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Market Reports

Nvidia surge pushes Nasdaq to new record close

29 May 2024 - A seven per cent surge in the Nvidia share price pushed the Nasdaq index to a new record close above the 17,000 level for the first time ever, outweighing negative ne…

ASX closes 0.28% lower: Tech, retail, and healthcare sectors fall

28 May 2024 - Aus shares dipped slightly, driven by declines in the tech, retail, and healthcare sectors, following a sideways trend as Wall Street was closed for Memorial Day.

ASX down 0.02% near noon: Australian retail trade rises by 0.1 per cent in April

28 May 2024 - Australian retail trade rose by 0.1 per cent in April, below the expected 0.2 per cent increase, following a 0.4 per cent decline in the previous month.

EU markets trade higher as US & UK markets closed

28 May 2024 - EU markets traded higher on a quiet news day as the US & UK markets were closed for public holidays.

ASX closes 0.8% higher: Property stocks soar

27 May 2024 - Australia's stock market rebounded on Monday, with the S&P/ASX 200 Index closing 0.8% higher at 7788.3 points, primarily driven by gains in the rate-sensitive propert…

ASX up 0.7% near noon driven by recovery in property

27 May 2024 - The Australian sharemarket rebounded from last week's sell-off, with the S&P/ASX 200 gaining 0.7% at 7,781.50 by 11:30am , driven by a recovery in the property sector…

Nvidia driven rally continues to push US markets higher

27 May 2024 - The Nvidia rally continued on Friday with the AI giant leading the Nasdaq to another record close, as inflation and Fed concerns took a back seat to the Tech driven r…

ASX shares down 0.93% near noon: Iron ore prices fall

24 May 2024 - Australian shares opened lower on Friday, declining by 0.93 per cent by 11:35am due to weakness in commodities and following a sell-off on Wall Street.

Strong Nvidia earnings fail to lift US markets

24 May 2024 - US stocks experienced a downturn on Thursday, marking the Dow Jones Industrial Average's worst performance of 2024, as a post-earnings boost from Nvidia failed to upl…

ASX closes 0.5% lower: Gold and metal prices fall

23 May 2024 - The Australian stock market experienced a decline on Thursday, attributed to concerns raised by the latest US Federal Reserve meeting minutes regarding the pace of di…

ASX falls 0.9% at near noon: BHP falls 3%

23 May 2024 - Australian shares have decreased by 0.9% at 11:30am, in response to the Federal Reserve's concerns over inflation, mirroring Wall Street's decline. The Fed's minutes …

US markets trade lower as inflation concerns resurface

23 May 2024 - All three major indexes fell into the red after the minutes from the Federal Reserve’s May meeting raised concerns of persistent inflation, suggesting any rate cuts a…

ASX dips 0.05%: Mining stocks lift

22 May 2024 - Shares on the S&P/ASX 200 dipped 0.05%, primarily driven by a decline in retail and consumer stocks despite gains in the mining sector.

ASX 0.22% higher near noon: Iron ore miners lift

22 May 2024 - Australian shares opened slightly higher, with a 0.2% increase driven by gains in the tech sector, although Telstra experienced a 4% decline due to announced job cuts…

Nasdaq & S&P 500 set new record closes

22 May 2024 - In Tuesday's trading session, US equities saw marginal gains, with investors closely monitoring Nvidia's upcoming quarterly earnings and guidance. However, the Dow fa…

ASX drops 0.2% nearing previous record close

21 May 2024 - Australian shares closed slightly lower on Tuesday as declines in James Hardie and Sonic Healthcare offset gains in the tech sector following a Nasdaq high. The S&P/A…

ASX down 0.2% near noon: RBA considers lifting cash rate in May

21 May 2024 - The Reserve Bank's May policy meeting minutes indicated that while raising the cash rate was considered if forecasts risked optimism regarding inflation factors, stro…

Nvidia rally pushes Nasdaq to new record

21 May 2024 - Nvidia shares rallied strongly in Monday trading ahead of its quarterly earnings result due out on Wednesday, leading the Nasdaq to a new record close.

ASX nears record close

20 May 2024 - Australian shares are inching closer to a record close, with the ASX moving within 35 points of its all-time high.

ASX up 0.54% near noon: Copper surges to new high

20 May 2024 - Copper has surged to a new high, driven by financial investors anticipating a supply shortage, with futures on the London Metal Exchange reaching $US10,848 a ton, ref…

Dow closes above 40,000 for the first time

20 May 2024 - The Dow Jones closed above 40,000 level for the first time in history on Friday, a day after hitting that key benchmark in the previous trading session.

ASX down 0.42% near noon: Oil prices stabilise

17 May 2024 - Oil prices remained relatively stable throughout the week, with Brent trading slightly above $83 a barrel and West Texas Intermediate below $80, as the market focused…

Dow pushes through 40,000 for first time in intraday trading

17 May 2024 - The Dow Jones surged above the 40,000 level for the first time ever in intraday trading before settling below the record level by the close. Optimism about the inflat…

ASX rallies 1.7%: Potential interest rate cuts loom

16 May 2024 - On Thursday, Australian shares experienced a significant surge, edging tantalizingly close to their all-time high, buoyed by market speculation surrounding potential …

ASX up 1.67% near noon: Australian employment rises by 38,500 in April

16 May 2024 - Australian employment rose by 38,500 in April, with the unemployment rate climbing to 4.1%, up from the previous month's 3.9%.

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