After US inflation data came out, I chatted to Charles Payne on Fox News at 4.50am Sydney time (2.50 CT time), about what it means, and why investors don't need to panic US inflation rose more than expected for the 3rd month. Now US interest rates are only expected to be cut twice, not three times US inflation was hotter than expected for the3rd monthfueled by rises in oil, electricity, takeaway food...
An Easter holiday shortened week saw equity markets around the world pull back from record highs. The exception to this was China that has now rallied 7 out of the last 8 weeks. We alerted readers to the possible turning point back on the 9th of February as China headed to its New Year break. After a 30% fall its main share index has now bounced 12.5%. Last week it closed up 1.94%. Hong Kong followed suit rising 1.10%. The US sharemarket took a breath...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 retreats from record high • Banks drag ASX down; Iron ore miners rebound • Stocks to watch: Myer, Appen Wall Street Summary On Wednesday, the US stock market experienced mixed results as some tech giants saw their stocks retreat, causing the$標普500指數(.SPX.US)$'s record-setting run to pause. The S&P 500 index decreased by about 0.2%, while the$道瓊斯指數(.DJI.US)$rose by 0...
G'day, mooers! Check out the latest news on today's stock market! • Utilities stocks lead decline • ASX falls; News Corp dips 0.3% • Stocks to watch: News Corp, REA Group - Moomoo News AU Wall Street Summary The S&P 500's shot at its longest winning streak since 2004 appeared within grasp for much of Thursday's trading session. Then Federal Reserve Chair Jerome Powell and the Treasury market crashed the party. Major in...
G'day, mooers! Check out the latest news on today's stock market! • Rising bond yields, interest-rate worries drag US stocks lower • ASX slumps 1.5% in broad losses • Stocks to watch: Costa Group, News Corp, APA Group - Moomoo News AU Wall Street Summary The highest bond yields in more than a decade prompted another stock-market selloff Thursday, as the possibility of a prolonged higher interest-rate environment sank i...
G'day, mooers! Check out the latest news on today's stock market! • US stocks slip on worries about consumer spending • ASX edges up, Woolworths jumps, WiseTech and Pepper plunge • Stocks to watch: Santos, WiseTech, The Lottery Corporation - Moomoo News AU Wall Street Summary Stocks edged lower Tuesday after disappointing earnings reports from retailers cast doubt on the strength of the U.S. consumer. The cautionary signals lande...
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US inflation rose more than expected for the 3rd month. Now US interest rates are only expected to be cut twice, not three times
US inflation was hotter than expected for the 3rd month fueled by rises in oil, electricity, takeaway food...
The exception to this was China that has now rallied 7 out of the last 8 weeks. We alerted readers to the possible turning point back on the 9th of February as China headed to its New Year break. After a 30% fall its main share index has now bounced 12.5%. Last week it closed up 1.94%. Hong Kong followed suit rising 1.10%.
The US sharemarket took a breath...
- Downgraded to underperform from neutral at Macquarie; Price Target: $0.25 from $0.45
- Retained at overweight at Morgan Stanley; Price Target: $0.50
$Alpha HPA Ltd(A4N.AU)$ - Retained at buy at Bell Potter; Price Target: $1.60 from $1.68
$Aeris Resources Ltd(AIS.AU)$ - Retained at buy at Bell Potter; Price Target: $0.23
$Aristocrat Leisure Ltd(ALL.AU)$ - Retained at hold at Ord Minnett; Price Target: $45.00
$ALS Ltd(ALQ.AU)$ - Retained at buy at Goldman S...
• S&P 500 retreats from record high
• Banks drag ASX down; Iron ore miners rebound
• Stocks to watch: Myer, Appen
Wall Street Summary
On Wednesday, the US stock market experienced mixed results as some tech giants saw their stocks retreat, causing the $標普500指數(.SPX.US)$'s record-setting run to pause.
The S&P 500 index decreased by about 0.2%, while the $道瓊斯指數(.DJI.US)$ rose by 0...
• Utilities stocks lead decline
• ASX falls; News Corp dips 0.3%
• Stocks to watch: News Corp, REA Group
- Moomoo News AU
Wall Street Summary
The S&P 500's shot at its longest winning streak since 2004 appeared within grasp for much of Thursday's trading session. Then Federal Reserve Chair Jerome Powell and the Treasury market crashed the party.
Major in...
• Rising bond yields, interest-rate worries drag US stocks lower
• ASX slumps 1.5% in broad losses
• Stocks to watch: Costa Group, News Corp, APA Group
- Moomoo News AU
Wall Street Summary
The highest bond yields in more than a decade prompted another stock-market selloff Thursday, as the possibility of a prolonged higher interest-rate environment sank i...
• US stocks slip on worries about consumer spending
• ASX edges up, Woolworths jumps, WiseTech and Pepper plunge
• Stocks to watch: Santos, WiseTech, The Lottery Corporation
- Moomoo News AU
Wall Street Summary
Stocks edged lower Tuesday after disappointing earnings reports from retailers cast doubt on the strength of the U.S. consumer.
The cautionary signals lande...
• Top gainers: $Infratil Ltd(IFT.AU)$, $Pro Medicus Ltd(PME.AU)$, $Breville Group Ltd(BRG.AU)$
• Top losers: $Centuria Capital Group(CNI.AU)$, $Judo Capital Holdings Ltd(JDO.AU)$, $AGL ENERGY FPO(AGLCD.AU)$
- moomoo News AU
The $S&P/ASX 200(.XJO.AU)$ fell 0.7 per cent, or 49 points, to 7401.7 points at midday, weighed down by the real estate and utilities sector...
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