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ASX rallies while iron ore falls: Aus shares close 0.8% higher

16 Jan 2023 - Iron ore is about to record its biggest daily drop in almost three months. This follows news that Chinese authorities will tighten supervision of pricing, after iron …

ASX hits nine-month high: Aus shares up 0.8% at noon

16 Jan 2023 - At just past 11.30am, the ASX soared 1 per cent to its highest level since April. Since then, it has slightly settled down, however is still up 0.8 per cent at 7,389 …

US stocks rose on Friday as inflation is looking to cool in 2023

16 Jan 2023 - Stocks rose on Friday as investors digested bank earnings and bet inflation would ease in 2023. All of the major indexes fought their way into the green after beginni…

Fall in US consumer price index causes ASX to open higher: AUS shares up 0.94% at noon

13 Jan 2023 - All sectors, except for Consumer Staples, are up at noon, as the ASX responds to overnight news that December’s US consumer price report shows that inflation has fall…

US stocks rise after a fall in consumer price data

13 Jan 2023 - US stocks advanced Thursday after December’s consumer price report showed inflation cooled for the month, raising hopes the Federal Reserve can once again slow intere…

Mining stocks get a boost: ASX closes 1.2% higher

12 Jan 2023 - A large number of Australian mining companies are near all-time highs as China’s reopening boosts demand within the energy and materials sector.

ASX rallies on the back of expected US inflation data: Aus shares up 1.06% at noon

12 Jan 2023 - All sectors, except for Utilities, have opened higher today, ahead of tomorrow’s release of the US consumer price index data. Analysts are expecting the CPI data to c…

All US sectors rally ahead of optimistic CPI data

12 Jan 2023 - US stocks rose Wednesday as investors grew increasingly confident Thursday’s consumer price index will show cooling inflation and signal to the Federal Reserve that p…

Utilities the only sector trailing: ASX closes 0.9% higher

11 Jan 2023 - At the closing bell, the S&P/ASX 200 closed 0.9 per cent higher at 7,195.30. Real Estate, Materials, and Communication Services were the stars of the day, whilst Util…

Positive open despite higher-than-expected inflation data: ASX up 0.66% at noon

11 Jan 2023 - The data released shows that Australia’s monthly inflation data for November has reached 7.3 per cent, which is above the consensus forecasts and ANZ Bank’s forecast …

US stocks close higher as investors await inflation and earnings data

11 Jan 2023 - US stocks advanced last night as investors continued building on the new year’s early rally while awaiting economic data and corporate earnings coming later in the we…

ASX suffers first loss in four sessions: Aus shares close 0.32% lower

10 Jan 2023 - At the closing bell, the S&P/ASX 200 was 0.32 per cent or 23 points lower at 7,128.30. Only Communication Services and Consumer Discretionary were able to finish high…

Almost all sectors lower, despite signs of optimism in the US: ASX down 0.3% at noon

10 Jan 2023 - At noon, the S&P/ASX 200 is 0.32 per cent or 23 points lower at 7,128.40. This is due to the fact that the Federal Reserve dismantled any hope that Friday's jobs repo…

Tech stocks lift in hopes that inflation may be easing

10 Jan 2023 - Gains in technology helped the Nasdaq Composite skirt losses on Monday as traders added to bets that inflation may be easing. The Nasdaq was the only major index to e…

ASX hits fourth consecutive gain: Aus shares close 0.59% higher

09 Jan 2023 - Healthcare and Information Technology were the only sectors lagging in today's session, whilst Energy and Real Estate led the day.

Overnight signs that US inflation is easing: Aus shares 1% higher at noon

09 Jan 2023 - At noon, all sectors across the ASX are higher, after the release of the December jobs report data, as well as an economic activity survey. Both are signalling that t…

US stocks provide first big rally of 2023 after signs that inflation will ease

09 Jan 2023 - US stocks advanced on Friday, after the December jobs report and an economic activity survey showed signs that inflation may be cooling, signalling that the Federal R…

Merry Christmas and Happy New Year!

23 Dec 2022 - Merry Christmas and Happy New Year from everyone at Finance News Network.

Materials the only sector lagging: ASX closes 0.5% higher

22 Dec 2022 - The ASX has rallied for a second straight day, closing 0.53 per cent or 37 points higher at 7,152.50.

ASX jumps higher following US consumer confidence data: Aus shares up 0.53% at noon

22 Dec 2022 - Overnight, US consumer confidence data for December revealed the highest level since April. As a result, at noon, the S&P/ASX 200 is 0.53 per cent or 37.69 points hig…

US stocks rally on better than expected consumer confidence data

22 Dec 2022 - Stocks jumped Wednesday, rising for a second day, after upbeat earnings reports from two bellwethers raised hopes that corporate earnings may be better than feared ev…

Most sectors in the green: ASX closes 1.29% higher

21 Dec 2022 - The ASX has rebounded sharply following yesterday’s gains. The stars of the day were Real Estate, Utilities, Energy and Materials, all closing up by more than 2 per c…

ASX bounces back after a five-week low: Aus shares 1.42% higher at noon

21 Dec 2022 - At noon, the S&P/ASX 200 is 1.42 per cent or 99.50 points higher at 7,123.80. The news comes after stocks rose overnight on Wall Street, after the US markets were abl…

Markets flat but trillion dollar losses for 5 tech stocks this year

21 Dec 2022 - Stocks rose Tuesday as Wall Street shook off a surprise move from the Bank of Japan that sent global bond yields up. It’s been a rough year for stocks, from the marke…

ASX falls to a five-week low: Aus shares close 1.47% lower

20 Dec 2022 - The ASX has fallen 1.47 per cent or 105 points at the closing bell, coinciding with surprising news coming out of Japan.

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