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ASX closes 0.58% lower following Wall Street's overnight sell-off

03 Jul 2023 - Following Wall Street’s overnight sell-off, the S&P/ASX 200 closed 0.58 per cent lower at 7,311.80.

Afternoon update: ASX trading 0.5% lower, Consumer Staples outperforming

03 Aug 2023 - The ASX is currently trading 0.5 per cent lower at 7,317.80, and the SPI futures are witnessing a decline of 39 points.

ASX down 0.45% at noon as Fitch downgrades US credit rating

03 Aug 2023 - At noon, the S&P/ASX 200 is 0.45 per cent lower at 7,321.50. Fitch has downgraded the credit rating of the US government due to mounting concerns about the country's …

Fitch Ratings cuts US credit rating to AA+

03 Aug 2023 - Stocks hit selloff mode Wednesday, and the Nasdaq Composite registered its worst day since February, after Fitch Ratings cut the long-term foreign currency issuer def…

ASX closes 1.29% lower as US sovereign rating falls

02 Aug 2023 - At the end of the trading day, the S&P/ASX 200 experienced a decline of 1.29 per cent, closing at 7,354.70. This drop was attributed to market nerves exacerbated by t…

ASX down 0.7% at noon: UBS analysts forecast upside for health insurers

02 Aug 2023 - At noon, the S&P/ASX 200 is 0.7% lower at 7,398. According to UBS analysts, Suncorp (ASX:SUN), Hub24 (ASX:HUB), GQG Partners, and Magellan (ASX:MFG) are potential sou…

More corporate earnings released, copper surges on Chinese optimism

02 Aug 2023 - The S&P 500 fell to start August, as investors navigated a raft of corporate earnings reports and assessed a fresh batch of economic data.

ASX closes 0.54% higher as RBA leaves cash rate unchanged

1 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.54 per cent higher at 7,450.70 after the Reserve Bank’s left the cash rate on hold.

Afternoon update: ASX up 0.36% with IT leading the way

01 Aug 2023 - The S&P/ASX 200 is performing well today, up by 0.36 per cent so far. The SPI futures are also looking positive, up by 35 points.

ASX up 0.26% at noon as investors await RBA decision

1 Aug 2023 - According to a recent ANZ-Roy Morgan survey, consumer confidence experienced a notable boost of 3.2 percentage points last week, reaching its highest level since late …

US major averages rise after wrapping up winning month

01 Aug 2023 - Stocks rose modestly Monday as Wall Street kicked off a busy earnings week and wrapped up a winning month.

ASX closes 0.09% higher: Energy stocks outperform

31 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.09 per cent higher at 7,410.40.

ASX up 0.13% at noon as investors await Tuesday's RBA decision

31 Jul 2023 - At midday, Australia's share market has returned to a flat position after experiencing an early rise. Investors seem cautious as they await the RBA interest rate deci…

Dow Jones & S&P 500 secure third consecutive week of gains

31 Jul 2023 - Stocks rose Friday with the Dow Jones Industrial Average and S&P 500 closing out their third winning weeks in a row as a measure of inflation closely watched by the F…

ASX down 0.8% at noon as Australian retail sales fall

28 Jul 2023 - Australian retail sales experienced a 0.8% decline last month, as reported by the Australian Bureau of Statistics. This result came as a surprise to markets, which ha…

The Dow finally snaps historic 13-day rally

28 Jul 2023 - The Dow Jones Industrial Average finally ran out of steam Thursday as investors cashed in following a historic streak of 13 straight gains.

ASX closes 0.73% higher to hit a five-month high

27 Jul 2023 - On Thursday, the Australian sharemarket reached a five-month high, driven by a strong performance in real estate and technology stocks.

ASX currently 0.66% higher: Macquarie Group declines due to weaker trading conditions

27 Jul 2023 - Macquarie Group (ASX:MQG) shares experienced a decline as the investment bank attributed it to challenging trading conditions. In the first quarter of financial year …

Dow posts best winning streak since 1987

27 Jul 2023 - The Dow Jones Industrial Average rose Wednesday, notching its best winning streak since 1987 as traders digested a Federal Reserve rate hike and major corporate earni…

ASX closes 0.85% higher: Rio Tintos half-year profit gets slammed

26 Jul 2023 - Rio Tinto's (ASX:RIO) half-year profit fell 34% due to weaker commodity prices. The $US5.7 billion underlying result and dividend missed analyst estimates. Australian…

ASX up 0.75% at noon: June quarter inflation lower than expected

26 Jul 2023 - The June quarter headline inflation came in at 6 per cent, lower than the expected 6.2 per cent.

General Motors & General Electric are the latest to report

26 Jul 2023 - The Dow Jones Industrial Average closed higher Tuesday, notching its longest winning streak in more than six years as traders weighed the latest earnings reports.

ASX closes 0.46% higher: Mining stocks rally

25 Jul 2023 - At the closing bell, the S&P/ASX 200 was 0.46 per cent higher at 7,339.70.

Afternoon update: Mining powerhouses lead gains, wheat futures soar

25 Jul 2023 - The S&P/ASX 200 has risen by 0.48 per cent with the SPI futures pointing to a rise of 37 points. The Materials sector is the best-performing, up 3.16 per cent, while …

ASX 0.32% higher at noon: Fortescue rallies on Twiggy's visit to US

25 Jul 2023 - Mining giant Fortescue (ASX:FMG), led by executive chairman Andrew Forrest, saw a nearly 4% increase in shares on the ASX 200 index as he promoted his green hydrogen …

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