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ASX closes 1.34% lower as Energy suffers big blow

23 Jun 2023 - According to AMP economist Shane Oliver, there is a significant chance of Australia experiencing a recession within the next year due to the shrinking economy. Oliver…

US DOE gifts record-breaking loan to battery plants

23 Jun 2023 - The Nasdaq Composite and the S&P 500 rose Thursday, snapping three-day losing streaks as investors resumed buying tech stocks.

Iron ore prices rebound: ASX closes 1.63% lower

22 Jun 2023 - Australian investment banking fees have experienced a significant 50 per cent decline in the first half of this year compared to 2022, with equity capital markets, me…

Bitcoin surges past US$30,000: ASX down 1.34% at noon

22 Jun 2023 - Bitcoin has experienced a significant surge of over 6 per cent in the last 24 hours, surpassing the $30,000 mark. This surge is attributed by traders to the announcem…

Stocks retreat as investors digest Powell's inflation comments

22 Jun 2023 - Stocks fell Wednesday as investors took a breather from last week’s market rally, and weighed Federal Reserve Chair Jerome Powell’s latest comments on inflation.

ASX breaks seven-day winning streak: Aus shares close 0.58% lower

21 Jun 2023 - On Wednesday, the S&P/ASX 200 experienced its first drop in seven days, declining by 0.6 per cent. This was primarily driven by a 1.3 per cent decrease in the energy …

Dexus cuts valuations: ASX 0.22% lower at noon

21 Jun 2023 - Office and industrial property group, Dexus (ASX:DXS), has reduced the book value of its office and industrial properties by approximately $1 billion (6% reduction) d…

US stocks finish lower for second consecutive day

21 Jun 2023 - Stocks fell Tuesday, the first trading day of the week, as a rally that drove the market to levels not seen in more than a year took a breather.

ASX reaches highest closing price since April: Aus shares up 0.86%

20 Jun 2023 - The ASX experienced its seventh consecutive day of growth, primarily driven by increases in the energy, real estate, and financial sectors.

ASX up 0.44% at noon as RBA June policy meeting concludes to raise the cash rate

20 Jun 2023 - The RBA June policy meeting minutes revealed that members discussed raising the cash rate or keeping it unchanged, but ultimately decided to increase it due to the sh…

Continued market jitters keep European stocks in the red

20 Jun 2023 - The US markets were closed overnight in observation of Juneteenth. When shifting to European markets, the benchmark Stoxx 600 index closed 1% lower Monday, with almos…

ASX hits highest point in seven weeks: Aus shares close 0.56% higher

19 Jun 2023 - The ASX experienced a notable surge, reaching its highest point in a span of seven weeks, propelled by substantial growth in nine sectors among the eleven.

Oil prices decline: ASX up 0.43% at noon

19 Jun 2023 - Oil prices experienced a slight decline after recording their first weekly gain in the current month. The focus of investors has shifted towards assessing the outlook…

S&P 500 & Nasdaq record their best weekly performances since March

19 Jun 2023 - Stocks slipped on Friday as Wall Street closed out a huge week in which investors received a pause on rate hikes from the Federal Reserve, plus encouraging inflation …

Three-week high: ASX closes 1.06% higher

16 Jun 2023 - Oil prices in Asia remained stable following a significant increase on Thursday, despite concerns over higher interest rates in the US and Europe.

ASX up 0.54% after strong results from US shares overnight

16 Jun 2023 - The Technology sector recorded robust gains, rallying over 2 per cent after Apple and Microsoft each reset their record highs overnight on Wall Street.

US indexes rally as investors hope the Fed is done raising rates

16 Jun 2023 - The Dow Jones Industrial Average on Thursday rallied more than 400 points and the S&P 500 touched a fresh 13-month high, as investors bet the Federal Reserve was clos…

Longest winning streak in two months: ASX closes 0.19% higher

15 Jun 2023 - The Australian sharemarket experienced its longest winning streak in over two months as a result of interest rate cuts by China to revive its struggling economy.

ASX up 0.1% at noon as NZ falls into a recession

15 Jun 2023 - New Zealand's economy has fallen into a recession as its gross domestic product (GDP) declined by 0.1 per cent in the March quarter, marking two consecutive quarters …

S&P 500 ekes out a narrow gain as the Fed pauses rate hikes

15 Jun 2023 - Stocks gyrated on Wednesday as the Federal Reserve paused its rate-hiking campaign and signalled it was making progress on fighting inflation.

ASX closes 0.32% higher as Financial sector grows in late afternoon trading

14 Jun 2023 - During the late afternoon trading session, the financial sector experienced a notable increase in its gains.

ASX up 0.19% at noon after US indexes deliver strong results

14 Jun 2023 - In the financial markets, the S&P 500, a stock market index, increased by 0.7 per cent, while the Nasdaq index rose by 0.8 per cent, and the Dow Jones Industrial Aver…

Stocks rise: CPI for May grew at slowest annual rate since Mar' 21

14 Jun 2023 - Stocks rose Tuesday after new inflation data showed price pressures slowed again in May, adding to investor optimism that the Federal Reserve could skip a rate hike w…

Tech and Healthcare drives ASX 0.23% higher

13 Jun 2023 - At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,138.90. The rise was driven by the performance of technology and healthcare stocks.

Oil prices reached their lowest closing level since Dec 2021: ASX 0.07% higher at noon

13 Jun 2023 - At noon, the S&P/ASX 200 is 0.07% higher at 7,127.70. The Australian sharemarket experienced a decline of over 2%, mainly due to the energy sector's poor performance.…

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