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Market Reports

US stocks rise after optimistic comments from the Fed

29 Nov 2023 - Stocks rose Tuesday, resuming their November rally, as comments from a Federal Reserve official raised hope that the central bank may not need to raise interest rates…

ASX closes 0.39% higher due to gains in REITs and gold

28 Nov 2023 - Shares rebounded on Tuesday due to gains in real estate and gold, while the Australian dollar reached a four-month high amid expectations of prolonged high borrowing …

ASX up 0.72% at noon: Retail sales in October decline by 0.2%

28 Nov 2023 - Retail sales in October declined by 0.2% compared to September, falling short of the expected 0.1% increase, indicating that rising borrowing costs and elevated infla…

Dow falls as Cyber Monday stocks rise

28 Nov 2023 - The Dow Jones Industrial Average fell on Monday, as traders took a breather after the major averages posted a four-week winning streak.

ASX closes 0.76% lower as commodity stocks experience sell-off

27 Nov 2023 - The Australian sharemarket experienced a decline on Monday due to a sell-off in commodity stocks, primarily driven by a drop in the value of iron ore.

Afternoon update: ASX down 0.44% as OPEC+ considers increasing production cuts

27 Nov 2023 - The S&P/ASX 200 is trading 0.44 per cent lower at 7,009.50.

ASX down 0.15% at midday as iron ore prices dip

27 Nov 2023 - The Australian sharemarket experienced a noon decline with the S&P/ASX 200 index slipping 0.15% due to losses in commodity stocks, particularly in the materials secto…

The major US averages notch four-week win streak

27 Nov 2023 - The Dow Jones Industrial Average rose on Friday, as the major averages notched a four-week winning streak.

ASX up 0.4% at noon as Energy bounces back

24 Nov 2023 - The gains come from Energy and Utilities. Energy shares saw a rebound, bouncing back from the previous day's decline.

European stocks closed higher with US markets closed

24 Nov 2023 - European stocks closed slightly higher on Thursday as investors continue to seek direction with US markets closed.

ASX closes 0.62% lower: Australia's manufacturing activity continues to slow

23 Nov 2023 - In November, Australian manufacturing activity continued to decline, with the flash composite output index dropping to 46.4, marking its lowest level in eight years, …

Afternoon update: ASX down 0.62% after OPEC+ postpones meeting

23 Nov 2023 - Today's theme is all about the fall in energy stocks due to the falling price of crude oil. The falling prices are a result of disagreements within OPEC+ causing a de…

ASX down 0.52% as Energy stocks fall

23 Nov 2023 - Aus. energy stocks are trading in the red due to the postponement of an OPEC meeting to later next week, dampening hopes of the cartel tightening its supplies.

Stocks rise as yields hit lowest level in two months

23 Nov 2023 - Stocks rose Wednesday after yields briefly fell to their lowest level in two months, and the November market rally broadened into the Thanksgiving holiday.

ASX closes 0.07% lower ahead of Thanksgiving

22 Nov 2023 - Australia's stock markets remained stable ahead of the Thanksgiving Day holidays in the United States.

Afternoon update: ASX down 0.12% driven by sell-off in Tech

22 Nov 2023 - The S&P/ASX 200 is trading 0.12 per cent lower at 7,069.50.

ASX up 0.07% at noon as Tech trails behind

22 Nov 2023 - Australian shares are currently trading higher, with strong gains in mining stocks and utilities helping offset a fall in tech stocks following results from chipmaker…

The Fed's meeting minutes gives no sign of interest rate cuts

22 Nov 2023 - Stocks were down Tuesday as traders assessed the latest Federal Reserve meeting minutes, where officials gave no indication of interest rate cuts.

ASX closes 0.3% higher following strong performances from mining giants

21 Nov 2023 - The Australian sharemarket saw gains driven by mining stocks and rising iron ore prices due to China's additional stimulus measures.

Afternoon update: ASX trading 0.33% higher as iron ore prices lift

21 Nov 2023 - The S&P/ASX 200 is trading 0.33 per cent higher at 7,082.

ASX up 0.21% following Wall Street's positive performance

21 Nov 2023 - Australian stock markets commenced the day with upward momentum, mirroring the positive trend seen on Wall Street. This surge was primarily attributed to Microsoft's …

Gains by Nvidia and Microsoft boost US markets

21 Nov 2023 - Stocks jumped Monday to start a holiday shortened week, boosted by strong tech gains led by Microsoft and Nvidia.

Energy stocks carry ASX 0.01% higher at close

20 Nov 2023 - On Monday, energy stocks were the primary drivers of ASX's upward movement, despite a generally uneventful start to the week.

Afternoon update: ASX up 0.17% as energy outperforms

20 Nov 2023 - The S&P/ASX 200 is trading 0.17 per cent higher at 7,061.10.

ASX up 0.17% at noon as oil prices surge

20 Nov 2023 - Global energy stocks, particularly in the ASX, have surged, with the energy sector being the top performer among the ASX's 11 sectors, boosted by rising oil prices, i…

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