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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.…

S&P 500 jumps as investors believe the Fed will pause rate hikes

13 Jun 2023 - The S&P 500 jumped to its highest level in 13 months on Monday as traders hoped the Federal Reserve will skip hiking rates when the central bank decides on policy Wed…

Oil prices continue to fall: ASX 0.27% higher at noon

09 Jun 2023 - Overnight, the S&P 500 experienced a 0.6 per cent increase, signalling its entry into a bull market. Similarly, the Nasdaq rose by 1 per cent, and the Dow Jones saw a…

S&P 500 hits highest closing level in 2023

09 Jun 2023 - Stocks climbed Thursday as the market built on its recent gains, and traders looked ahead to key inflation data next week as well as the Federal Reserve’s latest poli…

Tech and Real Estate weigh down index: ASX closes 0.26% lower

08 Jun 2023 - At the closing bell, the S&P/ASX 200 was 0.26 per cent lower at 7,099.70. The drop was mainly driven by losses in the technology and real estate sectors.

Bond yields surge: ASX 0.09% lower at noon

08 Jun 2023 - At noon, the S&P/ASX 200 is 0.09 per cent lower at 7,111.50, as certain sectors sensitive to interest rates declined, while commodity sectors saw gains due to rising …

US stocks react to reports on global economy

08 Jun 2023 - The S&P 500 and Nasdaq Composite closed lower Wednesday, with the broad market index fluctuating near its highest closing levels since August 2022.

Energy sector tumbles: ASX closes 0.16% lower

07 Jun 2023 - At the closing bell, the S&P/ASX 200 was 0.16 per cent lower at 7,118.00. The energy sector was the worst performing, down 0.7 per cent.

GDP grew by 0.2% in March quarter: ASX up 0.07% at noon

07 Jun 2023 - According to the Australian Bureau of Statistics, Australia's economy grew by 0.2 per cent in the first quarter of the year, compared to 0.6 per cent in the previous …

US SEC cracks down on Binance and Coinbase

07 Jun 2023 - The S&P 500 advanced modestly on Tuesday to its highest close since 2023 began as Wall Street digested a recent rally that led the broad index to its highest level in…

ASX closes 1.2% lower as RBA decides to lift cash rate 25 basis points

06 Jun 2023 - At the closing bell, the S&P/ASX 200 was 1.2 per cent lower at 7,144.50, after the Reserve Bank's decision to lift the cash rate by 0.25 per cent.

ASX 0.7% lower as investors await RBA's interest rate decision

06 Jun 2023 - At noon, the S&P/ASX 200 is 0.7 per cent lower at 7,165.50 as traders await the Reserve Bank of Australia’s interest rate decision at 2.30pm.

Markets react as investors focus on Fed's target to bring down inflation

06 Jun 2023 - The S&P 500 finished lower on Monday, erasing earlier gains that brought the benchmark index to trade at its highest level on an intraday basis in nine months.

Miners surge due to high iron ore prices: ASX closes 1% higher

05 Jun 2023 - At the closing bell, the S&P/ASX 200 was 1.00 per cent higher at 7,216.30. The increase was driven by the mining and consumer discretionary sectors, which offset loss…

Australia's inventories increased for the March Qtr: ASX 1.05% higher at noon

05 Jun 2023 - In the March quarter, Australia's inventories increased by 1.2 per cent compared to the previous quarter, surpassing Bloomberg's predicted 0.3 per cent growth. On the…

Markets surge in debt ceiling resolution: US business leaders push into China

05 Jun 2023 - The ASX looks like starting with gusto later this morning after a big end to the week on Wall Street on Friday.

ASX increased by 0.48% after US Senate passes debt ceiling legislation

02 Jun 2023 - The US Senate has passed comprehensive legislation that suspends the $US31.4 trillion debt ceiling and includes federal spending cuts. This legislation supports a bip…

ASX jumps 0.37% at noon as lithium miners surge

02 Jun 2023 - At noon, the S&P/ASX 200 is 0.37 per cent higher at 7,137.3, with mining stocks leading the march. Sentiment for risk assets had improved in Wall Street on optimism t…

US stocks jump as debt ceiling looks to pass through Senate by week's end

02 Jun 2023 - US stocks reached a nine-month high on Thursday as lawmakers in Washington boosted traders’ hopes that the debt ceiling will pass through the Senate by the end of the…

Aus sectors mixed as ASX gains 0.3%

01 Jun 2023 - Despite weak international cues, Australia's share market managed to close slightly higher as the US debt ceiling bill was passed in the House.

ASX jumps 0.22% as US House passes debt ceiling bill

01 Jun 2023 - The Australian sharemarket has rebounded from earlier losses and is now higher after the US House of Representatives passed the debt ceiling bill.

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