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Market Reports

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.

All sectors lower: ASX down 0.74% at noon

20 Dec 2022 - The ASX is currently sitting at a 5-week low, amidst many large international central banks' plans to remain firm on continuing their plans to slow down inflation. Th…

Markets fall on recession fears as Musk votes himself out of Twitter

20 Dec 2022 - Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Federal Reserve, European Central Bank and the Bank …

Oil advances whilst the ASX finishes lower: Aus shares down 0.21%

19 Dec 2022 - The price of oil has opened higher to start the week after China has pledged to abandon their zero-COVID policy and the US has stated that it will begin replenishing …

US recession fears: ASX down 0.2% at noon

19 Dec 2022 - US markets fell lower over the weekend, with the Federal Reserve's continual rising of interest rates adding to fears that a recession is coming.

Persistent wage inflation sparks fears of recession

19 Dec 2022 - Stocks dropped Friday, building on their year-end sell-off, as fears grow over a recession taking place as the Federal Reserve continues raising rates. Market observe…

ASX 0.66% lower at noon after a tumultuous week of trading

16 Dec 2022 - All sectors, besides Energy and Materials are lower. The he S&P/ASX 200 is 0.66 per cent or 48 points lower at 7,157.00.

Retail sales point to recession fears: Goldman Sachs expects commodities to outperform

16 Dec 2022 - Stocks fell sharply Thursday after new data showed retail sales fell more than expected in November, raising fears that the Federal Reserve’s relentless interest rate…

Lithium stocks dive: ASX closes 0.64% lower

15 Dec 2022 - The overnight Federal Reserve interest rate hike, coupled with peak lithium prices, have created a sell-off in the lithium sector.

ASX falls following the Fed's rate hike: ASX down 0.2% at noon

15 Dec 2022 - Overnight, The Federal Reserve has raised interest rates by 0.5 per cent to its highest level in 15 years, highlighting that the fight against inflation is not over d…

Markets slid as Rio Tinto targets lithium

15 Dec 2022 - Stocks slid Wednesday as the Fed delivered a widely-anticipated 50 basis point rate hike at the conclusion of its December policy meeting. And Tesla shareholders are …

All sectors close higher: ASX up 0.67%

14 Dec 2022 - Utilities, Information Technology, and Energy were today’s stars of the show, as the S&P/ASX 200 finished 0.67 per cent or 48 points higher at 7,251.30.

ASX opens higher after falling inflation data: ASX up 0.03% at noon

14 Dec 2022 - The US consumer price inflation data was released in the US overnight, with results showing that inflation has eased more than expected in November to its lowest poin…

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