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A hotter-than-expected consumer price inflation (CPI) print weighed heavily on US equity markets - Dow fell -525-points or -1.35%, slightly paring an earlier decline of as much as 758-points or almost -2%. It marked the worst session for the 30-stock index since March 2023. Walgreen Boots Alliance (down -4.77%) and Goldman Sachs Group Inc (-3.54%) were the worst index performers overnight. Boeing...

US equity markets mixed ahead of the latest consumer price inflation figures tonight AEST - Dow gained +126-points or +0.33% to a fresh record closing high of 38,797.38, the 30-stock indices 12th of 2024.

US equity markets advanced on Friday (9 February), with a fresh march higher for mega-capitalisation technology stocks seeing the S&P 500 settling above the 5,000 for the first time - Dow eased -55-points or -0.14%. Chevron Corp fell -1.96% amid reports Venezuela had built up its military presence along its border with Guyana. Chevron last year announced a US$53B acquisition of Hess () in part...

US equity markets advanced as a narrow group of companies lifted the S&P500 above the 5,000 level for the first time late in the session - Dow added +49-points or +0.13% to log yet another record closing high of 38,726.33 . Walt Disney Co jumped +11.50% after reporting better than expected fiscal first-quarter earnings and guidance for fiscal 2024 that was well ahead of Wall Street estimates a...

US equity markets rallied, with the S&P 500 climbing to within touching distance of the 5,000 mark as investors parsed through another slate of quarterly results - Dow climbed +156-points or +0.40% to a record close of 38,677.36.

US equity markets rallied on Friday (2 January) as strong earnings and a blowout January employment report boosted confidence in the economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time soon – Dow gained +135-points or +0.35% to a record closing high of 38,654.42.

US equity markets rebounded after logging their worst two-day decline since October, with gains accelerating in the final hour of the session as investors eyed results from three (3) of the so-called ‘Magnificent Seven” large capitalisation technology stocks after the closing bell - Dow rallied +370-points or +0.97%.

US equity markets logged their worst single session performance of 2024 to close out January as investors digested the latest monetary policy pronouncements from the Federal Reserve and served up a lacklustre response to some solid earnings from some technology mega-caps - Dow lost -317-points or -0.82%, the 30-stock index’s biggest one-day point decline since December. Microsoft Corp (down -2.69%...

US equity markets mixed after consumer-confidence numbers and job-opening data pointed to a sturdy U.S. economy, and with investors eyeing some major earnings releases after the closing bell and the Federal Reserve’s latest interest rate decision tomorrow morning AEST - Dow rose +134-points or +0.35% to 38,467.31, sealing its seventh record closing high of 2024. Walmart Inc rose ~1% in extended tr...

US equity markets advanced, extending gains in the afternoon session after a Treasury Department funding update underpinned a rally on bond markets that spread to stocks - Dow rose +224-points or +0.59% to 38,333.45, logging its sixth record close of 2024.

US equity markets logged modest declines on Friday (26 January) to close out the opening week of the fourth quarter earnings season with solid gains, with both the S&P 500 and Nasdaq snapping six-day winning streaks as investors weighed the latest inflation data and quarterly earnings releases - Dow added +60-points or +0.16% to a fresh all-time closing high of 38,109.43.

US equity markets settled with modest gains as investors digested another busy earnings calendar and eyed tonight’s AEST fourth quarter gross domestic product (GDP) - Dow eased -99-points or -0.26%, having climbed as much as +159-points earlier in the session. Verizon Communications (down -2.25%) and 3M Co (-2.98%) were key drags a day after both companies posted quarterly results.

US equity markets mixed as investors digested a busy corporate earnings calendar that included quarterly results from a number of major companies - Dow eased -96-points or -0.25% to 37,905.45, a day after climbing above >38,000 for the first time.

US equity markets extended their recent rally, with both the Dow and S&P500 recording fresh record highs - Dow added +138-points or +0.36% to 38,001.81, settling above >38K for the first time. Including the overnight session, it has been 25 trading days since the last 1,000-point milestone for the Dow, which is the shortest time between milestones since the period between 33,000 and 34,000,...

US equity markets rallied, buoyed by fresh gains for heavyweight technology stocks and a strong University of Michigan Consumer Sentiment survey - Dow climbed +395-points or +1.05% to 37, 863.80, logging its second record closing high of 2024.

US equity markets advanced, with the benchmark indices booking their best session in almost two weeks despite a fresh rise in Treasury yields - Dow gained +202-points or +0.54%, recovering from an earlier slide of over >140-points. Boeing Co rallied +4.21% top be the leading performer in the stock index overnight. India’s newest airline, Akasa Air, has ordered 150 Boeing 737 MAX planes.

US equity markets retreated as traders continued to wind back hopes for interest rate cuts, echoing markets in Europe following comments from various central bankers - Dow eased -94-points or -0.25%, with Walgreens Boots Alliance Inc (down -3.06%) and Caterpillar Inc (-2.99%) both falling ~3% to be the worst performers in the 30-stock index.

US equity markets resumed trading following the holiday (Martin Luther King Day) long weekend on the back foot, with investors weighing the latest fourth quarter corporate earnings releases and comments from Federal Reserve official Christopher Waller - Dow dropped -232-points or -0.62%. Boeing Co (down -7.89%) was the worst performer in the 30-stock index.

Benchmark oil prices weaker, with traders watching out for supply disruption risk in the Middle East following strikes by U.S. and British forces to stop Houthi militia in Yemen from attacking ships in the Red Sea - WTI lost -US$0.32c or -04% to US$72.36/barrel. Brent fell -US$0.34c or -0.4% to US$77.98/barrel. European bourses the pan-European Stoxx 600 index (which includes UK equities) -0.54%....

US equity markets settled little changed following the latest inflation figures - Dow edged +15-points or +0.04% higher, recovering from an earlier -271-point fall. Boeing Co fell -2.27% after the Federal Aviation Administration said it formally launched an investigation into whether the aerospace giant failed to complete safety tests on the certain products.

US equity markets climbed ahead of key December inflation figures tonight AEST - Dow gained +171-points or +0.45%, with Home Depot Inc (up +3.06%) the leading performer in the 30-stock index. Analysts at Wedbush upgraded their recommendation on the home improvement retail giant to ‘Outperform’ from ‘Neutral’, with the firm saying that weak home-improvement retail demand from last year was “bottomi...

US equity markets settled with modest declines as investors continue to eye inflation figures and fourth quarter earnings releases later in the week - Dow fell -158-points or -0.42%, snapping a three session winning streak. Boeing Co continued to slide, falling -1.41% after dropping -8.03% after the Federal Aviation Administration (FAA) on Saturday (6 January) ordered the immediate grounding of 73...

US equity markets rallied, with gains accelerating into the close following a strong session for the technology sector - Dow gained +217-points or +0.58%, recovering from an earlier decline of over >200-points. Boeing Co dropped -8.03% after the Federal Aviation Administration (FAA) on Saturday (6 January) ordered the immediate grounding of 737-9 Max jetliners after an Alaska Airlines plane suf...

US equity markets ended a choppy Friday (5 January) session with modest gains, with the S&P500 and Nasdaq posting their first positive session of 2024 as investors digested the latest jobs data and eyed the beginning of the fourth quarter earnings season - Dow added +26-points or +0.07%. Walgreens Boots Alliance rebounded +3.09% a day after the release of its first quarter result that saw the...