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Market Reports

Robust earnings results drive US markets higher

03 May 2024 - Strong earnings and softer treasury yields ease investor concerns further, as Megacap Tech stocks lead markets higher.

ASX closes 0.23% higher: Woolies tumbles 4.2%

02 May 2024 - At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,587, led by gains in the financial sector, as National Australia Bank exceeded analysts' expectatio…

ASX up 0.32% despite concerns of prolonged interest rates in the US

02 May 2024 - Australian shares showed resilience, edging higher on Thursday morning despite concerns about prolonged higher interest rates, with the S&P/ASX 200 up 0.2%.

US markets mixed as Fed opts to hold rates steady

02 May 2024 - US equities traded mixed for most of the session after Federal Reserve Chair Jerome Powell commented that the next move is unlikely to be a hike, easing investor conc…

ASX drops 1.2% as US labour data came in hotter than expected

01 May 2024 - On Wednesday, the Australian sharemarket experienced a decline, with the benchmark S&P/ASX 200 Index dropping by 1.2 per cent, or 94.2 points, to 7569.9 points at the…

ASX falls 1.14% as tech sector drops

01 May 2024 - Australian shares experienced a significant decline following a surge in US labour data, heightening worries about prolonged high interest rates due to persistent inf…

Hot wages data weighs on US markets; Amazon profit more than triples

01 May 2024 - US stocks tumbled overnight to close out a losing month after higher-than-expected wage data raised new inflation concerns ahead of the Federal Reserve’s rate decisio…

ASX closes 0.4% higher: Lithium miners rally

30 Apr 2024 - Australian shares closed higher on Tuesday, with the S&P/ASX 200 advancing 0.4% to 7664.1 points, supported by gains in lithium miners, while investors exercised caut…

ASX up 0.21% near noon: Australian retail sales decline 0.4% in March

30 Apr 2024 - Australian retail sales unexpectedly declined by 0.4% in March, influenced by high interest rates impacting consumer spending, according to data from the Australian B…

Tesla & corporate earnings continue to underpin US markets

30 Apr 2024 - US markets continued to rise underpinned by strong earnings numbers. Results from the reporting season so far have seen over 80 per cent of US companies beating expec…

ASX closes 0.8% higher: All sectors in the green

29 Apr 2024 - Australia's stock market rebounded on Monday, recovering from a previous decline, amid uncertainty surrounding interest rates in both Australia and the US.

ASX up 0.5% near noon: REITs are best performers

29 Apr 2024 - The Australian sharemarket surged at the opening bell, buoyed by a robust performance on Wall Street, with the S&P/ASX 200 rising 0.7% to 7632 within the first 10 min…

Strong earnings numbers drive US markets higher

29 Apr 2024 - US markets pushed higher led by the big tech names as earnings numbers continued to surprise on the upside.

ASX down 1.22% near noon: BHP tumbles 4.5%

26 Apr 2024 - BHP's (ASX:BHP) decline weighs on shares, while traders anticipate no interest rate cuts in 2024 due to Australian inflation surpassing expectations, causing Australi…

Mixed economic signals weigh on US markets

26 Apr 2024 - US stocks slid as mixed economic data raised fears that stagflation may rear its ugly head, as growth numbers came in weaker than expected and price growth higher tha…

ASX up 0.08% near noon: CPI comes in higher than expected

24 Apr 2024 - The Australian Bureau of Statistics reported a 1% rise in the consumer price index for the three months through March, exceeding market expectations of a 0.8% increas…

Solid corporate earnings drive US markets higher

24 Apr 2024 - US stocks surged higher as a raft of corporate earnings results came in ahead of expectations.

US shares surge on tech rally and economic data watch

23 Apr 2024 - On Tuesday, shares surged, driven by a tech-fueled rally on Wall Street, with investors eyeing US corporate earnings and Australian inflation data for hints on the Re…

ASX up 0.45% near noon after easing geopolitical tensions

23 Apr 2024 - On Tuesday, shares opened higher, reflecting a rally on Wall Street amidst subdued geopolitical tensions, with investors focusing on upcoming US corporate earnings su…

US stocks bounce back as Middle East tensions ease

23 Apr 2024 - US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results.

ASX rises 1.1% as global markets regain stability

22 Apr 2024 - The Australian sharemarket experienced a modest relief rally on Monday, with the S&P/ASX 200 Index rising by 1.1 per cent to 7649.2 points, partially recovering from …

ASX up 0.94% at noon amidst easing tensions between Israel and Iran

22 Apr 2024 - The ASX is trading higher on Monday amidst easing tensions between Israel and Iran, with the S&P/ASX 200 rising by 1.4% to 7671 points at the open, partly recovering …

Middle East tensions dominate US markets

22 Apr 2024 - Early trading saw oil spike more than 3 per cent and Middle East tensions take centre stage until the limited nature of Israel’s retaliation against Iran became appar…

ASX down 1.5% near noon: Aus shares on course for seventh decline in eight sessions

19 Apr 2024 - Australian shares are on course for their seventh decline in eight sessions amid investor preference for higher bond yields and gold due to concerns about persistent …

US markets eyeing another negative week

19 Apr 2024 - US jobless numbers held steady overnight, adding yet another data point that suggests the US economy is firing on all cylinders.

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