Finance News Network

Market Reports

ASX closes 0.28% higher: Retailers struggle as RBA raises rates

09 Nov 2023 - The Reserve Bank of Australia raised the official cash rate to the highest level in 12 years, just as retailers were hopeful about increased spending ahead of the fes…

ASX up 0.42%: Best-performing sector is Consumer Discretionary

09 Nov 2023 - Australian stocks are building on their early gains as Thursday's trading session unfolds, displaying resilience in the face of a turbulent Wall Street session marred…

S&P 500 hits longest win streak in two years

09 Nov 2023 - The S&P 500 gained for an eighth consecutive day on Wednesday, extending its longest win streak in two years. While upcoming inflation and economic prints are likely …

ASX closes 0.26% higher as Tech outperforms

08 Nov 2023 - On Wednesday, the Australian stock market experienced a slight upward movement, driven by robust advancements in the technology sector, which counterbalanced a downtu…

Afternoon update: ASX up 0.26% as oil falls to three-month low

08 Nov 2023 - Oil prices dropped to a three-month low, with Brent falling towards $81 a barrel, due to concerns over declining US gasoline consumption and a deteriorating demand ou…

ASX up 0.23% at noon: Tech is best performing sector

08 Nov 2023 - The Australian sharemarket is higher at noon, influenced by mixed factors including flat performance on Wall Street and weaker-than-expected Chinese data impacting co…

S&P 500 rises as Wall Street continues November's rally

08 Nov 2023 - The S&P 500 and Nasdaq Composite rose on Tuesday to notch their longest winning streaks in nearly two years and build on November’s rally.

ASX down 0.14% at noon: Investors await RBA policy statement

07 Nov 2023 - Local investors are closely watching the Reserve Bank's policy statement scheduled for 2.30 pm (AEDT). It is anticipated that policymakers will decide on a 0.25 perce…

Major US indexes close higher as earnings season winds down

07 Nov 2023 - Stocks eked out narrow gains Monday to build on last week’s strong rally, with the Nasdaq Composite notching its longest positive streak since January.

ASX closes 0.28% higher ahead of RBA's cash rate decision

06 Nov 2023 - The ASX experienced a subdued Monday session, with its benchmark index nearing 7000 points for the first time in over two weeks, anticipating the Reserve Bank's impen…

Afternoon update: ASX currently trading 0.23% higher as investors await Fed decision

06 Oct 2023 - Australia's S&P/ASX 200 index briefly exceeded 7,000 points for the first time in over two weeks...

ASX up 0.37% at noon: RBA's likely hike

06 Nov 2023 - The Australian sharemarket began the week with a slight upward movement, as investors remained watchful for the Reserve Bank's cash rate decision scheduled for Tuesda…

S&P500 records its first-five day gain since June

06 Nov 2023 - Stocks rose Friday after a soft jobs report drove bond yields lower, and the major averages registered their best week in 2023.

ASX up 1.1% at noon following Wall Streets gains

03 Nov 2023 - The Australian stock market has surged around midday, buoyed by the positive performance on Wall Street, amid growing optimism that the Federal Reserve might have con…

Stocks rally on falling Treasury yields

03 Nov 2023 - Stocks gained Thursday as Treasury yields fell, with investors betting the Federal Reserve could be done raising rates for 2023.

ASX closes 0.9% higher: US Federal Reserve kept interest rates unchanged

02 Nov 2023 - The ASX's rate-sensitive sectors saw gains on Thursday as the US Federal Reserve kept interest rates unchanged, leading traders to speculate that US rates had reached…

ASX up 1.25% at noon: AUD rises following Mr. Powell's comments

02 Nov 2023 - The Australian dollar rose to a three-week high of US64.10c after Federal Reserve Chairman Jerome Powell's statements were seen as suggesting that interest rates had …

Stocks rally as the Fed keeps rates unchanged

02 Nov 2023 - Stocks rallied Wednesday, rebounding from a dismal past three months, after the Federal Reserve kept interest rates unchanged for a second consecutive time - leading …

ASX closes 0.85% higher: Investors await the Fed rate decision

01 Nov 2023 - On Wednesday, the stock market experienced a second consecutive day of gains as investors eagerly anticipated the Federal Reserve's policy statement, hoping to gain i…

ASX up 0.26% at noon: Australian building approvals fall 4.6%

01 Nov 2023 - Australian building approvals in September fell by 4.6%, surprising analysts who had anticipated a 1.3% increase.

S&P500 climbs ahead of Fed rates decision

01 Nov 2023 - Stocks edged higher on Tuesday, as Wall Street closed out a tough month of trading. Stocks posted their third-straight losing month. The Dow and the S&P 500 fell 1.4%…

ASX closes 0.12% higher as Consumer Staples outperforms

31 Oct 2023 - On Tuesday, the Australian sharemarket experienced a modest increase, driven by a rally in consumer staples and real estate stocks.

Afternoon update: ASX up 0.18%: China's offical manufacturing index falls

31 Oct 2023 - The S&P/ASX 200 is trading 0.18 per cent higher at 6,785.30.

ASX up 0.37% at noon following the US markets lead

31 Oct 2023 - At noon, the S&P/ASX 200 is 0.37 per cent higher at 6,798. Asia-Pacific markets were mixed with markets awaiting monetary policy decisions by the Bank of Japan. The B…

Stocks surge as S&P 500 exits correction zone ahead of pivotal week

31 Oct 2023 - Stocks rallied on Monday, with the S&P 500 ending the day out of correction territory, as traders kicked off a big week filled with a Federal Reserve rate decision, j…

Prior Page Next Page