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ASX falls 0.67% at close: Best performing sector is Utilities

16 Nov 2023 - The Australian sharemarket declined despite a strong labor force report indicating the creation of 55,000 new jobs in October, with a previous upward revision of 8,00…

Afternoon update: ASX down 0.65% despite unemployment rate increasing

16 Nov 2023 - The Australian sharemarket experienced a late trading decline, despite a strong Wall Street rally, as investors reacted to local data revealing a substantial increase…

ASX down 0.21% at noon with a slight uptick in the unemployment rate

16 Nov 2023 - Australian employment increased by 55,000 in October, with a slight uptick in the unemployment rate to 3.7%.

October's PPI falls to its biggest monthly drop since April 2020

16 Nov 2023 - Stocks climbed on Wednesday, building on the strong rally from the previous session, on the back of more encouraging inflation data.

ASX closes 1.4% higher despite wages climbing 1.3%

15 Nov 2023 - The Australian sharemarket reached an eight-week high on Wednesday, driven by optimism stemming from a US inflation report indicating the possibility of a peak in int…

Latest US inflation report lifts ASX 1.4% at noon

15 Nov 2023 - Australian shares experienced early gains driven by the latest US inflation report, fueling speculation that interest rates may have peaked.

Lower than expected inflation number drives markets higher

15 Nov 2023 - Stocks rallied on Tuesday, building on their strong November gains, as Wall Street cheered new U.S. inflation data that raised hope of the Federal Reserve wrapping up…

ASX closes 0.83% higher despite drop in consumer sentiment

14 Nov 2023 - On Tuesday, the sharemarket rebounded, driven by gains in the energy and mining sectors due to a recovery in commodity prices.

Afternoon update: ASX trading 0.66% higher, Energy surges over 2%

14 Nov 2023 - The S&P/ASX 200 index rose by 0.66 per cent to reach 6,994.60, driven by robust performances in the energy, mining, gold, and lithium sectors, which benefited from a …

ASX up 0.6% as commodity prices recover

14 Nov 2023 - The S&P/ASX 200 has risen by 0.6 percent to reach 6991, driven by a recovery in commodity prices. Investors are eagerly awaiting crucial US inflation data to gain ins…

S&P 500 closes near flat line as Moody's cuts US rating

14 Nov 2023 - The S&P 500 ended Monday’s session near the flat line as traders prepared for the release of key inflation data.

ASX closes 0.4% lower as oil price weakens

13 Nov 2023 - The Australian sharemarket declined on Monday, with a 0.4% drop in the benchmark S&P/ASX 200 index to 6948.8 points, primarily due to a sell-off in energy and bank st…

Afternoon update: ASX trading 0.3% lower, Utilities is best performer

13 Nov 2023 - The S&P/ASX 200 is trading 0.3 per cent lower at 6,955.60.

ASX down 0.22% at noon amidst RBA's new leadership test

13 Nov 2023 - At noon, the S&P/ASX 200 stock index has decreased by 0.22 percent. This decline comes just before a series of economic indicators are due to be released, which will …

Tech stocks lead the market higher as Treasury yields stabilise

13 Nov 2023 - Stocks rallied Friday, recovering the ground lost in the previous session, as Treasury yields stabilised.

Asian markets subdued following US treasury yield spike overnight

10 Nov 2023 - Asia-Pacific markets opened softer on Friday, following the US market lead. Treasury yields spiked and Federal Reserve Chair Jerome Powell signalled more work may be …

Jump in US yields puts pressure on equity markets

10 Nov 2023 - The S&P 500 fell Thursday breaking an eight day winning streak as rising yields shook investor confidence.

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…

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