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Market Reports

US stocks end week near flat line after wild ride

12 Aug 2024 - US stocks edged higher on Friday as the market continued its remarkable recovery from Monday’s sharp sell-off, nearly erasing the week’s earlier losses.

ASX up 1.04% near noon: Jobless claims boost Wall Street

09 Aug 2024 - Australian shares surged on Friday, mirroring gains on Wall Street after positive US jobless claims data eased recession fears.

US stocks rally as labor market shows resilience

09 Aug 2024 - US stocks climbed Thursday after new labor market data boosted investors’ confidence in the US economy following a sharp market sell-off earlier in the week.

ASX down 0.62% near noon: Materials down 1.95 per cent

08 Aug 2024 - At 11:30am, the S&P/ASX 200 is 0.62 per cent lower at 7,652.40. The Australian sharemarket is trading lower, mirroring a decline in US markets following a poorly rece…

US tech stocks weigh on market as Nvidia falls

08 Aug 2024 - US stocks closed lower on Wednesday as the market’s attempt to fully recover from Monday’s sell-off failed.

ASX up 0.2% near noon: RBA says no rate cuts this year

07 Aug 2024 - At 11:40am, the S&P/ASX 200 is 0.2 per cent higher at 7,695.60.

US stocks snap losing streak

07 Aug 2024 - US stocks jumped Tuesday, recovering some losses from the previous three trading days as investors took a pause from recession fears and Japanese equities rallied.

ASX up 0.2% near noon: Investors await for further economic indicators

06 Aug 2024 - The Australian sharemarket rebounded today after heavy selling yesterday. This follows a global rout triggered by recession fears in the US. Investors are now looking…

Wall Street plummets in worst day in nearly two years

06 Aug 2024 - US stocks plummeted on Monday, with the Dow Jones Industrial Average suffering its worst day in nearly two years.

ASX closes 3.7% lower: US recession fears loom

05 Aug 2024 - At the closing bell, the S&P/ASX 200 was 3.7 per cent lower at 7,649.60.

ASX down 2.93% at noon: US recession fears loom

05 Aug 2024 - At noon, the S&P/ASX 200 is 2.93 per cent lower at 7,710.70. This dramatic fall is primarily attributed to escalating US recession fears ignited by disappointing jobs…

US stocks tumble following jobs data

05 Aug 2024 - US stocks plunged on Friday following a significantly weaker-than-expected July jobs report, raising fears of a potential recession.

ASX down 1.94% near noon: All sectors in red

02 Aug 2024 - Australian shares plummeted on Friday, mirroring a sharp decline on Wall Street driven by concerns over the Federal Reserve's monetary policy stance.

Recession fears trigger US market selloff

02 Aug 2024 - Fresh activity data triggered fears that the Fed has left it too late to start its rate cut cycle and risks of a recession are rising.

ASX up 0.6% near noon: Investors optimistic over potential rate cuts

01 Aug 2024 - The Australian share market has reached a new peak, surpassing 8100 points, fuelled by investor optimism stemming from potential interest rate cuts and rising oil pri…

Fed commentary triggers surge in megacap tech stocks

01 Aug 2024 - All three major indices rallied as the Fed kept rates unchanged but pointed to a likely easing in September as the inflation outlook continues to improve.

ASX surges 1.8% driven by low inflation figures

31 Jul 2024 - The Australian sharemarket surged 1.8% on Wednesday, driven by unexpectedly low inflation figures, quashing expectations of a rate hike.

ASX up 1.1% near noon: CPI increases to 3.8% in June quarter

31 Jul 2024 - Australian annual inflation increased to 3.8% in the June quarter, aligning with market expectations.

Tech stocks pull back ahead of key earnings releases

31 Jul 2024 - The Nasdaq was the worst performing index as investors prepared for quarterly results from the big tech names.

ASX closes 0.5% lower: Investors brace for data flood

30 Jul 2024 - The Australian share market declined on Tuesday, primarily driven by a sharp sell-off in mining giants, particularly Fortescue Metals. The benchmark S&P/ASX 200 Index…

ASX down 0.8% near noon following a fall in mining stocks

30 Jul 2024 - The Australian share market experienced a sharp downturn, primarily driven by a significant sell-off in the mining sector. Mining giants, including BHP and Fortescue …

Markets drift sideways ahead of key earnings releases & policy news

30 Jul 2024 - Investors remained cautious as markets hovered near flat ahead of some key big tech earnings numbers due later this week and the Fed policy statement due out on Wedne…

ASX surges 0.9% following Wall Street's inflation data

29 Jul 2024 - The Australian share market surged today, buoyed by Wall Street’s recovery following recent inflation data.

ASX up 0.85% near noon: All sectors in black

29 Jul 2024 - Local sharemarkets are poised for heightened volatility this week as investors grapple with a confluence of economic uncertainties.

Rotation into small caps & cyclicals lead US markets higher

29 Jul 2024 - The rotation into cyclicals and small caps continued on Friday, underpinned by encouraging inflation data. All the major indices and the small cap Russell 2000 finish…

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