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Market Reports

Rotation into small caps & broader market continues

17 Jul 2024 - The rotation into industrials, financials and smaller companies pushes the Dow Jones to new highs as the rally continues to broaden into underperforming sectors.

ASX closes down 0.2%: Materials is worst performer

16 Jul 2024 - On Tuesday, the Australian sharemarket ended a three-day winning streak by dropping slightly below the significant 8000-point mark achieved in the previous session. T…

Dow hits new record as rotation into smaller companies continues

16 Jul 2024 - Markets continued their move upwards with the Dow Jones hitting a new record following the assassination attempt on former President Donald Trump, as investors took t…

ASX closes 0.73% higher: Iron ore prices advancing

15 Jul 2024 - Shares are rising amid a broad rally. Iron ore prices are advancing. However, China's growth is weakening more than expected as the outlook darkens. Investors are rus…

The S&P/ASX 200 trades above 8000 for the first time

15 Jul 2024 - The Australian sharemarket hit new highs during the morning session with the S&P/ASX 200 trading above 8000 for the first time.

Dow Jones leads broader market higher

15 Jul 2024 - Markets resumed their march upwards with the Dow Jones hitting new highs in intraday trading, as investors continued to rotate into the broader market and smaller com…

ASX up 0.86% near noon: REITs soars by 2.3%

12 Jul 2024 - Australian shares hit a record high of 7938 points following US deflation data for June, which fueled expectations of impending interest rate cuts by the Federal Rese…

Big tech names pull back as small caps shine

12 Jul 2024 - The S&P 500 and Nasdaq both ended the day in the red as investors looked to rotate out of the big tech names and into small caps and property.

ASX closes 0.9% higher: Investors await US inflation report

11 Jul 2024 - The Australian sharemarket experienced a risk-on day, with the benchmark briefly climbing above 7900 points in a broad rally led by the big four banks.

ASX up 0.88% near noon: Wall Street records big gains

dd May 2024 - At 11:35am, the S&P/ASX 200 is 0.88 per cent higher at 7,885.40. The rally, fueled by gains in Wall Street's tech giants, saw local sectors like technology and real e…

Big tech leads US markets to fresh highs

11 Jul 2024 - Big tech names surged higher leading the broader market to new record highs ahead of the highly anticipated inflation data due out tomorrow US time.

ASX down 0.47% near noon: Materials down 1.11%

10 Jul 2024 - Australian shares opened lower following a previous day's rally, and at 11:30am, the S&P/ASX 200 is 0.47 per cent lower at 7,792.60.

Fed commentary leads market to new highs

10 Jul 2024 - The S&P 500 & Nasdaq both closed at new records following encouraging commentary from Federal Reserve Chairman, Jerome Powell.

ASX closes 0.9% higher: All sectors close higher

09 Jul 2024 - The Australian sharemarket saw a broad-based rally on Tuesday, driven by gains in US blue-chip tech stocks, pushing the S&P/ASX 200 Index up by 0.9% to 7829.7.

ASX up 0.8% near noon: S&P 500 hits a new record high

09 Jul 2024 - Australian shares opened higher, with the S&P/ASX 200 Index rising 0.7% to 7815.2, driven by a rally in blue-chip tech stocks that also pushed the S&P 500 to a new re…

Nvidia & Apple push the Nasdaq to another record close

09 Jul 2024 - Markets continued their drive higher with two out of the three major indices closing at new record highs ahead of new inflation data and upcoming earnings numbers lat…

ASX falls 0.8%: Materials falls as iron ore prices slump

08 Jul 2024 - The Australian sharemarket, particularly impacted by a commodities sell-off, saw significant declines on Monday, with the S&P/ASX 200 dropping 0.8% to 7763.2 points. …

ASX down 0.36% near noon: Iron ore prices fall

08 Jul 2024 - At 11:35am, the S&P/ASX 200 is 0.36 per cent lower at 7,794.30, driven by a decline in iron ore prices.

Jobs report pushes US market to new record close

08 Jul 2024 - The broader market surged to new highs following the release of the much anticipated jobs numbers which pointed to a cooling labour market raising hopes the Fed will …

ASX down 0.05% near noon: Aus dollar reaches highest level since January

05 Jul 2024 - At 11:30am, the S&P/ASX 200 is 0.05 per cent lower at 7,827.60, due to declines in mining and property stocks, despite earlier gains in the week.

EU stocks close higher as US closed for holiday

05 Jul 2024 - European markets closed higher as the US market was closed for the Independence Day Holiday and the UK headed to the polls.

ASX up 1.08% near noon: Materials surges over 2%

04 Jul 2024 - At 11:35am, the S&P/ASX 200 is 1.08 per cent higher at 7,823.40, buoyed by a strong performance in New York ahead of the July 4 holiday.

MegaCap tech names push the broad index to new highs

04 Jul 2024 - Markets continued to march upwards in light trade on a shortened trading session ahead of the Independence Day holiday. Megacap Tech names dominated the tape and set …

ASX up 0.11% near noon: Aus retail sales grows 0.6%

03 Jun 2024 - In May, Australian retail trade surged by 0.6 percent, surpassing expectations with strong year-on-year growth of 1.7 percent, attributed partly to early end-of-finan…

S&P 500 closes above 5,500 for the first time

03 Jul 2024 - All three major indices rallied and bond yields fell after Federal Reserve chairman Jerome Powell said the disinflationary path is intact, opening the door to a pivot…

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