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Aus dollar weaker: ASX down 0.14% at noon

12 May 2023 - The Australian dollar experienced a decline due to a "risk-off" sentiment in the market. Concerns about the US banking sector and signs of weakness in both the US and…

Economic data points to a slowing US economy

12 May 2023 - Equity markets fell overnight with economic data supporting the narrative that rate rises are starting to slow the US economy.

IT leads: ASX closes 0.05 per cent lower

11 May 2023 - At the closing bell, the S&P/ASX 200 was 0.05 per cent lower at 7,251.90. The utilities sector experienced losses, which offset the gains made by information technolo…

ASX down 0.19% at noon despite strong results overnight in the US

11 May 2023 - At noon, the S&P/ASX 200 is 0.19% lower at 7,241.90. At the beginning of the session, the dollar stood at approximately 67.90 cents against the US currency.

Indexes mixed as CPI data for April is released

11 May 2023 - A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that the cost of living will head lower later this yea…

ASX falls 0.12% as financials sector suffers

10 May 2023 - The S&P/ASX 200 fell 0.12 per cent to 7255.7 on Wednesday, weighed down by losses across the financials sector.

ASX drops 0.22% after last night's budget

10 May 2023 - The Albanase government announced the budget last night. The winners in the federal budget include low-income earners, JobSeeker recipients, small businesses, renters…

Major indexes lower as investors await key inflation reports

10 May 2023 - Stocks closed lower Tuesday as investors readied for key inflation reports due later in the week and progress on the US debt limit.

REITs weigh on the ASX: Aus shares close 0.17% lower

09 May 2023 - At the closing bell, the S&P/ASX 200 was 0.17 per cent lower at 7,264.10, with real estate stocks weighing down the market.

Aus retail sales declined in line with expectations: ASX down 0.27% at noon

09 May 2023 - Australia's retail sales volume in the March quarter declined by 0.6%, in line with expectations, marking the second consecutive quarterly decrease, attributed to ong…

Markets flat as debt ceiling looms

09 May 2023 - The S&P 500 closed near the flat line on Monday as investors looked ahead to pivotal inflation readings.

Energy, Materials, Tech lead: ASX closes 0.74% higher

08 May 2023 - Australian shares experienced their most significant increase in four weeks following a surge in the US market due to short covering in banks. This occurred despite a…

Lithium markets reached a turning point: ASX up 0.6% at noon

08 May 2023 - At noon, the S&P/ASX 200 is 0.60 per cent higher at 7,263.40 following strong results from the US markets on Friday. US stocks experienced a surge as regional bank sh…

Stocks surge on Apple earnings: Short squeeze bolsters US regional banks

08 May 2023 - Stocks popped on Friday as regional bank shares climbed off their lows and market-darling Apple jumped after posting better-than-expected quarterly earnings.

ASX closes 0.4% higher as US futures rise

05 May 2023 - The S&P/ASX 200 index finished 0.4 per cent higher at 7,220 points as a result of the rise in US futures due to Apple's better-than-expected results. This gain in the…

Results from Macquarie & ANZ: ASX 0.11% higher

05 May 2023 - At noon, the S&P/ASX 200 is 0.11% higher at 7,200.80. Macquarie Group (ASX:MQG) reported a record profit of $5.18 billion for the year ending March 31, up 10% from th…

US regional banks continue to tumble amid ongoing crisis

05 May 2023 - Stocks declined Thursday, as contagion fears in the regional bank space were reignited.

Banks stocks drag ASX: Aus shares close 0.06% lower

04 May 2023 - At the closing bell, the S&P/ASX 200 was 0.06 per cent lower at 7,193.10, mainly impacted by bank stocks due to the US regional bank sell-off affecting consumer senti…

ASX falls 0.28% at noon to five-week intraday low

04 May 2023 - Australian shares experienced a sharp intraday fall, with the S&P/ASX 200 index dropping as low as 0.8 per cent to a five-week intraday low of 7147 points. However, t…

US markets react to the Fed raising rates by 25bp

04 May 2023 - Stocks fell Wednesday after the Federal Reserve raised rates by 25 basis points, as was widely expected. Its tenth consecutive increase in just over a year.

Energy sector falls: Aus shares close 0.96% lower

03 May 2023 - At the closing bell, the S&P/ASX 200 was 0.96 per cent lower at 7,197.40, due to a broad decrease, with energy and financial sectors leading the decline after the RBA…

Fracking in NT gets approved: ASX down 1.04% at noon

03 May 2023 - At midday, the S&P/ASX 200 is 1.04 per cent lower at 7,191.70, due to a drop in energy and financial stocks following a sell-off by US banks and a decrease in crude o…

Markets lower as hedge funds ramp up short selling of regional banks

03 May 2023 - Stocks tumbled on Tuesday as traders’ fears around contagion in the regional banking sector returned ahead of the Federal Reserve’s rate decision.

ASX closes 1.2% lower as RBA hikes rates by 25 basis points

02 May 2023 - Following the Reserve Bank's decision to raise the cash rate to 3.85 per cent, the S&P/ASX 200 closed 0.92 per cent lower at 7,267.40, with losses exceeding 1 per cen…

Qantas hires a new CEO: ASX down 0.22% at noon

02 May 2023 - At noon, the S&P/ASX 200 is 0.22 per cent lower at 7,318.50, due to weakness in the industrials and consumer staples sectors. Qantas shares (ASX:QAN) were among the d…

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