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A bumper fourth quarter earnings release from Nvidia Corp after the close of the previous session drove a strong rally on US equity markets and global markets more broadly - Dow rose +457-points or +1.18% to a fresh record closing high of 39,069.11, pushing above >39,000 for the first time. Salesforce Inc (up +3.56%), Visa Inc (+2.53%), International Business Machines Corp (+2.51%) and Microsof...

US equity markets settled mostly firmer, paring losses in the final hour of trading as investors digested minutes from the Federal Reserve’s late-January monetary policy meeting and awaited technology titan Nvidia Corp’s fourth quarter result - Dow edged +48-points or +0.13% higher.

US equity markets resumed trading following the Presidents’ Day holiday on the backfoot - Dow slipped -64-points or -0.17%. Caterpillar Inc fell -2.54% to be the worst performer in the 30-stock index.

The Financial Times (FT) and Bloomberg News reported Sunday (18 February) that European Commission antitrust regulators are preparing to impose an ~ €500M fine against Apple, after finding that it created an anticompetitive environment by failing to inform iPhone users that cheaper, alternative music-streaming apps were available outside its App Store. The investigation was sparked by a complaint...

US equity markets retreated on Friday (16 February) after another hotter-than-expected inflation reading undermined the case for interest rate cuts - Dow fell -145-points or -0.37%. Nike Inc fell -2.4% after the company announced 1,700 job cuts as part of a plan to cut costs.

US equity markets climbed, with investors looking past some mixed economic data - Dow rallied +349-points or +0.91%. Chevron Corp rallied +3.4% to be the leading component in the 30-stock index, with a filing with the Securities and Exchange Commission (SEC) revealing that Berkshire Hathaway lifted its stake in the oil giant to more than >US$18B.

US equity markets rebounded, recovering from sharp declines recorded in the previous session following a hotter-than-expected consumer price inflation figures - Dow rallied +151-points or +0.40%, with Salesforce Inc (up +2.85%) and Intel Corp (+2.39%) leading the upside.

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.