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US equity markets down on Friday, with a surge in bond yields after a much hotter-than-expected December jobs report putting prospects for further rate cuts by the Federal Reserve in doubt, The 10-year yield finished up 9.2 basis points to 4.772%, its highest since Nov. 1, 2023. Conversely, the Dow bled - 697 points or - 1.63%.

US equity markets were CLOSED overnight in observance of a National Day of Mourning for former President Jimmy Carter, who passed away aged 100 late last year. The US fourth quarter corporate earnings season tentatively begins tonight AEST , with Constellation Brands Inc , Delta Air Lines Inc , Walgreens Boot Alliance Inc and WD-40 Company posting quarterly results . The fourth quarter earnings se...

US equity markets mixed   ahead of the release of the latest non-farm payrolls report on Friday night AEST (10 December) - Dow rose +107-points or +0.25% CNN reported that President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries , citing unnamed sources familiar with the matter.

US equity markets retreated and bond yields climbed following the release of economic data that raised fresh inflation concerns - Dow fell -178-points or -0.42% . Nvidia Corp dropped -6.22% after hitting an all-time high (US$153.13) in early trading after Chief Executive Officer (CEO) Jensen Huang delivered a keynote speech at the annual Consumer Electronics Show (CES) in Las Vegas and provided se...

US equity markets advanced albeit the major indices settled well off their session highs, with chipmakers trading particularly strongly - Dow slipped -26-points or -0.06% Nvidia Corp rallied +3.43% to be the leading performer in the 30-stock index for a second straight session ahead of Chief Executive Officer (CEO) Jensen Huang delivering a keynote speech at the annual Consumer Electronics Show (C...

US equity markets advanced amid light trading volume to conclude a holiday-shortened week, with the S&P 500 and Nasdaq snaping five-session losing streaks - Dow rose +340-points or +0.80% , ending a run of four consecutive session declines. Nvidia Corp rallied +4.45% to be the leading performer in the 30-stock index ahead of Chief Executive Officer (CEO) Jensen Huang delivering a keynote speec...

US equity markets rebounded on Friday (20 December) following tame inflation figures , recouping some of the steep losses recorded earlier in the week after the Federal Reserve signalled a potentially smaller reduction in interest rates in 2025 than Fed officials previously projected - Dow rallied +498-points or +1.18% , with Nvidia Corp (up +3.08%) the leading performer in the 30-stock index.

US equity markets fell sharply after the Federal Reserve cut rates as expected but pumped the brakes on future rate cuts - Dow dropped -1,123-points or -2.58% , logging its tenth consecutive session decline . Amazon.com Inc (down -4.6%) , American Express Co (-4.5%) and Goldman Sachs Group Inc (-4.25%) all fell over >4%, with all 30 index components settling in the red with the exception of Uni...

US equity markets declined  ahead of the latest  inflation figures tonight AEST   - Dow retreated  for a fourth straight session, down  -154-points  or  -0.35% .   Nvidia Corp  fell  -2.69%, extending its two-day slide to over >5% after  China’s State Administration for Market Regulation said it was investigating the company over possible violations of the country’s antimonopoly law , opening a...

US equity markets retreated , with the  S&P 500  and  Nasdaq  pulling back from record closing highs set last Friday (6 December)  - Dow fell -241-points  or  -0.54% , with International Business Machines (IBM) Corp (down 3.38%) and Travelers Companies (-3.53%) both down over >3%.   Nvidia Corp  fell  -2.55% after  China’s State Administration for Market Regulation said it was investigating...

Benchmark US equity indices retreated from record highs ahead of the release of key employment figures tonight AEST  - Dow fell -248-points or -0.55% . Unitedhealth Group Inc fell 5.21% after day after the CEO of the US’s largest health insurer, Brian Thompson , was murdered on the streets on New York in a seemingly targeted attack .

Technology stocks led a fresh rally on US equity markets , lifting all three (3) benchmark indices to fresh record highs - Dow rose +309-points or +0.69% to 45,014 , the first close above the >45,000 level . Salesforce Inc jumped +10.99% following the release of the enterprise software company’s third quarter result after the close of the previous session that saw revenue top consensus expectat...

  The S&P 500 and Nasdaq logged fresh intra-day and record closing highs - Dow eased -76-points or -0.17% , with Procter & Gamble Co (down -2.38%) the worst performer in the 30-stock index . Honeywell International Inc fell -1.3% after the industrial conglomerate cut its full-year outlook after signing a strategic agreement with Bombardier to supply advanced avionics, propulsion, and satel...

US equity markets settled little changed as investors digested a benign October inflation report - Dow added +47-points or +0.11% , unwinding an earlier rally of as much as +230-points. Amazon.com Inc (up +2.48%) and Chevron Corp (+2.21%) both gained over >2%. Boeing Co (down -3.58%) was the worst performer in the 30-stock index overnight.

US equity markets retreated , with the post Trump election rally fading ahead of inflation figures tonight AEST  - Dow fell 382-points or 0.86% to 43,911 , having closed above >44,000 for the first time a day earlier. Amgen Inc slumped -7.14% to be the worst performer in the 30-stock index after investment bank Cantor Fitzgerald flagged possible safety issues with MariTide , the biotechnology f...

The benchmark US indices edged their way to fresh record highs , with the Dow and S&P 500 settling above 44,000 and 6,000 respectively for the first time ever - Dow gained +304-points or +0.69% to 44,293.13 . Salesforce Inc (up +6.14%) was the leading performer in the 30-stock index , while Goldman Sachs Group Inc (+2.22%) and Honeywell International Inc (+2.62%) gained over >2%. The broade...

US equity markets extended their rally, lifting the benchmark indices to fresh record highs to cap their best week in a year following Donald Trump’ sweeping election victory and after the Federal Reserve cut its benchmark interest rate by -25 basis points - Dow rose +260-points or +0.59% to 43,988.99, briefly crossing 44,000 for the first earlier in the session. Salesforce Inc +3.59% was the lead...

The post-election rally rolled on, lifting the S&P 500 and Nasdaq to fresh record highs for a second session in-a-row as investors also digested the latest rate cut and monetary policy pronouncements from the Federal Reserve. - Dow  flat . Goldman Sachs Group Inc (down -2.32%) and JPMorgan Chase & Co (-4.32%) handed back some of the previous session’s double-digit gains.   The broader S&am...

Large capitalisation technology stocks led US equity markets higher as investors awaited the results U.S. presidential election - Dow rose +427-points or +1.02% . Intel Corp rose +3.55%, more than recouping the previous session’s -2.93% decline to be the leading performer in the 30-stock index. Goldman Sachs Group Inc rose +3.03%. Boeing Co lost -2.62% despite workers voting by 59% to end their st...

US equity markets made a positive start to November as investors digested the latest results from large technology companies and labour market data that reinforced expectations that the Federal Reserve will continue cutting interest rates - Dow gained +289-points or +0.69% . Intel Corp (up +7.81%) and Amazon.com Inc (+6.19%) were the leading performers in the 30-stock index, with both companies po...

US equity markets firmer as investors eyed earnings from a number of large capitalisation technology companies and key economic data - Dow lost -155-points or -0.36% . Home Depot Inc (down -1.94%) and Coca-Cola Co (-1.66%) both fell over >1.5%. The broader S&P500 edged +0.16% higher to settle ~0.5% below its record all-time closing high. Communication Services (up +1.56%) and Information Te...

US equity markets mixed on Friday (25 October) to cap off a bumpy few days of trading as investors eye a huge week of economic data and earnings reports - Dow fell -260-points or -0.61% . McDonald’s Corp fell -2.97% and was the worst performer in the 30-stock index on Friday (25 October) and the stock has been under pressure in recent days following news that an E. coli outbreak in several states...

US equity markets declined as bond yields continued to climb - Dow dropped -410-points or -0.96% , paring an earlier decline of as much as 632 points but still marking the 30-stock index’s largest one-day decline since 6 September . McDonald’s Corp fell -5.12% to be the worst performer in the 30-stock index after the Centers for Disease Control and Prevention (CDC) said they were investigating an...

US equity markets settled narrowly mixed after a morning session rally for the semiconductor sector, spurred by solid quarterly results from the world's largest contract chipmaker, lost some steam - Dow rose +161-points or +0.37% to 43,239.05 to book its 39th record closing high of the year . American Express Co (up +1.46%) and Chevron Corp (+1.66%) were the leading performers in the 30-stock inde...

US equity markets settled with modest declines in the wake of slightly stickier inflation data for September - Dow slipped -58-points or -0.14% . Boeing Co fell -1.84% to be the worst performer in the 30-stock index. International Business Machines (IBM) Inc (-0.55%) touched a record all-time high (US$235.83) earlier in the session. Amazon.com Inc rose +0.80% after the on-line retailing giant said...