Finance News Network

Market Reports

Grim start to last trading day for the week: ASX down 0.8%

21 Oct 2022 - Energy and Information Technology are the only sectors up at noon, as the ASX looks to close out a pretty moderate week. The energy sector got a boost from Whitehaven…

Retail investors switching to cash: Tesla under pressure

21 Oct 2022 - Stocks fell in choppy trading on Thursday as investors weighed several key earnings reports and kept an eye on the bond market, where Treasury yields continue to clim…

Two-day winning streak over: ASX closes down 1.02%

20 Oct 2022 - Local markets halted a two-day winning streak today and not even the energy sector could lift the S&P/ASX 200, which closed 1.02 per cent or 69.40 points lower at 6,7…

Jobs data misses predictions: Aus shares 1% lower at noon

20 Oct 2022 - The two-day rally for US equities came to an abrupt end and bond yields soared as hawkish comments from Fed officials and another round of strong earnings reports rai…

Biden awards US$2.8b for EV battery production: Novonix (ASX:NVX) allocated US$150m

20 Oct 2022 - Stocks moved lower on Wednesday as Wall Street struggled to extend its rally, amid a sharp rise in Treasury yields. The big news overnight was the awarding of US$2.8b…

More quarterlies released: ASX finishes marginally in the green for a second straight day

19 Oct 2022 - The ASX closed the day slightly higher as more companies are starting to release their quarterly reports. Overall, at the closing bell, the S&P/ASX 200 was 0.31 per c…

ASX pushes higher for second straight day: Aus shares up 0.37% at lunch

19 Oct 2022 - The local market is marginally higher this morning, with Materials and Energy dragging down the benchmark, and all other sectors in the green. At noon, the S&P/ASX 20…

US earnings giving markets confidence: Nasdaq futures +2% post Netflix results

19 Oct 2022 - US equities finished higher in Tuesday trading, with major indices fading off early strength before firming into a choppier afternoon. The optimism comes after 3Q and…

Energy only sector lagging: ASX closes 1.72% higher

18 Oct 2022 - The ASX has continued rising since lunchtime. At the closing bell, the S&P/ASX 200 was 1.72 per cent or 114.80 points higher at 6779.20.

Local market erases yesterday's losses: ASX up 1.39% at lunch

18 Oct 2022 - Strong bank earnings overnight helped to boost US markets and have lifted the local market in early trade. At noon, the S&P/ASX 200 is 1.39 per cent or 92.60 points h…

Markets rally on US corporate earnings: UK government changes course on tax cuts

18 Oct 2022 - US equities finished sharply higher in Monday trading, ending near best levels and more than erasing Friday's slide. Across the sectors, bank earnings continued to hi…

Red start to week: ASX closes 1.4% lower

17 Oct 2022 - At the closing bell, the S&P/ASX 200 was 1.40 per cent or 94.40 points lower at 6664.40. All sectors closed in the red. Iron ore futures prices have fallen to their l…

Global recession fears weigh in: ASX down 1.6% at noon

17 Oct 2022 - US stocks closed the previous week lower after a University of Michigan survey showed inflation expectations were increasing. This rattled markets as equities sold of…

Inflation data too strong for equity markets to maintain any momentum

17 Oct 2022 - Stocks slumped Friday, capping off a volatile week of trading, a day after posting a historic turnaround rally. Early gains were erased following the Michigan consume…

After a wild night of US trading, all ASX sectors are in the green at noon

14 Oct 2022 - Overnight, US inflation hit a 40-year high, solidifying a huge rise in another interest rate hike. However, surprisingly, the markets rallied to recover the losses. I…

US equity markets surge off lows despite higher than expected inflation data

14 Oct 2022 - US equities finished higher in Thursday trading, near best levels after reversing a big decline from right after the open - this included the Dow Jones surging 1,500 …

Financials not enough to keep ASX in the green: Aus shares close 0.07% lower

13 Oct 2022 - It was a tumultuous day of trading. There was a peak of near 1 per cent high at lunchtime. However, pessimism surrounded the upcoming US CPI data. At the closing bell…

Financials keeping the local market in the green: ASX up 0.51% at noon

13 Oct 2022 - Financials have been keeping the ASX in positive territory in today’s session, following improved sentiment for financial stocks after the Bank of Queensland (ASX:BOQ…

Markets flat ahead of CPI inflation data: Iron ore price impacted by China's property woes

13 Oct 2022 - US equities ended mostly lower in somewhat directionless Wednesday trading. The S&P 500 fell Wednesday, notching a sixth consecutive daily loss and hitting the lowest…

Financials steals the show: Aus shares close 0.04% higher

12 Oct 2022 - The ASX is up, snapping a 3-day losing streak. The stars of the day were Financials and Coal Miners.

Markets up despite dire predictions from the International Monetary Fund: Aus shares 0.2% higher

12 Oct 2022 - Overnight, the International Monetary Fund gave harsh predictions, warning a third of the global economy will be in recession next year. Following on from this, the A…

Market delicately poised ahead of key inflation data: RIO buys into critical minerals

12 Oct 2022 - US stocks fell Tuesday, reversing earlier gains as investors looked ahead to key inflation data and earnings out later in the week. Tonight, the producer price report…

Almost all sectors in the red, as ASX continues its woes: Aus shares close 0.34% lower

11 Oct 2022 - The ASX kept sliding from lunch time, falling by a total of 0.34 per cent or 22.80 points, to close the day at 6645.00. Banks continued to give their valuations on th…

ASX up 0.36 per cent at lunch despite negative lead from Wall Street

11 Oct 2022 - Local markets are surprisingly trading in the green this morning, despite US stocks declining overnight. The sectors are mixed, with the uptick led by Materials and E…

Semiconductors weigh on Nasdaq: All eyes on US reporting season

11 Oct 2022 - Stocks declined on Monday with the Nasdaq Composite index falling to the lowest level in two years as tech shares, which are sensitive to interest rate hikes, continu…

Prior Page Next Page