Market Updates

Wall St rose Friday, though ended off best levels after non-farm payrolls missed expectations , slightly dialling back rate hike bets (bad news is good news). Dow Jones up 250 points. S&P 500 up 0.73%. Nasdaq up 1.19%. Russell 2000 up 0.94%. Mag7 up 1.61%. SOX up 2.40% (Micron one of the few losers). SaaS up 0.2%. ASX set to rise on Monday. SPI futures up 26 points or 0.3% . CSL deal on new dr...

The ASX 200 recovered some 60 pts to close at 8674 after yesterday's drubbing, ahead of a long weekend in some states in Australia. The ASX rose 10 pts this week. Banking sector recovered slightly after yesterday's drubbing, with CBA up 1.2%, NAB being the best of the bunch, up 1.6%. The Big Bank Basket rose to $261.64 (+1.1%). Insurers also seeing a little bit of buying, especially in Q...

Stocks posted modest gains on the first trading day of October, clawing back earlier declines as Treasury yields retreated from their highest levels in more than 20 years. The S&P 500 added 0.19% to close at 7,666.45, and the Nasdaq Composite eked out a 0.04% gain to end at 26,871.60. The Dow Jones Industrial Average inched up 20.51 points, or 0.04%, to 50,926.56.  The 10-year U.S. Treasury yi...

The ASX 200 plunged 175 points to 8,614 (2%) in a very miserable start to the new quarter.  Across-the-board losses, with the banks leading the way down. CBA fell 0.9%,  WBC fell 3.3%, and ANZ fell 2.9%. The Big Bank Basket fell to $258.69. Insurers also gave up any hope of gains on the back of higher bond yields, with QBE down 2.2% and SUN denying takeover speculation, falling the hardest, down 7...

The S&P 500 slid on Wednesday, the final day of September, even after new U.S. economic data showed inflation slowed last month. The broad-market index dropped 0.25%, giving up its gains from earlier in the trading day and closing at 7,651.54. The S&P 500 was up as much as nearly 0.7% at one point during the session. The Nasdaq Composite advanced 0.24% to end at 26,861.06. The Dow Jones In...

The ASX 200 kicked 80 points to 8789, or 0.9%, after a relatively benign CPI number came in at 4%. Most sectors of the market rallied, with the exception of the banking sector, which still is under a cloud due to economic headwinds from higher inflation and higher interest rates. The Big Bank Basket closed relatively unchanged. We did see insurers, though, kick slightly higher, with SUN up 4.8%, a...

The Dow Jones Industrial Average pulled back 131.59 points, or 0.26%, to close at 51,349.92. The S&P 500 edged down 0.16% to end at 7,670.84, while the Nasdaq Composite slipped 0.09% to 26,797.54. Though all three indexes ended the session off their lows, they also posted back-to-back losing sessions. Bank stocks slid. JPMorgan Chase, Morgan Stanley and Bank of America declined. The State Stre...

The ASX 200 rose 30pts to 8709 (0.3%) after the RBA raised rates by 25 basis points, which has been well and truly priced into the market. After an initial dip, the market pushed a little higher. The banking sector was a little weaker, with CBA down 0.8%. The Big Bank Basket fell to $262.85 (-0.3%). Although the insurance sector was mixed, other financials again were mixed as well, with MQG pushin...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

The ASX 200 rose just 15 points to 8,680 (0.2%) today in listless trade ahead of the RBA and a big week for US Fed chiefs. The banking sector was firm, with CBA up 0.5% and MQG also having a good day, up 2.3%, with the insurers better on higher bond yields. Financials generally were slightly firmer, although PNI fell 2.0% after news from one of its funds on private credit exposure. A slight upward...

Wall St finished higher on Friday and closed near the day's highs. The Dow was up 484 points (up 0.94%), the S&P 500 was up 39 points (up 0.51%) and the NASDAQ was up 129 points (up 0.48%). The Russell 2000 was up 0.07%. The indexes were briefly in the red early after University of Michigan Consumer Sentiment fell to a four-month low of 48.1. Most of the gains came after the New York Time...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...

Marcus Today – Daily Market Insights   Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.  If you'd like to go further:  Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcast   Join Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer   MT2...