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US equity markets retreated, failing to sustain the Federal Reserve fuelled momentum of late last week - Dow fell -349-points or -0.77% to 45,282.47 after logging its first record closing high (45,631.74) since 4 December last Friday (22 August). Merck & Co Inc (down -2.36%) was the worst performer in the 30-stock index. Nvidia Corp +1.02% and was one of just three Dow components to advance overni...

US equity markets rebounded strongly on Friday (22 August) after Federal Reserve Chair Jerome Powell hinted at a near-term interest-rate cut during his Jackson Hole Economic Policy Symposium speech - Dow rallied +846-points or +1.89% to a record closing high of 45,631.74, marking the 30-stock indice’s first record close since 4 December last year. Caterpillar Inc (+4.25) was the leading Dow compon...

US equity markets declined amid a further rotation out of large capitalisation technology stocks and with investors eyeing a speech from Federal Reserve Chair Jerome Powell tonight AEST - Dow fell -153-points or -0.34% Boeing Co (down -0.51%) is in discussions to sell as many as 500 jets to China, according to Bloomberg News. While the two sides are working out the details, including the number an...

Chris Titley sits down with Michael Skinner, Managing Director and Chief Investment Officer at Blackwattle Investment Partners. Blackwattle is a new-generation Australian fund manager, established in 2023, investing in high quality Australian and global equities. Based in Sydney, the firm's ethos centers on alignment, with all team members owning equity and investing significant personal capital a...

Technology stocks came under selling pressure for a second session to weigh on the benchmark US equity indices, while investors also digested the minutes from the Federal Reserve’s July monetary policy meeting - Dow edged +16-points or +0.04% higher. Travelers Companies Inc (up +2.02%) was the leading performer in the 30-stock index, while technology heavyweight Amazon.com Inc (-1.84%) and Apple I...

Major technology companies led declines on US equity markets overnight - Dow inched +10-points or +0.02% higher to 44,922.27, touching a fresh record intra-day high (45,207.39). Nvidia Corp (down -3.50%) and Boeing Co (-3.19%) both fell over >3%. Reuters reported that Nvidia could look to deliver samples of a new artificial intelligence (AI) chip, entatively known as the B30A, to Chinese clients f...

US equity markets opened the week little changed - Dow slipped -34-points or -0.08%. UnitedHealth Group Inc (up +1.47% after jumping +11.98% last Friday (15 August)) was the leading Dow component for a second session running after filings with the Securities and Exchange Commission (SEC) released late last week recorded that Berkshire Hathaway Inc took a new positions in the health insurer.

US equity markets mixed to close out a strong week as Wall Street tempered its rate-cut hopes following the latest inflation and retail sales data - Dow added +35-points or +0.08% to 44,946.12, logging its first record intra-day high (45,203.52) since December in the opening minutes of last Friday’s (15 August) session. UnitedHealth Group Inc jumped +11.98% after filings released after the close o...

US equity markets settled little changed, paring earlier declines that came following wholesale inflation data that revived some concerns about tariffs inducing price pressures - Dow slipped -11-points or -0.02%, paring an earlier decline of more than >200-points. 3M Co -2.22% Amazon.com Inc +2.86%

US equity markets advanced, with both the S&P 500 and Nasdaq booking fresh record highs - Dow rose +464-points or +1.04% to 44,922.27, settling within 0.2% of its record closing high in December. UnitedHealth Group Inc (up +3.91%) was the leading performer in the 30-stock index for a second session running, while Merck & Co Inc (+3.00%) and Nike Inc (+3.07%) both rose ~3%.

The S&P500 and Nasdaq booked fresh record closing highs after tame inflation figures raised the likelihood of a Federal Reserve interest rate cut in September - Dow rose +484-points or +1.10% UnitedHealth Group Inc (up +3.65%) was the leading performer in the 30-stock index overnight. Goldman Sachs Group Inc (+3.36%) also gained over >3% despite President Trump criticising the investment bank’s Ch...

US equity markets retreated ahead of key inflation figures tonight AEST, shrugging off widely anticipated news that President Trump had signed an executive order that extended the deadline for tariffs on Chinese goods by another 90-days into early November - Dow fell -201-points or -0.45%, with Salesforce.com (down -3.26%) and International Business Machines (IBM) Corp (-2.46%) the biggest decline...

US equity markets closed out a strong week on a positive footing, with the Nasdaq hitting a fresh record high as investors eye inflation figures and key geopolitical negotiations later in the week - Dow rose +207-points or +0.47% to 44,175.61, settling less than

US equity markets mixed after a choppy session - Dow settled -224-points or -0.51% lower after trading in a 690-point range for the session and recording its biggest intra-day reversal since 18 June). Caterpillar Inc fell -2.48%

Technology majors led the latest advance on US equity markets - Dow rose +81-points or +0.18% Apple Inc rallied +5.09% to be the leading performer in the 30-stock index after a White House official confirmed that the iPhone maker will announce an additional US$100B investment in the U.S., building on a commitment from earlier this year for US$500B in investments over the next four years. The compa...

US equity markets retreated as investors digested the latest wave of corporate earnings, economic data, and various tariff updates - Dow slipped -62-points or -0.14% , with Salesforce Inc down -1.91% and McDonald’s Corp -1.79%, while Cisco Systems Inc (-1.42%), Microsoft Corp (-1.47%) and Visa Inc (-1.38%) all fell ~1.5%.

US equity markets rebounded from last Friday’s (1 August) steep falls amid increased bets for a September interest rate cut in the wake of weaker-than-expected jobs data - Dow rose +585-points or +1.34%, more than erasing last Friday’s (1 August) -542-point/-1.23% decline. Nvidia Corp rallied +3.62% to be the leading performer in the 30-stock index, while Cisco Systems Inc (+2.06%), Goldman Sachs...

US equity markets fell sharply to open August as new U.S. tariffs on dozens of trading partners and Amazon.com Inc’s underwhelming earnings weighed on sentiment, while a weaker payrolls report added to risk aversion - Dow fell -542-points or -1.23% to 43,588.58, marking the 30-stock index’s biggest one-day drop since 13 June. with Amazon (down -8.27%) the worst performer in the 30-stock index. Ten...

US equity markets weaker as investors eyed some fresh ‘Big Tech’ earnings after the closing bell and tonight’s AEST key jobs data - Dow fell -330-points or -0.74%. UnitedHealth Group Inc lost -6.19% to be the worst performer in the 30-stock index, while Merck & Co Inc lost -4.44% International Business Machines (IBM) Corp (-2.73%), Nike Inc (-2.60%) and Salesforce Inc (-2.45%) all fell ~2.5%. Micr...

US equity markets settled with modest losses as investors digested the latest monetary policy pronouncements from the Federal Reserve and eyed results after the closing bell from two of the so-called ‘Magnificent Seven’ cohort of mega-capitalisation technology companies - Dow fell -172-points or -0.38% , with 3M Co (down -3.41%) the worst performer in the 30-stock index. Procter & Gamble Co lost -...

The S&P 500 and Nasdaq pulled back from record highs as investors waded through a fresh round of corporate earnings releases and eyed the Federal Reserve’s latest interest rate tomorrow morning AEST (31 July) - Dow fell -205-points or -0.46%

US equity markets kicked off an extremely busy week with modest gains, lifting the S&P500 and Nasdaq to fresh record highs following news that the US and European Union (EU) had reached a framework for a trade deal on Sunday (27 July) - Dow slipped -64-points or -0.14% to 44,837.56. Nike Inc rallied +3.89% to US$79.24 and was the leading performer in the 30-stock index after J.P. Morgan upgraded t...

Chris Titley sits down with Jason Orthman, Deputy Chief Investment Officer / Lead Portfolio Manager / Investment and Executive Deputy Committee Chairs / Executive Director at Hyperion Asset Management Limited. Hyperion Asset Management is an Australian boutique fund manager, established in 1996, specializing in high-conviction growth-style investments in Australian and global equities. Based in Br...

US equity markets advanced, with the S&P and Nasdaq logging fresh record closing highs ahead of a busy week that includes key central bank monetary policy meetings, fresh corporate earnings releases and President Trump's 1 August deadline for negotiating trade deals - Dow rose +208-points or +0.47% to 44,901.92, settling just 0.25% shy of a its all-time record closing high set on 4 December (45,01...

US equity markets mixed following a fresh flurry of corporate earnings releases with the both the S&P 500 and Nasdaq edging up to fresh record closing highs albeit settling well off their highs of the session - Dow fell -316-points or -0.70%. International Business Machines (IBM) Corp dropped -7.62% despite the company’s headline numbers topping Wall Street’s expectations for the second-quarter af...