Finance News Network

Market Reports

ASX closes 0.3% lower: China economic data disappoints

17 Jan 2024 - The Australian sharemarket experienced a decline on Wednesday, mainly due to disappointing economic data from China and revised expectations regarding US interest rat…

ASX down 0.1%: Interest rate-sensitive real estate stocks

17 Jan 2024 - Australian shares started the trading day on a decline, influenced by the negative trend in Wall Street due to comments from US Federal Reserve policymaker Christophe…

S&P500 falls as major US banks report earnings

17 Jan 2024 - The Dow Jones Industrial Average fell on Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings.

ASX closes 1.1% lower to hit a four-week low

16 Jan 2024 - On Tuesday, the Australian sharemarket experienced a significant decline, reaching a four-week low, as risk-off sentiment swept across all sectors, resulting in the S…

ASX down 0.98% at noon, Coles and Woolworths fall after ACCC comments

16 Jan 2024 - Australian equity markets opened weaker taking their lead from Europe after news of soft GDP numbers from Germany overnight.

European markets weaker as US markets closed for Martin Luther King holiday

16 Jan 2024 - European stocks closed lower Monday as US markets were closed for a holiday and investors in the region gear up for the World Economic Forum in Davos, Switzerland.

ASX closes flat: Energy surges over 2%

15 Jan 2024 - Aus shares closed flat, while Santos' NT gas project received the green light. Super Retail rallied on on a $2 billion sales update.

ASX down 0.08%: Energy is leading sectors

15 Jan 2024 - Australian shares are trading lower ahead of Wall Street being closed for Martin Luther King Day.

Dow records decline following initial wave of fourth quarter earnings report

15 Jan 2024 - The Dow Jones industrial Average slipped Friday as traders parsed through the first batch of fourth-quarter earnings and digested the second in a pair of closely watc…

ASX down 0.04% at noon: Oil prices surge

12 Jan 2024 - Oil prices surged after the US and UK conducted airstrikes on Houthi rebel targets in Yemen in response to the group's attacks on ships in the Red Sea.

Uptick in US CPI data weighs on markets

12 Jan 2024 - Stocks moved lower Thursday, shrugging off a fresh round of inflation data that reflected an uptick in consumer prices for December.

ASX closes 0.5% higher: 8 out of 11 sectors advance

11 Jan 2024 - On Thursday, shares in the Australian stock market rose, with the S&P/ASX 200 gaining 0.5%, driven by a tech rally on Wall Street and the approval of bitcoin exchange…

Afternoon update: ASX up 0.5%, Bitcoin ETFs approved in US

11 Jan 2024 - Australian shares are up 0.5 per cent by mid-afternoon, boosted by Wall Street's mega-cap tech stock rally and the approval of US bitcoin exchange-traded funds.

ASX up 0.4%: Bitcoin surges after SEC approvals

11 Jan 2024 - Bitcoin surged past US$47,000, and Ethereum saw a more than 10% increase following the approval of spot bitcoin exchange-traded funds (ETFs) by US regulators.

US market pushes higher as investors prepare for inflation data

11 Jan 2024 - US stocks traded higher Wednesday, with investors awaiting the release of fresh US inflation data and earnings tomorrow.

ASX closes 0.7% lower: Inflation data suggests RBA may maintain cash rate in Feb

10 Jan 2024 - The Australian sharemarket experienced a decline, driven by falls among mining companies despite a cooler-than-expected inflation gauge. The S&P/ASX 200 dropped 0.7% …

Afternoon update: ASX down 0.55% as inflation cools in November

10 Jan 2024 - Australian shares are down 0.55 per cent by mid afternoon following a weak Wall Street performance and lower-than-expected November inflation.

ASX down 0.16% at noon: inflation in Australia decreased to 4.3% in November

10 Jan 2024 - In November, inflation in Australia decreased to 4.3%, which was lower than the expected 4.4%, marking a crucial economic data point that will influence the Reserve B…

Tech stocks lift amidst early 2024 challenges

10 Jan 2024 - The S&P 500 trimmed an earlier decline Tuesday, boosted by tech shares, as Wall Street looked to regain its footing after a tough start to 2024.

ASX closes 0.9% higher: Tech sector surges

09 Jan 2024 - Australian shares surged on Tuesday, driven by a strong performance on Wall Street and the best monthly retail sales report in two years.

Afternoon update: ASX up 1.09% on Wall Street boost and retail sales

09 Jan 2024 - Australian shares rallied by 1.09 per cent during mid-afternoon trading, boosted by a strong performance on Wall Street and the best monthly retail sales report in th…

ASX up 1.01% at noon: Australia's retail sales rise 2% in November

09 Jan 2024 - Australian retail trade exceeded market expectations by rising 2% in November, driven by Black Friday sales, with a year-on-year increase of 2.2%.

Tech boosts broader market index

09 Jan 2024 - Overnight, the major averages rose, thanks to strong performance in the tech sector, as Wall Street aimed to bounce back from a challenging week.

ASX closes 0.5% lower following US jobs data

08 Jan 2024 - Australian shares extended their four-day losing streak as a result of US jobs data over the weekend, which reduced expectations of rate cuts.

Afternoon update: Shares slip as traders unwind January rally

08 Jan 2024 - Australian shares are sliding in the final trading hours of Monday, continuing a tough start to the year due to traders unwinding last month's market rally.

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