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ASX closes 0.8% lower to hit its lowest point since October 2022

30 Oct 2023 - On Monday, the ASX experienced a decline of 0.8 percent at 6772.9 points. This drop below 6800 points marked the first time it had done so this year and is its lowest…

Afternoon update: ASX down 0.55% as Israel launches ground operations

30 Oct 2023 - The ASX has reached a 12-month low due to investor concerns that the Israel-Hamas conflict may lead to a regional war.

ASX down 0.62% at noon as Australian retail sales rise by 0.9% in September

30 Oct 2023 - Australian retail sales exceeded expectations by rising 0.9% in September, compared to economists' forecast of a 0.3% increase, following slower growth in August and …

Fears of recession pull the Dow lower

30 Oct 2023 - Renewed selling on fears of a recession dragged the Dow Jones Industrial Average lower on Friday and pushed the S&P 500 into correction territory.

ASX up 0.27% at noon as Australia's producer prices increase by 1.8%

27 Oct 2023 - Australia's producer prices increased by 1.8% in September when compared to the previous quarter, and they rose by 3.8% over the past 12 months, according to the Aust…

Meta's forecast deepens Nasdaq into correction territory

27 Oct 2023 - The Nasdaq Composite dropped deeper into correction territory on Thursday as Meta became the latest tech company to offer a forecast that didn’t quite live up to inve…

ASX closes 0.61% lower: Sell-off in Tech stocks

26 Oct 2023 - The Australian stock market reached its lowest point of the year, primarily driven by a substantial sell-off in technology stocks.

Afternoon update: ASX down 0.8%, SQM buys Azure Minerals

26 Oct 2023 - Australian shares have fallen 0.8 per cent after Wall Street fell on mixed profit reports from Microsoft and Alphabet.

ASX down 0.59% at noon: Energy is best performing sector

26 Oct 2023 - Governor of the Reserve Bank of Australia, Michele Bullock, has stated that they are still in the process of analysing the recent CPI (Consumer Price Index) figures.

Meta & IBM the latest to report Q3 results

26 Oct 2023 - The S&P 500 closed below a key level on Wednesday. The benchmark index fell 1.4%, ending the day below the 4,200 level that was being widely watched by chart analysts…

Hot inflation data leads ASX to close 0.04% lower

25 Oct 2023 - Australian shares closed flat on Wednesday, ignoring a strong performance on Wall Street. The lackluster performance was attributed to a higher-than-expected inflatio…

Afternoon update: ASX down 0.07% after hotter than expected CPI data

25 Oct 2023 - Australia's consumer price index increased by 1.2% in the September quarter compared to the previous quarter, slightly surpassing economists' expectations.

ASX up 0.31% as Australia's CPI beats expectations

25 Oct 2023 - Australia's September quarter CPI data have exceeded market estimates, with the quarterly headline CPI rising 1.2 percent versus the expected 1.1 percent, and the ann…

Alphabet, Microsoft post earnings; Bitcoin soars; Albanese boosts critical minerals

25 Oct 2023 - Stocks rose Tuesday as investors focused on a fresh slate of earnings reports. Coca-Cola reported earnings and revenue that topped estimates, sending the stock up 2.8…

ASX closes 0.19% higher as Energy stocks get a boost from rising oil prices

24 Oct 2023 - Energy stocks benefited from the rise in oil prices, with West Texas Intermediate trading around $86 per barrel. The avoidance of a Gaza invasion by Tel Aviv temporar…

Afternoon update: ASX up 0.16%, Energy leads sectors

24 Oct 2023 - The S&P/ASX 200 is trading 0.16 per cent higher at 6,855.1.

ASX currently up 0.22%: Energy is best performing sector

24 Oct 2023 - The spotlight is on RBA Chief Michele Bullock's speech scheduled for 7pm AEDT at the Global Markets Conference hosted by CBA in Sydney.

S&P500 falls lower: Chevron acquires Hess Corporation

24 Oct 2023 - The Nasdaq Composite ticked higher on Monday as Treasury yields retreated from their highs and traders looked ahead to the release of corporate earnings from tech ind…

ASX closes 0.82% lower to its lowest point in a year

23 Oct 2023 - Australian shares closed at their lowest level in a year on Monday, following a trend set by a weaker Wall Street. This decline was driven by concerns about an escala…

ASX down 0.76% at noon following Wall Street's poor performance

23 Oct 2023 - At noon, the S&P/ASX 200 is 0.76 per cent lower at 6,848.40. This drop was in line with Wall Street's performance, driven by concerns about potential interest rate hi…

US stocks fall as US 10-year Treasury yields pass 5%

23 Oct 2023 - Stocks retreated Friday as a surge in the 10-year Treasury yield prompted broader concerns about the state of the economy. The yield on the benchmark 10-year Treasury…

ASX down 1.11% at noon: Chinese investors dump US bonds

20 Oct 2023 - In August, Chinese investors recorded their highest selling activity of US bonds and stocks in four years, amounting to $21.2 billion, with a focus on treasuries and …

US stocks slide following comments from Fed Chair Jay Powell

20 Oct 2023 - Stocks slid on Thursday as Wall Street parsed commentary from Federal Reserve Chair Jerome Powell while monitoring a key milestone for a closely followed bond yield.

ASX closes 1.36% lower to its worst day in 4 weeks

19 Oct 2023 - Australia's benchmark index had its worst one-day performance in four weeks on Thursday. This decline was attributed to rising tensions in the Middle East and an unex…

Afternoon update: ASX drops 1.69% as labour market remains tight

19 Oct 2023 - The ASX has experienced a significant drop of 1.69 per cent to 6,958.20.

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