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Market Reports

Dow soars to new heights amid rate cut hopes

27 Aug 2024 - The Dow Jones Industrial Average notched a new all-time high overnight as investors sought to shake off a recent market slump.

ASX closes 0.76% higher: Communication Services closes 1.25% higher

26 Aug 2024 - Real estate and banking stocks experienced a rally following comments from the Federal Reserve.

ASX up 0.61% near noon: US Fed likely to cut interest rates soon

26 Aug 2024 - The Australian stock market started the week positively on the news that the US Federal Reserve is likely to cut interest rates soon. At 11:45am, the S&P/ASX 200 is 0…

US stocks rally as Powell hints at possible rate cuts

26 Aug 2024 - US stocks rallied on Friday after Federal Reserve Chair Jerome Powell hinted that interest rate cuts could be on the horizon.

ASX down 0.37% near noon: Aus shares set to end a 10-day winning streak

23 Aug 2024 - Australian shares are set to end a 10-day winning streak after opening lower, following a negative session on Wall Street. At 11:40am, the S&P/ASX 200 is 0.37 per cen…

S&P 500 stumbles ahead of Jackson Hole

23 Aug 2024 - The S&P 500 experienced a pullback overnight as investors anticipated Federal Reserve Chair Jerome Powell's keynote address at the Jackson Hole Economic Symposium.

Aus shares up 0.27% near noon: Tech is best performing sector

22 Aug 2024 - Australian shares continued their upward trend, driven by positive earnings reports and a cooling US labour market.

S&P 500 rallies on Fed minutes

22 Aug 2024 - The S&P 500 surged on Wednesday, fuelled by optimism that the Federal Reserve will lower interest rates at its upcoming meeting.

ASX closed 0.16% higher: WiseTech surges on profit increase

21 Aug 2024 - At the closing bell, the S&P/ASX 200 was 0.16 per cent higher at 8,010.50. The Australian share market exhibited a mixed performance today, reflecting the interplay o…

ASX down 0.49% near noon: More corporate earnings come through

21 Aug 2024 - Australian shares experienced a minor pullback on Wednesday, mirroring a similar trend in overseas markets. Investors carefully analysed a flurry of corporate earning…

US markets takes a breather after strong rally

21 Aug 2024 - The US market's recent rally hit a snag overnight as stocks retreated, ending a winning streak.

ASX closes 0.22% higher: Investors optimistic ahead of US Fed's Jackson Hole meeting

20 Aug 2024 - The Australian share market extended its winning streak to eight days on Tuesday, buoyed by optimism ahead of the US Federal Reserve's Jackson Hole meeting.

ASX up 0.21% near noon: RBA considering lifting rates

20 Aug 2024 - The Reserve Bank held the cash rate steady at 4.35% for the sixth consecutive meeting, but minutes reveal serious consideration of a rate hike due to persistent infla…

Wall Street rallies ahead of Jackson Hole meeting

20 Aug 2024 - US shares advanced on Monday, extending recent gains as investors looked ahead to the highly anticipated Federal Reserve symposium later this week.

ASX closes 0.1% higher: Mixed profit results and sectoral divergence

19 Aug 2024 - The Australian sharemarket closed slightly higher on Monday amid a subdued trading session as investors focused on a series of company profit reports on the ASX.

ASX down 0.07% near noon: Consumer Staples is worst performing sector

19 Aug 2024 - At 11:40am, the S&P/ASX 200 is 0.07 per cent lower at 7,965.9, dragged down by a slump in consumer staples stocks as investors assessed mixed company earnings.

US stocks end strongest week of 2024

19 Aug 2024 - US shares surged on Friday, capping off their most successful week of 2024 as the market rebounded from a sharp decline earlier in August.

ASX up 1.39% near noon: Investors respond to US retail sales data

16 Aug 2024 - At 11:30am, the S&P/ASX 200 is 1.39 per cent higher at 7,974.5, driven by optimism about potential interest rate cuts and robust economic data.

US stocks grow on strong retail sales data, semiconductors lead

16 Aug 2024 - US stocks surged on Thursday as upbeat consumer and labour data fuelled a rally, easing recession fears and bolstering investor confidence.

ASX up 0.2% to post eighth straight day of gains

15 Aug 2024 - Australian shares extended their winning streak on Thursday, with the benchmark index rising 0.2%, despite a decline in the mining sector.

ASX up 0.23% near noon: Labour market adds almost 60,000 jobs

15 Aug 2024 - Australian employment surged unexpectedly in July, defying forecasts and pushing the unemployment rate slightly higher.

US stocks climb as inflation cools

15 Aug 2024 - The Dow Jones Industrial Average gained ground on Wednesday, buoyed by encouraging US inflation data.

ASX grows 0.3%: Strong earnings boost investor confidence

14 Aug 2024 - The Australian sharemarket experienced a positive close on Wednesday, buoyed by strong performances from key companies and optimistic investor sentiment.

ASX up 0.7% near noon: US inflation data provides optimism

14 Aug 2024 - At 11:35am, the S&P/ASX 200 is 0.7 per cent higher at 7,881.90, driven by a strong performance from the utilities sector, particularly AGL Energy, whose earnings exce…

US stocks surge on cooling inflation

14 Aug 2024 - US stocks rallied significantly overnight, inching closer to their record highs set last month. This upward trend was fueled by the latest inflation report, which sho…

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