Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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.
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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 …
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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.
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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.
Market Reports /
by Peter Milios -
A year ago
20 May 2024 - Australian shares are inching closer to a record close, with the ASX moving within 35 points of its all-time high.
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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.
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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…
Market Reports /
by Peter Milios -
A year ago
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 …
Market Reports /
by Peter Milios -
A year ago
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%.
Market Reports /
by Peter Milios -
A year ago
16 May 2024 - A weaker than expected CPI print and flat April retail sales numbers pushed all three major averages to record highs.
Market Reports /
by Peter Milios -
A year ago
15 May 2024 - The Australian sharemarket rallied on Wednesday, with the S&P/ASX 200 Index climbing 0.4% to 7753.7 and the All Ordinaries rising 0.3%, driven by gains in the mining …
Market Reports /
by Peter Milios -
A year ago
15 May 2024 - Wage growth in Australia decelerated to 0.8% in the first quarter, falling short of analysts' expectations of 0.9%.
Market Reports /
by Peter Milios -
A year ago
15 May 2024 - Big Tech led the move up as investors chose to look past a higher April PPI number and ahead to the CPI print due tomorrow US time.
Market Reports /
by Peter Milios -
A year ago
14 May 2024 - Australian shares declined on Tuesday as investors awaited details from the federal budget and awaited key inflation data from the US.
Market Reports /
by Peter Milios -
A year ago
14 May 2024 - Australian shares opened slightly lower as investors awaited the federal budget and US inflation data, mirroring subdued Wall Street performance. At 11:30am, the S&P/…
