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Market Reports

Nasdaq gains as Nvidia pops ahead of earnings report

22 Aug 2023 - The Nasdaq Composite snapped a four-day losing streak on Monday, even as Treasury yields reached levels not seen in over a decade.

ASX closes 0.46% lower as Consumer Staples falls

21 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.46 per cent lower at 7,115.50.

Afternoon update: ASX dips 0.11%, Allkem shines, Global markets mixed

21 Aug 2023 - The S&P/ASX 200 index is currently trading 0.11 per cent lower at a value of 7,140.20. The SPI futures are down by 14 points.

ASX down 0.16% at noon as China lowers loan prime rate

21 Aug 2023 - At noon, the S&P/ASX 200 is 0.16 per cent lower at 7,136.50. Australia's stock market is down in response China's central bank's decision to establish the one-year lo…

Dow records worst weekly performance since March

21 Aug 2023 - Stocks closed Friday's session with weekly losses, as Wall Street's August struggles continue.

ASX up 0.17% at noon as oil prices suffer first weekly decline since June

18 Aug 2023 - At noon, the S&P/ASX 200 is 0.17 per cent higher at 7,158.00. Oil prices are set to experience their first weekly decline since June due to a combination of concerns …

US stocks slide as investors assess jobs data and new earnings

18 Aug 2023 - Stocks slid for a third session on Thursday as investors digested the latest round of earnings and economic data.

ASX closes 0.68% lower as worries continue of China's economy

17 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.68 per cent lower at 7,146.00.

ASX down 1.18% at noon: Australia's unemployment rises 3.7% in July

17 Aug 2023 - At noon, the S&P/ASX 200 is 1.18 per cent lower at 7,110.30. Australia’s unemployment rate has risen to 3.7 per cent in July. The workforce experienced a reduction of…

Stocks fall for a 2nd consecutive day as investors assess the Fed's July meeting

17 Aug 2023 - Stocks fell Wednesday as investors digested a summary of the Federal Reserve’s July meeting, which hinted at potentially higher rates.

ASX closes 1.5% lower as Tech falls by 2.93%

16 Aug 2023 - On Wednesday, the ASX experienced a significant drop in response to a global sell-off that took place overnight. At the closing bell, the S&P/ASX 200 was 1.5 per cent…

ASX down 1.31% as China's deflation concerns spooks investors

16 Aug 2023 - China's shift towards deflation is causing concern in financial markets, yet some money managers suggest potential positive outcomes, as lower prices stemming from Ch…

Stocks suffer as China's data figures disappoint

16 Aug 2023 - Stocks fell Tuesday as concern over the state of the economy - China in particular - and a decline in US banks combined to pressure Wall Street.

ASX closes 0.4% higher as gold price hits five-month low

15 Aug 2023 - The price of gold has dropped to a five-month low due to improved expectations of a gentle economic slowdown in the US and a series of disappointing economic indicato…

Afternoon update: ASX 0.53% higher, China unexpectedly cuts rates

15 Aug 2023 - The S&P/ASX 200 index is currently trading 0.53 per cent higher at 7,315.80. Wages have seen a 0.8 per cent increase, falling short of the anticipated 0.9 per cent gr…

ASX up 0.63% at noon as wage growth comes in lower than expected

15 Aug 2023 - The Australian dollar experienced a decrease in value following the release of second quarter wages data that fell short of expectations. This development strengthens…

Chip stocks rebound to lift the Nasdaq and S&P500

15 Aug 2023 - The S&P500 and the Nasdaq Composite rose Monday lifted by a rebound in chip stocks and tech names.

ASX closes 0.86% lower as renewed China worries impact mining stocks

14 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.86 per cent lower at 7,277.

Afternoon update: ASX down 0.92%, Further earnings results released

14 Aug 2023 - The S&P/ASX 200 index is currently down 0.92 per cent, with the value at 7,272.80 points. The SPI futures have dropped by 73 points.

ASX down 0.46% at noon as AUD tumbles to two month low

14 Aug 2023 - At noon, the S&P/ASX 200 is 0.46 per cent lower at 7,306.30. The Australian dollar's value fell by 0.3% to US64.75¢, marking a two-month low. This decline follows a m…

Selloff in semiconductor stocks causes Nasdaq to slip

14 Aug 2023 - The Nasdaq Composite ended Friday lower and notched its second consecutive losing week in 2023 as semiconductor stocks languished.

ASX down 0.13% at noon: Investors process a series of corporate earnings

11 Aug 2023 - At noon, the S&P/ASX 200 is 0.13 per cent lower at 7,347.80. Investors are processing a series of corporate earnings reports. The market was impacted by a decline in …

July CPI data comes in lower than expected on an annual basis

11 Aug 2023 - The Dow Jones Industrial Average edged higher Thursday, after the July consumer prices gained 3.2 per cent on an annual basis, less than the 3.3 per cent consensus fr…

ASX closes 0.26% higher driven by Energy sector

10 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.26 per cent higher at 7,357.40.

Afternoon update: ASX 0.12% higher, Lake Resources to give update on Kachi

10 Aug 2023 - The S&P/ASX 200 is trading 0.12 per cent higher at 7,346.70. The SPI futures have risen by 11 points.

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