Market Reports /
by Peter Milios -
2 years ago
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.
Market Reports /
by Peter Milios -
2 years ago
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.
Market Reports /
by Peter Milios -
2 years ago
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…
Market Reports /
by Peter Milios -
2 years ago
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…
Market Reports /
by Tim McGowen -
2 years ago
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.
Market Reports /
by Peter Milios -
2 years ago
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…
Market Reports /
by Peter Milios -
2 years ago
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…
Market Reports /
by Peter Milios -
2 years ago
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…
Market Reports /
by Peter Milios -
2 years ago
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.
Market Reports /
by Peter Milios -
2 years ago
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.
Market Reports /
by Peter Milios -
2 years ago
01 Jun 2023 - Stocks fell Wednesday as investors kept an eye on the federal debt ceiling debate in Washington on the final trading day of May.
Market Reports /
by Peter Milios -
2 years ago
31 May 2023 - Australia's stock market experienced its worst day in three months due to higher-than-expected domestic CPI data and lower-than-expected China PMI data. The S&P/ASX 2…
Market Reports /
by Peter Milios -
2 years ago
31 May 2023 - The monthly inflation data for April has exceeded expectations, primarily due to the increased cost of petrol. According to the Australian Bureau of Statistics, the C…
Market Reports /
by Peter Milios -
2 years ago
31 May 2023 - The Dow Jones Industrial Average fell on Tuesday as Wall Street considered the likelihood of Congress passing a tentative deal on raising the US debt ceiling.
Market Reports /
by Peter Milios -
2 years ago
30 May 2023 - At the closing bell, the S&P/ASX 200 was 0.11 per cent lower at 7,209.30. The sectors showed mixed performance, with some experiencing small gains and others incurrin…
Market Reports /
by Peter Milios -
2 years ago
30 May 2023 - Local sharemarket has remained relatively stable as gains in the mining and telecommunications sectors were counterbalanced by declines in the banking and real estate…
Market Reports /
by Peter Milios -
2 years ago
30 May 2023 - US equity markets and the FTSE 100 were closed overnight. However European stock markets were mixed Monday after US President Joe Biden and House Speaker Kevin McCart…
Market Reports /
by Peter Milios -
2 years ago
29 May 2023 - At the closing bell, the S&P/ASX 200 was 0.87% or 62.6001 points higher at 7,217.40. This increase was driven by mining and real estate stocks, with investors reactin…
Market Reports /
by Peter Milios -
2 years ago
29 May 2023 - All sectors are up except Consumer Discretionary, sparked by the US debt ceiling deal. Overall, at noon, the S&P/ASX 200 is 1.01% higher at 7,227.30.
Market Reports /
by Peter Milios -
2 years ago
29 May 2023 - Stocks jumped on Friday as traders grew hopeful that lawmakers will reach a deal to raise the US debt ceiling, avoiding a potentially catastrophic default.
Market Reports /
by Peter Milios -
2 years ago
26 May 2023 - Sayona Mining (ASX:SYA) has launched a $200 million raising through its broker Petra Capital, offering shares at 18 cents each, which is the same price it raised at a…
Market Reports /
by Peter Milios -
2 years ago
26 May 2023 - The most recent data from the Australian Bureau of Statistics reveals that Australia's retail spending, which has been slowing down since the beginning of the year, r…
Market Reports /
by Peter Milios -
2 years ago
26 May 2023 - The S&P 500 and Nasdaq Composite jumped Thursday as investors cheered the latest quarterly results from Nvidia, fueling a rally in technology stocks. Those moves also…
Market Reports /
by Peter Milios -
2 years ago
25 May 2023 - Australia's stock market experienced its most significant declines in one and two consecutive days over a three-week period, reaching the lowest level in eight weeks.
Market Reports /
by Peter Milios -
2 years ago
25 May 2023 - Australian iron ore miners are experiencing a decline in stock prices on Thursday due to rising apprehensions about the demand for steel from China.