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US equity markets advanced, extending their rally in the final hour of the session ahead of the release of key inflation figures tonight AEST - Dow gained +322-points or +0.87%. Intel Corp gained +2.88%, leaving the chipmaker on track to record its best quarterly performance since the third quarter of 2003, according to Dow Jones Market Data.

US equity markets retreated despite fresh falls for bond yields as the so-called ‘Santa rally’ paused - Dow fell -476-points or -1.27%, snapping a nine session winning streak that saw the 30-stock index book five consecutive record closing highs. Walt Disney Co (down -2.83%) and American Express Co (-2.75%) both fell over >2.5% to be worst performing Dow components overnight.

US equity markets advanced as investors continued to bank of interest rate cuts in the new year - Dow climbed +252-points or +0.68% to 37,557.92, rallying for a ninth straight session – the longest such streak since July – and logging a fifth straight record close. Walgreens Boots Alliance Inc (up +4.2%) was the leading performer in the 30-stock index overnight, while Caterpillar Inc (+2.54%) and...

US equity markets advanced to kick of the final full week of trading for 2023 - Dow inched +0.86 of a point higher to a fresh record closing high of 37,306.02, logging its eighth consecutive positive session.

US equity markets settled with modest gains, with comments from New York Fed President John Williams tempering hopes of imminent interest rate cuts - Dow added +57-points or +0.15% to log its third consecutive record closing high of 37,305.16. Boeing Co gained +3.13% and logged its seventh consecutive weekly gain (up +8%) – the aircraft manufacturer’s longest weekly winning streak since late 2005.

The three main US equity benchmarks advanced for a sixth consecutive session as Treasury yields continued to slide - Dow climbed +158-points or +0.43% to 37,248.35, scoring back-to-back record closing highs and hitting a record intra-day peak of 37,287.50. Caterpillar Inc (up +6.42%) and Goldman Sachs Group Inc (+5.72%) were the leading performers in the 30-stock index.

All three benchmark US equity indices hit fresh 52-week highs as investors processed the latest dovish monetary pronouncements from Federal Reserve policymakers - Dow rallied +512-points or +1.40% to 37,090.24, logging its first record closing high since January 2022 and eclipsing >37,000 for the first time. It has been 531 trading days since the Dow’s last 1,000-point milestone, the longest ti...

US equity markets advanced, with all three benchmark indices hitting fresh intra-day 52-week highs despite data highlighting stubborn inflationary pressures and with investors eyeing the latest interest rate decision and monetary policy pronouncements from the Federal Reserve tomorrow morning AEST (14 December) - Dow gained +173-points or +0.48% to 36,577.94, with the 30-stock index touching its h...

The benchmark US equity indices climbed to settle at fresh 52-week highs overnight ahead of tonight’s AEST inflation figures and a host of global central bank monetary policy meetings later in the week - Dow rallied +157-points or +0.43% to 36,404.93, the 30-stock index’s highest close since 5 January, 2022. Chipmaker Intel Corp (up +4.31%) was the leading Dow component overnight. Nike Inc rallied...

US equity markets closed out the first full trading week of December on a positive footing as investors assessed the latest jobs data - Dow rallied +130-points or +0.36% to 36,247.87, the 30-stock index’s highest close since 12 January, 2022. Boeing Co (up +3.11% to US$244.70) was the leading performer, hitting a fresh closing high for the year.

US equity markets advanced, with the both the Dow and S&P 500 snapping a three session losing streak ahead of tonight’s AEST latest non-farm payrolls report - Dow rose +63-points or +0.17% to 36,117.38, lifting the 30-stock index to within 2% of its record closing high of 36,799.65 set on 4 January, 2022.

US equity markets retreated, with the Dow and S&P 500 logging their first three-session losing streak since October - Dow slipped -70-points or -0.19%, unwinding an earlier rally of as much as +170-points. American Express Co (down -1.86%) and Intel Corp (-1.55%) both fell over >1.5% to be the worst index performers.

US equity markets settled with modest declines although mega-capitalisation technology stocks resumed their outperformance amid fresh falls for Treasury yields - Dow fell -80-points or -0.22%, logging back-to-back losses for the first time in nearly a month American Express Co fell -1.48% after Chief Executive Officer (CEO) Stephen Squeri addressed the Goldman Sachs financial services conference i...

US equity markets retreated amid rising Treasury yields, although a ‘catch-up’ rally for small capitalisation stocks extended into a fourth day - Dow slipped -41-points or -0.11%, snapping a four session winning streak that had lifted the 30-stock index above >36,000 for the first time since 13 January, 2022.

US equity markets opened December on a positive footing on Friday (1 December), with investors shrugging off the latest tough talk on inflation by Federal Reserve Chair Jerome Powell - Dow rallied +295-points or +0.82% to 36,245.50, climbing above >36,000 for the first time since 13 January, 2022 and settling ~1.5% below its record close of 36,799.65 set on 4 January, 2022. Salesforce Inc (up +...

US equity markets rallied to cap a strong November performance as investors pondered the latest inflation figures - Dow rallied +520-points or +1.47% to 35,950.89, logging a fresh 2023 high and highest close since 13 January, 2022. Salesforce Inc jumped +9.36% following the company’s better-than-expected fiscal third quarter result after the close of the previous session. Walt Disney Co (up +0.21%...

US equity markets settled with modest declines, running out of steam in the final half hour of trading as investors eye tonight’s AEST inflation data - Dow inched +13-points or +0.04% higher and is on course to record its best monthly gain since October 2022, up +7.19% so far in November.

US equity markets edged higher and remained on track to post solid monthly gains as bond yields retreated , with investors eyeing Thursday night’s AEST (31 November) inflation data - Dow added +84-points or +0.24% . Boeing Co gained +1.4%, buoyed by an upgrade to ‘Outperform’ from ‘Sector Perform’ by RBC Capital (who also lifted their target price on the airplane manufacturer to US$275 from US$200...

US equity markets settled with modest declines following a muted session absent any major leads to open the week - Dow fell -57-points or -0.16% . The broader S&P500 eased -0.20% . Health Care (down -0.64%) and Industrials (-0.58%) fell over >0.50% to lead seven of the eleven primary sectors lower. Real Estate (up +0.38%) sat atop the primary sector leaderboard. The Nasdaq dipped -0.07% . T...

US equity markets settled little changed following an abbreviated, low volume post-Thanksgiving Holiday session on Friday (24 November), although both the Dow and S&P 500 logged their highest closes since 1 August - Dow rose +117-points or +0.33% to 35,390.15, with 27 of the 30 index components advancing.

European bourses recorded another round of modest gains , with the Oil and Gas sector (up +1.4%) advancing despite fresh falls on crude markets and lifting the pan -European Stoxx 600 index (which includes UK equities) +0.30% . The Travel and Leisure sector fell -1.0% . Germany's DAX edged +0.23% higher . France's CAC rose +0.24% .

US equity markets advanced as investors digested durable goods orders and consumer sentiment data ahead of the Thanksgiving holiday - Dow rallied +185-points or +0.53% to 35,273.03, the highest level since 14 August.

US equity markets eased as investors digested the latest monetary policy meeting minutes from the Federal Reserve and eyed the release of mega-capitalisation chipmaker Nvidia Corp’s third quarter result after the close - Dow eased -63-points or -0.18%, with Intel Corp (down -2.46%) snapping a five-session winning streak that saw the stock rally over >16%.

US equity markets advanced , with the S&P 500 and Nasdaq extending gains into a fifth consecutive session - Dow rose +204-points or +0.58% , with Boeing Co (up +4.65% to US$217.71) the leading performer in the 30-stock index , buoyed by an upgrade at Deutsche Bank (who raised their target price to US$270 from US$204). Microsoft Corp climbed +2.05% to a record closing high of US$377.44 after Ch...

US equity markets edged higher on Friday (17 November) to record a third straight week of gains - Dow settled flat. The broader S&P500 edged +0.13% higher, with Energy (up 2.12%) returning to the top of the primary sector leaderboard on Friday (17 November) and leading six of the eleven primary sectors higher. Citigroup Inc is poised to announce the first big round of lay-offs tonight AEST in...