G'day, mooers! Check out the latest news on today's stock market! • All three major U.S. indexes finished the week lower • ASX nears record as miners rally • Stocks to watch: A2 Milk, Westpac, BlueScope Steel - Moomoo News AU Wall Street Summary The stock-market rally hit speed bumps this week when government data showed that prices rose more than expected last month and suggested that the Federal Reserve's fight against inflati...
Australian half-year earnings season gets underway in the first week of February 2024. Share prices have been on a tear in the second half of January but mostly it is has been on the back of positive news out of the US rather than investors getting in ahead of the results season. From an economic viewpoint the second half of 2023 saw inflation continuing to fall and the unemployment number remain between 3.6% and 3.9% - historically low numbers. ...
Last week was very positive for equity markets with a lower than expected US inflation print (3.2% for October) seeing bond yields fall 10-20 basis points and consolidating the view that we have likely seen a peak in US interest rates. The UK inflation number was also revealed last week and showed that inflation is also moderating in the UK. The US reporting season continued to churn out good numbers and President Biden’s meeting wi...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 marks worst seek since March • ASX opens lower; Qantas slips on customer, fuel costs • Stocks to watch: Allkem, Synlait, Imugene - Moomoo News AU Wall Street Summary U.S. stock indexes edged lower Friday to end an ugly week after the Federal Reserve signaled it may not be done hiking rates. The$標普500指數(.SPX.US)$fell 0.2% Friday and closed down 2.9% for...
G'day, mooers! Check out the latest news on today's stock market! • US markets give back early strength • ASX 200 rose 0.54%, led by gains in energy and materials stocks. • Stocks to watch: NextDC, Harvey Norman, De Grey Mining - Moomoo News AU Wall Street Summary US stocks clawed back some of last week's heavy losses as a retreat in bond yields encouraged bargain-hunting. The$標普500指數(.SPX.US)$rallied 12 p...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 hits 2-month high, Fed signals slower rate hikes • ASX opens 0.2pc higher • Stocks to watch: Tyro Payments, Kogan, Harvey Norman - Moomoo News AU Wall Street Summary Wall Street closed solidly higher on the eve of the Thanksgiving holiday as investors welcomed the prospect of smaller rate hikes. Declines in treasury yields and the dollar boosted rate-sensitive sec...
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• Top losers: $Sigma Healthcare Ltd(SIG.AU)$, $Stanmore Resources Ltd(SMR.AU)$, $Xero Ltd(XRO.AU)$
Australia's $S&P/ASX 200(.XJO.AU)$ closed 1.3% lower at 7782.5 as property and tech stocks tumbled amid renewed uncertainty about the likely timing of global central bank interest-rate cuts. The benchmark index opened lower following a...
• All three major U.S. indexes finished the week lower
• ASX nears record as miners rally
• Stocks to watch: A2 Milk, Westpac, BlueScope Steel
- Moomoo News AU
Wall Street Summary
The stock-market rally hit speed bumps this week when government data showed that prices rose more than expected last month and suggested that the Federal Reserve's fight against inflati...
Share prices have been on a tear in the second half of January but mostly it is has been on the back of positive news out of the US rather than investors getting in ahead of the results season.
From an economic viewpoint the second half of 2023 saw inflation continuing to fall and the unemployment number remain between 3.6% and 3.9% - historically low numbers. ...
• Top losers: $Chalice Mining Ltd(CHN.AU)$, $Alumina Ltd(AWC.AU)$, $Centuria Capital Group(CNI.AU)$
$S&P/ASX 200(.XJO.AU)$ closed 1.2% lower at 7588.2, pulling back from the previous session's record close following comments by Fed Chair Jerome Powell that a March interest-rate cut looks unlikely.
All 11 ...
• Top losers: $NIB Holdings Ltd(NHF.AU)$, $Orora Ltd(ORA.AU)$, $QBE Insurance Group Ltd(QBE.AU)$
$S&P/ASX 200(.XJO.AU)$ closed 1.65% higher at 7377.9 on broad-based gains. The benchmark index jumped at the open after U.S. Federal Reserve officials penciled in three rate cuts for 2024 and held onto its gains through the session.
All 11 sectors fini...
The US reporting season continued to churn out good numbers and President Biden’s meeting wi...
• S&P 500 marks worst seek since March
• ASX opens lower; Qantas slips on customer, fuel costs
• Stocks to watch: Allkem, Synlait, Imugene
- Moomoo News AU
Wall Street Summary
U.S. stock indexes edged lower Friday to end an ugly week after the Federal Reserve signaled it may not be done hiking rates.
The $標普500指數(.SPX.US)$ fell 0.2% Friday and closed down 2.9% for...
• Top gainers: $Nickel Industries Ltd(NIC.AU)$, $Sandfire Resources Ltd(SFR.AU)$, $Qantas Airways Ltd(QAN.AU)$
• Top losers: $Paladin Energy Ltd(PDN.AU)$, $Imugene Ltd(IMU.AU)$, $APM Human Services International Pty(APM.AU)$
- moomoo News AU
The $S&P/ASX 200(.XJO.AU)$ slipped 0.1 per cent to 7209.3 on a day when stocks swung between gains and losses.
Energy and REIT stocks...
• US markets give back early strength
• ASX 200 rose 0.54%, led by gains in energy and materials stocks.
• Stocks to watch: NextDC, Harvey Norman, De Grey Mining
- Moomoo News AU
Wall Street Summary
US stocks clawed back some of last week's heavy losses as a retreat in bond yields encouraged bargain-hunting.
The $標普500指數(.SPX.US)$ rallied 12 p...
• S&P 500 hits 2-month high, Fed signals slower rate hikes
• ASX opens 0.2pc higher
• Stocks to watch: Tyro Payments, Kogan, Harvey Norman
- Moomoo News AU
Wall Street Summary
Wall Street closed solidly higher on the eve of the Thanksgiving holiday as investors welcomed the prospect of smaller rate hikes. Declines in treasury yields and the dollar boosted rate-sensitive sec...
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