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Market surges to a five-month high after a shaky week: ASX up 2.68% at noon

11 Nov 2022 - The ASX has opened to a five-month high, as Information Technology surged by almost 5 per cent. Real Estate was the next best sector, closely followed by Consumer Dis…

Markets fly after CPI data: Crypto industry on the precipice

11 Nov 2022 - Stocks surged after October’s reading of consumer prices raised investor hopes that inflation has peaked.With today’s CPI number coming down, the market is now bettin…

The winning streak is over: ASX down 0.5% at close

10 Nov 2022 - Not even Utilities' mammoth efforts were enough to lift the ASX into the green, as the market finished the day 0.5 per cent lower.

Utilities holding up the market: ASX down 0.33% at noon

10 Nov 2022 - The Australian market has followed the negative lead from Wall Street overnight which saw US markets snapping their three-day rally, as investors digested the incomin…

US midterm election results hit markets as the red wave fails to materialise

10 Nov 2022 - All eyes were on the midterm US election results overnight as Joe Biden and the Democrats have avoided sweeping defeats but still risk losing control of Congress to t…

ASX at highest point since mid-September: Aus shares close up 0.58%

09 Nov 2022 - The Materials sector continued its impressive surge from lunchtime, closing 2.47 per cent higher. The next best sector was Real Estate, which finished 1.38 per cent h…

Mixed results for all sectors: ASX up 0.73% at lunch

09 Nov 2022 - The ASX opened slightly higher on gains from the US overnight. US markets finished higher as investors liked the idea of a divided government, because it will result …

US midterm elections results raise hope for an extended market rally: Crypto smashed

09 Nov 2022 - US equities were higher in choppy Tuesday afternoon trading, just off best levels as the market staged a late-afternoon rally. US midterm elections were the highlight…

Markets rally for three-day winning streak: ASX finishes 0.36% higher

08 Nov 2022 - All sectors except for Materials and Energy finished higher today, as the market rallied 0.36 per cent or 25.20 points higher to 6958.90.

Market awaits tomorrow's midterm elections: ASX up 0.44% at noon

08 Nov 2022 - US equities held on to a two-day winning streak ahead of tomorrow’s midterm elections and the government's latest report on consumer inflation, due Thursday. In local…

Markets focus on US midterm elections and Thursday's CPI data

08 Nov 2022 - Stocks rallied Monday as investors looked ahead to a packed week with congressional midterm elections and key inflation data on deck over the next few days, and shrug…

Materials leads market higher: ASX closes up 0.6%

07 Nov 2022 - Materials is the strongest sector by far in today’s trading. This was due to the initial possibility that China would begin to ease COVID restrictions. As such, BHP (…

Strict Chinese measures dampen market sentiment: ASX up 0.29% at lunch

07 Nov 2022 - US markets finished higher on Friday after a volatile session following the release of the October jobs report, which showed better-than-expected hiring, while the un…

Investors divided after nonfarm payroll numbers

07 Nov 2022 - Stocks rallied on Friday, but finished the week lower, as investors drew conflicting conclusions about what the latest payroll numbers mean for future Federal Reserve…

Market taking a breather after a volatile week: ASX flat at noon

04 Nov 2022 - The market has bounced off morning lows, to trade flat after a negative lead from Wall Street overnight. At noon, the S&P/ASX 200 is 0.07 per cent or 4.70 points lowe…

Energy sector remains the market's safe haven

04 Nov 2022 - US equities finished lower in Thursday trading, with the S&P 500 bouncing off its lowest morning levels, but trading in a narrow range through the afternoon before fa…

A sea of red in today's trading: ASX closes 1.84% lower

03 Nov 2022 - All but one sector finished lower today, as the ASX reacted to the overnight news that the Fed has increased rates by 75 basis points.

All red across the board following US rate hike sentiment: ASX down 1.96% at noon

03 Nov 2022 - US equities plunged after Fed Chair Jerome Powell indicated policymakers would continue raising interest rates to fight persistent inflation. Markets had initially so…

Markets reverse course on Fed's inflation narrative

03 Nov 2022 - Stocks fell on Wednesday after Federal Reserve Chair Jerome Powell said inflation was still too high and therefore the central bank has further to go in raising inter…

CBA follows NAB in raising lending rates following yesterday's hike: ASX closes 0.14% higher

02 Nov 2022 - Commonwealth Bank of Australia (ASX:CBA) today announced that it will raise its home loan variable interest rate by 25 basis points, in line with the RBA’s Melbourne …

Energy leading the market in the green: ASX up 0.32% at lunch

02 Nov 2022 - US markets turned negative overnight following job openings in September, which showed a resilient labour market and made investors brace for another likely 75 basis …

Amidst the gloom, oil stocks are reporting record profits

02 Nov 2022 - US equities finished mostly lower in Tuesday trading, as traders assessed better-than-expected economic data and prepared for another likely rate hike from the Federa…

ASX increases slightly ahead of today's interest rate rise: Aus shares 0.3% higher at noon

01 Nov 2022 - Last week’s rally for US equities ground to a halt overnight ahead of this week’s Federal Reserve decision on interest rates, as tech stocks weighed on the major inde…

US equities close lower, but post best month since 1976

01 Nov 2022 - Markets made a huge comeback in October. The Dow guided those gains and closed 14 per cent higher for the month. The 30-stock index had its best month since 1976 as i…

Strong finish despite tomorrows expected rate hike: ASX closes 1.15% higher

31 Oct 2022 - All eyes are on tomorrow's expected interest rate hike, with many predicting a 50 basis point rise. At the closing bell, the S&P/ASX 200 was 1.15 per cent or 77.80 po…

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