long weekend, with a rally in memory-chip companies overshadowing fresh uncertainty around the Middle East peace negotiations – Dow eased -118-points or -0.23% . Chevron Corp (down -3.51%) and UnitedHealth Group Inc (-2.99%) were the worst performers in the 30-stock ind...

US equity markets rallied on Friday (22 May) ahead of the holiday long weekend albeit finished off their best levels of the session – Dow rose +294-points or +0.58% to log a fresh record closing high of 50,579.70 for a second consecutive session after scaling a record intra-day peak (50,830.24) . Merck & Co rallied +5.64% to be the leading performer in the 30-stock index following a report by...

US equity markets advanced and shaped to cap another strong week ahead of the holiday long weekend despite heightened volatility – Dow gained +276-points or +0.55% to a record closing high of 50,285.66 . International Business Machines (IBM) Corp soared +12.43% after the company said it would receive a US$1B CHIPS and Science Act award from the Commerce Department to build a quantum chip foundry ....

US equity markets rallied as oil prices and Treasury yields fell sharply amid fresh optimism that the conflict in the Middle East could soon be resolved – Dow gained +645-points or +1.31% . Goldman Sachs Group Inc +5.75% was the leading performer in the 30-stock index , while Boeing Co (+3.34%) and Nike Inc (+4.17%) were among the leading components.

A fresh jump in bond yields weighed on US equity markets , with the S&P500 and Nasdaq booking a third straight session of declines – Dow lost -322-points or -0.65% . Cisco Systems Inc (down -2.94%) and Boeing Co (-2.54%) fell over >2.5%, while Amazon.com Inc (-2.08%) and 3M Co (-2.08%) fell over >2%. Walmart Inc (up +0.64% to US$134.20) set record intra-day (US$135.155) and closing highs...

US equity markets weaker but pared earlier, steeper losses after President Trump said he wanted to give “serious negotiations” a chance , hours after threatening to resume bombing and hours after both the US and Iran dismissed each other’s latest peace proposals – Dow added +160-points or +0.32% , with 3M Co (up +4.32%) the leading performer in the 30-stock index. Salesforce Inc (up +3.44) rallied...

The S&P500 and Nasdaq ushered in May with fresh record intra-day and closing highs  – Dow eased -153-points or -0.31% , with Amgen Inc down -4.75% a day after the biotechnology stock posted stronger-than-expected adjusted earnings per share (EPS) and revenue for the first quarter . 3M Co (-2.74%) McDonald’s Corp (-2.37%) fell over >2%. Salesforce Inc rallied +4.13% to be the leading perform...

The S&P500 and Nasdaq edged higher to fresh closing records despite U.S.-Iran peace ​talks stalling yet again and pushing oil prices higher – Dow eased -63-points or -0.13% . McDonald’s Corp fell -3.06% to be the worst performer in the 30-stock index . Nvidia Corp pushed further into record territory , rallying +4% to US$216.61 after clinching its first new record close since 29 October last y...

US equity markets rallied , with unconfirmed reports that Iran has privately reached out to the US to discuss terms for ending their escalating conflict . However, Iran later denied a New York Times article that suggested operatives from its Ministry of Intelligence had reached out indirectly to the Central Intelligence Agence (CIA) with an offer to discuss terms for ending the conflict. According...

US equity markets  settled   mostly  weaker  on Friday (April) as investors eyed  diplomatic talks over the weekend  that were the  highest level negotiations between Washington and Tehran since the 1979 Islamic revolution  and that sought to build  on the  two-week ceasefire negotiated last week  – Dow lost -269-points  or  -0.56% .  Nike Inc  fell -3.14% and hit a 12-year low. The company announ...