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US equity indices declined  as a "risk-off" selloff spared few corners of the market and with losses acerating in the closing hour of trading - Dow -593-points or -1.20% Microsoft Corp (down -4.97% and now down over >27% from its 28 October peak ) and Salesforce Inc (-4.75%) both fell over >4.5%, while investment banks Goldman Sach Group Inc (-2.51%) and JPMorgan Chase & Co (-2.24%) fell...

US equity markets retreated as the sell-off in technology stocks intensified - Dow rose +260-points or +0.53% , with Amgen Inc jumping +8.15% to be the leading performer in the 30-stock index after the biopharmaceutical company reported a better-than-expected fourth result after the close of the previous session. Nike Inc (up +5.4%) and 3M Co (+5.21%) both climbed over >5%. ‘Magnificent Seven’...

Technology stocks came under renewed selling pressure , dragging US equity markets lower  - Dow fell -167-points or -0.34% to 49,240.99 after touching a record intra-day high of 49,653.13 .   Nvidia Corp fell -2.87%, with Chief Executive Officer (CEO) Jensen Huang saying in an interview with CNBC that the chipmaker’s plan to invest in OpenAI remains “on track” after recent reports suggested brewin...

US equity markets opened February on a firmer footing despite fresh falls on metals markets and as investors continued to ponder President Trump’s nomination for the next Chair of the Federal Reserve - Dow rose +515-points or +1.05% . Caterpillar Inc (+5.1%), Walmart Inc (+4.13%) and Apple Inc (4.06%) all rallied over >4%.   Nvidia Corp dropped -2.89% after The Wall Street Journal (WSJ) , citin...

US equity markets retreated on Friday (30 January) as technology stocks remained under pressure , while precious metals markets saw some vicious volatility - Dow fell -179-points or -0.36% as a host of components in the 30-stock index posted quarterly results.

US equity markets settled narrowly mixed as investors absorbed another busy corporate earnings calendar - Dow  edged +56-points or +0.11% higher, with International Business Machines Corp (IBM) rising +5.13% to be the leading performer in the 30-stock index after posting stronger-than-expected fourth quarter EPS and revenue after the close of the previous session. Microsoft Corp tumbled -9.99% and...

US equity markets settled narrowly mixed as investors eyed quarterly results from mega-capitalisation technology companies after the closing bell and the Federal Reserve’s first interest rate decision of 2026 - Dow  inched +12-points or +0.02% higher Nvidia Corp rose +1.59% and was the leading performer in the 30-stock index after The Wall Street Journal (WSJ) reported that China's government has...

US equity markets advanced as investors digested a busy corporate earnings calendar and eyed tomorrow morning’s AEST interest rate decision from the Federal Reserve - Dow lost -409-points or -0.83% despite ‘Magnificent Seven’ mega-capitalisation technology names Amazon.com Inc (+2.63%) and Meta Platforms Inc (+2.19%) along with Cisco Systems Inc (+2.17%) rising over >2%. The broader S&P500...

US equity markets advanced as investors eyed a busy week of fourth quarter results and the Federal Reserve’s first-interest rate decision of 2026 – Dow rose +314-points or +0.64% . Cisco Systems Inc (up +3.24%) was the leading component in the 30-stock index.  Nvidia Corp eased -0.64% after investing US$2B in CoreWeave Inc (up +5.73%) stock, reflecting its "confidence in CoreWeave's business, team...

US equity markets resumed trading after the holiday long weekend with steep losses, with the benchmark indies booking their worst single session performance since October as investors were spooked by fresh tariff threats from President Trump against Europe amid a dispute over control ‌of Greenland  - Dow fell -871-points or +0.55% International Business Machines (IBM) Corp (down -4.68%) and Nvidia...

US equity markets resumed trading after the holiday long weekend with steep losses, with the benchmark indies booking their worst single session performance since October as investors were spooked by fresh tariff threats from President Trump against Europe amid a dispute over control ‌of Greenland  - Dow fell -871-points or +0.55% International Business Machines (IBM) Corp (down -4.68%) and Nvidia...

US equity markets settled with modest losses on Friday (16 January) ahead of a holiday long weekend, with the benchmark indices hitting their session lows after President Trump delivered remarks in the White House in which the president said he’d rather have National Economic Council Director Kevin Hassett stay in his current role and that he might not be chosen to become the next Federal Reserve...

US equity markets climbed after two sessions of declines, underpinned by a rebound for bank stocks following a tough start to the week and renewed momentum in the artificial intelligence (AI) trade following a strong fourth quarter result from Taiwan Semiconductor Manufacturing Co (TSMC) Ltd    - Dow rose +293-points or +0.60% Boeing Co (up +2.11%) and Nvidia Corp (+2.13%) both gained over >2%....

Financial stocks weighed on US equity markets following warnings about potential changes to lending policy , with the Dow and S&P 500 pulling back from record highs as the fourth quarter earnings season got underway and investors digested the latest inflation data - Dow fell -398-points or -0.80% Salesforce Inc shed -7.07% and was the worst performer in the 30-stock index following an update t...

US equity markets advanced on Friday (9 February ), with both the Dow and S&P500 booking fresh record closing highs - Dow rose +238-points or +0.48% to book a record closing high of 49,504.07 , with Home Depot Inc (up +4.19%) the leading performer in the 30-stock index, while Boeing Co (+3.14%) and Sherwin-Williams Co (+3.59%) gained over >3%. The broader S&P500 gained +0.65% to a fresh...

US equity markets advanced for a third consecutive session to open the holiday-shortened week - Dow rose +228-points or +0.47% , with Merck & Co (up +3.59%) the leading performer in the 30-stock index . Honeywell International fell -1.58% after the aerospace and industrial-automation company lowered its full-year earnings outlook and updated investors on its expectations surrounding the Flexje...

US equity markets were stronger overnight – Dow rose 0.14% driven by tech names Amazon up 2.4%, Nvidia up 1.8%, Microsoft up 1.65%, and Cisco 1.52%. The broader S&P500 advanced 0.79% on the back of a lower-than-expected CPI report. Memory and storage names Sandisk Corporation , Western Digital and Seagate Technology were three of the top performers, up 6.1%, 5.26% and 5.17% respectively. The r...

US equity markets rallied late in the session as investors digested the latest monetary policy pronouncements from the Federal Reserve  - Dow rallied +497-points or +1.05% , with 26 of the 30 index components advancing. JPMorgan Chase & Co rebounded +3.19% after dropping -4.66% in the previous session after Marianne Lake , the investment bank’s Chief Executive Officer (CEO) of Consumer & C...

US equity markets opened the week on a softer footing ahead of the Federal Reserve’s latest interest rate decision on Thursday morning AEST (11 December)    - Dow fell -216-points or -0.45% , with Nike Inc (down -3.52%) and Procter & Gamble Co (-3.56%) both falling ~3.5%.   Boeing Co (up +2.17%) and Walt Disney Co (+2.21%) both climbed ~2.2%. The Dow Jones Transportation Average (down -0.26%)...

US equity markets advanced after a delayed, tame inflation report reinforced expectations that the Federal Reserve will cut interest rates at its final meeting of the year this week - Dow added +104-points or +0.22% , with Salesforce Inc (up +5.3%) the clear outperformer in the 30-stock index on Friday (5 December). Goldman Sachs Group Inc +2% Amgen Inc fell -3.02% The Dow Jones Transportation Ave...

US equity markets retreated to open the final trading month of the calendar year, with technology and cryptocurrency-related stocks under particular pressure - Dow fell -427-points or -0.90% . Merck & Co Inc (-2.81%) was the worst performer in the 30-stock index , while Amgen Inc (-2.31%) and McDonald’s Corp (2.06%) both fell over >2%.

US equity markets advanced in an abbreviated trading session on Friday (28 November) to cap a strong, holiday-shortened trading week - Dow rose +289-points or +0.61% with Amazon.com Inc , International Business Machines (IBM) Corp and JPMorgan Chase & Co all rising +1.77%. The broader S&P500 gained +0.54% . Energy (up +1.32%) led ten of the eleven primary sectors higher. Health Care (down...

US equity markets rallied sharply to kick off a holiday-shortened trading week amid renewed optimism around a December interest rate cut from the Federal Reserve - Dow rose +203-points or +0.44% . Amazon.com Inc (up +2.53%) said it will spend as much as $US50B expanding its capacity to provide artificial intelligence (AI) and high-performance computing services to US government entities . Amazon W...

US equity markets advanced after New York Federal Reserve President John Williams suggested the central bank could cut interest rates yet again this year  - Dow rallied +493-points or +1.08% . Home Depot Inc (up +3.29%) was the leading performer in the 30-stock index .  Nvidia Corp lost -0.97% after Bloomberg News reported, citing sources, that the Trump administration was mulling the sale of H200...

US equity markets retreated on Thursday as the Dow was on pace for its worst week in a month as strong Nvidia earnings weren’t enough to cool investor fears . Dow fell -386.51 points or 0.84%. Notable stock moves included Cisco Systems Inc (-3.76%), Boeing Co (-3.4%) and Nvidia Corp (-3.15%) all falling >3%. The S&P500 and Nasdaq saw its largest intraday reversals since April’s tariff woes....