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Market Reports

ASX closes 0.67% lower driven by sell-off in tech

18 Sep 2023 - On Monday, a widespread sell-off, primarily driven by the technology sector, dragged down the overall share market.

Afternoon update: ASX down 0.58% with Tech getting slammed

18 Sep 2023 - Afternoon update: ASX down 0.58% with Tech getting slammed

ASX down 0.76% at noon as all sectors are in the red

18 Sep 2023 - At noon, every one of the 11 sectors on the ASX is showing losses, with the technology stocks exerting the most significant downward pressure on the benchmark.

All 11 sectors closed lower ahead of the Fed's next policy meeting

18 Sep 2023 - Stocks fell Friday as investors wrapped up a volatile week ahead of the Federal Reserve’s policy meeting. All 11 S&P 500 sector indexes declined, led lower by informa…

ASX up 1.67% at noon as all sectors are in the green

15 Sep 2023 - All sectors are currently trading higher. Miners, spanning gold, lithium, and iron ore, clearly stood out as the top performers.

Investors rally behind Wall Street's latest IPO

15 Sep 2023 - The Dow Jones Industrial Average rallied the most in over a month as traders cheered the revival of Wall Street’s IPO market and a decent batch of economic data.

ASX closes 0.46% higher as commodities thrive

14 Sep 2023 - On Thursday, the ASX saw a significant increase in its performance, driven by strong rallies in companies involved in iron ore, coal, and uranium production.

ASX up 0.32% at noon lead by the banks and resources

14 Sep 2023 - At noon, the S&P/ASX 200 is 0.32% higher at 7,176.70 as unemployment numbers in August held steady at 3.7%, matching analysts’ forecasts.

Dow falls as core inflation data is higher than expected

14 Sep 2023 - The Dow Jones Industrial Average fell Wednesday as traders absorbed a hotter-than-expected August core inflation print. 3M was the biggest laggard in the 30-stock Dow…

ASX closes 0.7% as tech sector experiences sell-off

13 Sep 2023 - On Wednesday, the ASX experienced a decline driven by a sell-off in the technology sector, just before the release of important US inflation data.

ASX down 0.48% as oil prices stabilise

13 Sep 2023 - Oil prices recently surged to a 10-month high but have stabilised, with West Texas Intermediate trading at around $89 per barrel.

Nasdaq falls as Apple unveils iPhone 15, crude oil hits highest level since Nov 22

13 Sep 2023 - The Nasdaq Composite fell Tuesday after Oracle shares plunged on disappointing results, whilst Apple unveiled the new iPhone model.

ASX closes 0.2% higher as iron ore rallies

12 Sep 2023 - Iron ore prices rallied after new bank lending in China released on Monday handily beat expectations and eased some concerns about the Asian giant’s economic outlook.

ASX down 0.18% at noon as consumer confidence dips

12 Sep 2023 - Investor sentiment was dampened by the results of a Westpac-Melbourne Institute survey, which revealed a decline in consumer confidence for September.

Nasdaq lifts as investors pour into tech stocks

12 Sep 2023 - Stocks rose Monday to start a big week of inflation data as investors bought up tech shares in the wake of recent weakness.

Financials & Miners help the market close in positive territory. ASX closes up 0.36%

11 Sep 2023 - The S&P/ASX 200 ended the day 36.6 points, or 0.5 per cent higher at 7192.3, despite moving into negative territory in early trading.

Tech Sector Large Caps lead market lower: ASX down 0.04%

11 Sep 2023 - The ASX/S&P 200 is 0.04 per cent, lower to 7153.6 at midday. Driving the weakness in the Australian market is Tech sector large-caps WiseTech and Xero, with both down…

Energy stocks lead the market into positive territory

11 Sep 2023 - The US market closed slightly higher on Friday but overall finished the week lower as concerns resurfaced that the Federal Reserve may raise rates more than previousl…

ASX down 0.42% at noon: Oil prices on track for weekly gain

08 Sep 2023 - At noon, the S&P/ASX 200 is 0.42% lower at 7,141.20. Oil prices are on track for a weekly gain due to several factors. OPEC+ leaders, Saudi Arabia and Russia, have de…

Nasdaq drops as weekly jobless claims disappoint

08 Sep 2023 - The Nasdaq Composite fell for a fourth session Thursday as concerns resurfaced over the Federal Reserve’s interest rate policy path, as the latest jobless claims data…

ASX closes 1.19% lower as iron ore prices decline

07 Sep 2023 - At the closing bell, the S&P/ASX 200 was 1.19 per cent lower at 7,171.00.

Afternoon update: ASX currently trading 1.18% lower with all sectors in the red

07 Sep 2023 - The S&P/ASX 200 is trading 1.18 per cent lower at 7,171.20.

ASX down 1.08% at noon as Australia's trade surplus decreases in July

07 Sep 2023 - In July, Australia's trade surplus decreased to $8 billion, down from $11.3 billion in June. This figure fell short of expectations, as analysts had predicted a surpl…

Major US indexes fall as Fed rate hike fears return

07 Sep 2023 - Stocks sold off Wednesday, continuing the sluggish start to September, as concerns mounted that the Federal Reserve may not be done hiking interest rates.

ASX closes 0.78% lower as price of iron ore rallies

05 Sep 2023 - At the closing bell, the S&P/ASX 200 was 0.78 per cent lower at 7,257.10.

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