Finance News Network

Market Reports

Year-end comeback lifts S&P 500 to brink of record highs on Tuesday

20 Dec 2023 - The S&P 500 rose Tuesday, approaching its record high, as the Federal Reserve’s recent dovish shift on rates lifted stocks.

ASX closes 0.8% higher as M&A in resources picks up

19 Dec 2023 - Australian shares posted solid gains driven by increased merger and acquisition activity in the resources sector and a surge in oil prices due to concerns about suppl…

ASX up 0.45% at noon as oil prices surge by 2%

19 Dec 2023 - Oil prices surged 2% due to increased attacks by Iranian-backed Houthi militants on vessels in the Red Sea, causing concerns about potential supply disruptions.

Stocks continue winning streak as S&P500 nears record high

19 Dec 2023 - The S&P 500 rose Monday as the market maintained the momentum seen during its seven-week winning streak.

Afternoon update: ASX 200 drops 0.32% amid Real Estate sector losses

18 Dec 2023 - By mid-afternoon, the ASX 200 was down 0.32 per cent. This decline was primarily driven by losses in the real estate sector, particularly Charter Hall (ASX:CHC) and D…

ASX down 0.03% at noon as oil prices experience first weekly gain since October

18 Dec 2023 - Oil prices increased after experiencing their first weekly gain since late October due to major shipping lines suspending transit through the Red Sea, which highlight…

Record-breaking Friday: Dow Jones and Nasdaq-100 soar to new heights

18 Dec 2023 - The Dow Jones Industrial Average closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record clo…

ASX up 0.84% at noon: Dow reaches a new record high overnight

15 Dec 2023 - Overnight, the Dow Jones Index reached a new record high, closing at 37,248 points with a 0.4% gain, while the Nasdaq Index increased by 0.2%, and the Russell 2000 sm…

S&P500 closes higher as US retail sales increase in November

15 Dec 2023 - The Dow Jones Industrial Average edged higher on Thursday a day after closing above 37,000 for the first time ever as the 10-year Treasury tumbled below 4 per cent an…

ASX up 1.49% at noon as Australian employment grows by 61,500 jobs

14 Dec 2023 - In November, Australian employment grew by 61,500 jobs, causing the unemployment rate to rise slightly to 3.9% from the previous month's 3.8%.

The Fed holds rates steady, indicates three rate cuts in 2024

14 Dec 2023 - The Dow Jones industrial Average jumped to a record Wednesday as the Federal Reserve signalled it would cut rates several times next year, satisfying investors who ho…

ASX closes 0.3% higher: Healthcare and iron ore stocks rise

13 Dec 2023 - Australia's sharemarket experienced mixed performance as healthcare and iron ore stocks rose while the energy sector declined due to a 3.5% drop in benchmark oil pric…

ASX up 0.15% following Wall Street's strong gains

13 Dec 2023 - Wall Street closed at a 52-week high as traders celebrated a decrease in core US inflation to 4 percent year-on-year in November, excluding food and energy prices.

US stocks tick higher as CPI grows in line with expectations

13 Dec 2023 - Stocks were higher on Tuesday as Wall Street parsed through another round of inflation data in search for clues on when the Federal Reserve could start easing monetar…

ASX closes 0.5% higher as interest rate sensitive stocks lift

12 Dec 2023 - The Australian sharemarket gained 0.5% as interest rate sensitive stocks rose ahead of the release of US inflation data.

ASX up 0.36% at noon: RBA governor denies Australia's inflation lag

12 Dec 2023 - Reserve Bank governor Michele Bullock dismissed the notion that Australia lags behind in addressing inflation concerns, emphasising their efforts to slow the economy …

S&P500 climbs as investors await key inflation data

12 Dec 2023 - The S&P 500 climbed on Monday as investors tried to continue Wall Street’s year-end momentum.

ASX closes near flat line as metals and oil stocks fluctuated

11 Dec 2023 - The Australian sharemarket saw minimal gains as metals and oil stocks fluctuated throughout the day, with the S&P/ASX 200 closing just 4.1 points higher at 7199. Mini…

ASX up 0.23% at noon as M&A activity takes flight

11 Dec 2023 - Australia's stock market saw an increase in midday trading driven by several merger and acquisition deals and a rise in energy sector stocks.

Friday sees S&P500 achieve new high for 2023

11 Dec 2023 - The S&P 500 rose on Friday to hit a new high for the year after the November jobs report and University of Michigan consumer survey data signalled a resilient economy…

ASX down 0.23% at noon: Santos trading 6.4% higher

08 Dec 2023 - Utilities weighed down the sharemarket, countering a strong Wall Street session driven by a tech rally shortly after Friday's trading began. Among the benchmark's 11 …

S&P 500 rises as investors anticipate US jobs report, Santos-Woodside merger update

08 Dec 2023 - The S&P 500 closed higher Thursday, attempting to snap a three-day losing streak as traders looked ahead to Friday’s all-important jobs report.

ASX closes 0.07% lower as US oil prices fall below $70

07 Dec 2023 - The ASX experienced a relatively calm trading session, with the exception of a sharp decline in energy stocks following a significant drop in oil prices, including a …

ASX down 0.18% as oil prices fall

07 Dec 2023 - Energy stocks on the ASX are down over 2% as a result of a 4.1% drop in US oil prices, which fell below $70 per barrel, despite a 4.63 million barrel decrease in US c…

US stocks choppy as data shows drop in labour costs

07 Dec 2023 - US stocks wavered on Wednesday as investors assessed data indicating falling inflation, while the jobs report loomed.

Prior Page Next Page