Finance News Network

Market Reports

ASX rebounds from earlier losses to gain 0.06% at close

20 Feb 2023 - At the closing bell, the S&P/ASX 200 was 0.06 per cent higher at 7,351.50, on the back of a strong performance from big banks, which closed almost 1 per cent higher.

ASX down 0.15% at lunchtime as it falls to a 5-month low

20 Feb 2023 - ASX is 0.15% lower at noon, weighed down by Energy and Real Estate stocks. On the other end, Financials is the biggest winner, as the majority of the big banks are al…

US markets were mixed as investors digest a rebound in interest rates

20 Feb 2023 - US stocks were mixed on Friday as stubbornly high inflation and a rebound in rates continued to weigh on investor sentiment. The recent strong economic/inflation data…

Another weekly loss: Aus shares close 0.68% lower

17 Feb 2023 - The ASX suffered more losses following on from lunchtime, closing 0.86 per cent lower at 7,346.80.

ASX down 0.58% after disappointing PPI figures from the US

17 Feb 2023 - Only Consumer Staples and Utilities are trading positive at noon, as the S&P/ASX 200 is 0.58 per cent lower at 7,367.60 at noon. In addition, The Producer Price Index…

US stocks fall on PPI data, lithium deal affects ASX's Sayona Mining

17 Feb 2023 - Stocks fell Thursday after another hot inflation report, and a decline in jobless claims, showed the economy is holding up amid the Federal Reserve’s rate hikes. The …

Big moves by key sectors lift ASX 0.79% higher at close

16 Feb 2023 - ANZ has increased its forecast for the Reserve Bank cash rate to 4.1 per cent for May due to inflation pressures. It believes the cash rate will remain in restrictive…

ASX up 0.76% at noon as the Australian economy loses fewer jobs than anticipated

16 Feb 2023 - The ASX has responded strongly to the overnight news that US investors have mulled stronger-than-expected retail sales and the latest US inflation data. In addition, …

US stocks boosted as investors digest stronger-than-expected retail sales data

16 Feb 2023 - Stocks ticked higher Wednesday as traders mulled stronger-than-expected retail sales along with the latest US inflation data. Later this week, traders will also be li…

Late upswing not enough to recoup earlier losses: ASX closes 1.1% lower

15 Feb 2023 - Sectors were mostly lower, with Financials falling even further since noon, to close down more by 3.4 per cent. Utilities closed higher 1.1 per cent higher, following…

ASX down 0.91% at noon following US CPI data

15 Feb 2023 - The ASX 200 headed directly downward from the open, after overnight news that CPI data came in higher than expected. At noon, the S&P/ASX 200 is 0.91 per cent lower a…

S&P 500 falls after higher-than-expected CPI data

15 Feb 2023 - Stocks wavered Tuesday and the Dow fell, reversing earlier gains, after the January consumer price index report showed that inflation grew at a higher-than-expected 6…

ASX closes 0.18% higher ahead of Wall Streets CPI data

14 Feb 2023 - Blurb

Healthcare pushes ASX 0.4% higher at noon

14 Feb 2023 - On the back of gains from Communication Services, Information Technology and Healthcare, at noon, the S&P/ASX 200 is 0.40% higher at 7,447.3.

Markets rise as Super Bowl advertisements highlight changing market dynamics

14 Feb 2023 - Stocks rose Monday as traders looked ahead to Tuesday’s key inflation report, regaining their footing after the S&P 500 and Nasdaq Composite suffered their worst week…

Energy's efforts are not enough to lift the ASX

13 Feb 2023 - The ASX 200 index fell by 0.2 per cent to 7417.8 today, due to a decrease in the consumer discretionary sector. However, Energy closed 1.78 per cent higher as Russia …

ASX opens lower following the S&P500's worst week in 2 months

13 Feb 2023 - So far, the energy sector is showing the strongest performance, driven by a surge in oil prices following Russia's announcement to decrease its daily oil production b…

S&P 500 closes worst week in two months: All eyes await January's CPI data

13 Feb 2023 - The S&P 500 eked out a narrow gain in Friday’s session but still had the worst week in nearly two months. Investors digested the most recent interest rate hike, econo…

ASX closes 0.8% lower as UBS lift their cash rate peak forecast

10 Feb 2023 - UBS Chief Economist George Tharenou has revised his peak cash rate forecast to 3.85 per cent in mid-2023, up from a previous forecast of 3.35 per cent in mid-February…

ASX down despite RBA comments that inflation has likely peaked

10 Feb 2023 - The Reserve Bank of Australia has revised its inflation forecasts, stating that the rapidly rising prices in the country have probably peaked. The central bank upgrad…

US stocks weighed down by poor performances from Alphabet and Meta

10 Feb 2023 - Stocks fell Thursday, giving up early advances as concerns over the Federal Reserve's future moves on monetary policy offset excitement around the latest batch of cor…

Aus dollar increases: ASX closes 0.53% lower

09 Feb 2023 - The Australian dollar has increased by 0.5 per cent due to improved investor sentiment and speculation about a possible interest rate cut by the Chinese central bank.…

The ASX declines by 0.2% at noon amid concerns that recession is looming in the US

09 Feb 2023 - Australia's share market trimmed most of its early decline as US futures slightly rose. The S&P/ASX 200 index decreased by 0.2% at 7512 around midday, after initially…

US stocks fall after the release of more corporate earnings

09 Feb 2023 - US stocks slid Wednesday as investors returned focus to the latest batch of corporate earnings. Wall Street also continued to weigh the outlook for future Federal Res…

Sectors mixed as ASX edges 0.35% higher

08 Feb 2023 - Financials and Materials led the pack, whilst Consumer Staples and Healthcare were today’s laggards.

Prior Page Next Page