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Tech and Financials drag ASX: Aus shares close 0.5% lower

13 Mar 2023 - On Monday, the S&P/ASX 200 decreased by 0.5 per cent, or 35.9 points, to 7108.8 due to losses in the financials and technology sectors.

ASX down 0.61% at noon as the SVB saga continues

13 Mar 2023 - The collapse of Silicon Valley Bank has caused concern in the US banking and technology industries, reminding investors of the risks they had ignored. Bank stocks hav…

Bank crisis spooks markets

13 Mar 2023 - Stocks tumbled Friday as tech-focused lender Silicon Valley Bank shut down following losses in its bond portfolio, prompting the biggest bank failure since the global…

ASX closed 2.28% lower due to a sell-off in US stocks

10 Mar 2023 - On Friday, Australian shares experienced a 2.28 per cent decline due to a sell-off in US bank stocks, which triggered concerns about the solvency of Silicon Valley Ba…

Overnight losses in the US cause ASX to fall 1.65% at noon

10 Mar 2023 - Overnight, the S&P 500, Nasdaq Composite Index, and Dow Jones Industrial Average all closed lower by 1.9 per cent, 2.1 per cent, and 1.7 per cent, respectively, on Wa…

Stock sale from SVB Financial drags US stocks lower

10 Mar 2023 - Stocks accelerated losses in the final hour of trading Thursday as banks and other financials sold off, and investors braced for a key payroll report Friday that coul…

Big gains from tech and consumer discretionary boost ASX 0.05% higher

09 Mar 2023 - Australian shares remained resilient to ex-dividend falls in major companies, including BHP (ASX:BHP), Rio Tinto (ASX:RIO), and CSL (ASX:CSL), as most sectors rose af…

Information Technology lifts ASX 0.1% at noon

09 Mar 2023 - Information Technology has boosted the S&P/ASX 200 0.1 per cent higher at 7311.3 at noon. The reason for this was the announcement from Xero (ASX:XRO), outlining that…

US stocks mixed as fresh job market supports Powell's comments

09 Mar 2023 - The Dow finished slightly lower Wednesday as the market fought to overcome Tuesday’s selloff, spurred by comments from Federal Reserve Chairman Jerome Powell hinting …

Energy and mining stocks drive ASX down: Aus shares close 0.77% lower

08 Mar 2023 - Australian shares decreased by 0.77 per cent to 7,307.80, driven by losses in energy and mining sectors.

ASX down 0.73% at noon as Powell's comments causes US stocks to suffer

08 Mar 2023 - Overnight, Fed Chair Jerome Powell hinted that interest rates may need to be raised for a longer duration, leading to concerns that there may be a larger increase in …

US stocks get rocked after Powell's comments

08 Mar 2023 - Stocks sold off sharply Tuesday after comments from Federal Reserve Chair Jerome Powell suggested that rates may need to go higher for longer, fueling fears of a pote…

ASX closes 0.49% higher as RBA lifts rates by 25 basis points

07 Mar 2023 - At its monthly board meeting today, the RBA board raised the rates by 0.25 percentage points to 3.6 per cent.

ASX down 0.12% at noon as investors await RBA's decision

07 Mar 2023 - Australia's share market is trading slightly weaker ahead of the Reserve Bank of Australia's decision. At noon, the S&P/ASX 200 is 0.12 per cent lower at 7,319.90. T…

S&P 500 closed slightly higher as investors await several big macro events

07 Mar 2023 - The S&P 500 rose slightly overnight, fighting to hold onto last week’s gains as bond yields inched higher and investors braced for a busy week of economic news.

Havoc for rare earths companies following Tesla decision: ASX closes 0.6% higher

06 Mar 2023 - On Monday, the share market closed 0.62 per cent higher at 7,328.60, led by the tech, financials, and real estate sectors, while Lynas (ASX:LYC) was the worst perform…

Tech's big gains lift ASX 0.5% at noon

06 Mar 2023 - At lunchtime, shares have risen by 0.53 per cent to 7,322.20. The tech sector is leading the way with a 2.6 per cent increase as bond yields fall.

Major US indexes finish higher Friday to close out first winning week in four

06 Mar 2023 - Stocks rose Friday as Treasury yields eased from their recent highs and investors weighed the cumulative impact from Fed hikes already implemented and digested last w…

ASX closes 0.4% higher, but ends week 0.3% lower

03 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.39 per cent higher at 7,283.60, supported by gains in mining and energy stocks, which were boosted by hopes of increased de…

ASX 0.3% higher at noon after big gains from US stocks overnight

03 Mar 2023 - A day after the release of the decreasing housing approvals, new owner-occupier first home loan commitments in Australia dropped by 8.1 per cent to the lowest level s…

US stocks rise: Tesla's investor presentation disappoints

03 Mar 2023 - Stocks rose Thursday in an afternoon rally as traders tried to shake off concerns over higher interest rates.

Energy and Materials help boost ASX 0.05% higher

02 Mar 2023 - All sectors except for Energy and Materials closed lower in today’s trading session. However, big gains in these sectors helped the S&P/ASX 200 close 0.05 per cent hi…

S&P 500 closes lower as investors digest Feb's losses

02 Mar 2023 - The S&P 500 fell overnight, as traders struggled to recover their footing following a losing month and that bond yields have continued their climb. The moves came as …

ASX closes 0.1% lower on same day GDP data released

01 Mar 2023 - Following weaker than expected GDP data, the S&P/ASX 200 Index closed the day down by 0.1 per cent at 7251.6 points.

ASX down 0.12% at noon as CPI and GDP decrease from prior month

01 Mar 2023 - The Consumer Price Index (CPI) for January showed a 7.4 per cent increase compared to the same time last year, which is lower than the 8.4 per cent increase in Decemb…

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