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Jobless rate data released: ASX down 0.24% at noon

13 Apr 2023 - In March, the jobless rate in the economy remained at 3.5 per cent, which was better than expected, and 53,000 new jobs were created, exceeding the anticipated 20,000…

Recession fears loom despite a fall in CPI data

13 Apr 2023 - Stocks fell Wednesday as recession concerns weighed on Wall Street, even as traders assessed the release of cooler-than-expected inflation data.

Strong results from Materials bellwethers boost ASX: Aus shares close 0.47% higher

12 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.47 per cent higher at 7,343.90, driven by a 1.4 per cent gain in the materials sector due to strong gains by BHP (ASX:BHP),…

Australian consumer confidence survey revealed: ASX up 0.56% at noon

12 Apr 2023 - According to the ANZ-Roy Morgan survey, Australian consumer confidence increased by 1.1 points for the week ending April 9, marking three weeks of gains after the Res…

Material stocks lead market higher on renewed M&A activity

12 Apr 2023 - Investors are bracing for a one-two punch on inflation in the coming days, starting with tomorrow’s Consumer Price Index data and Thursday’s Producer’s Price Index. T…

Information the only sector lagging: ASX closes 1.26% higher

11 Apr 2023 - At the closing bell, the S&P/ASX 200 was 1.26 per cent higher at 7,309.9. This growth was largely driven by gains in the materials sector.

All sectors trading higher: ASX up 1.3% at noon

11 Apr 2023 - At noon, the S&P/ASX 200 is 1.3 per cent higher at 7,312.50. Materials, Energy and Real Estate are leading the way, whilst Utilities has contributed the fewest gains.

Bank reporting season to provide further market volatility

11 Apr 2023 - The S&P 500 ticked slightly higher Monday as investors looked ahead to key inflation data this week.

Tech and mining shares lead as ASX closes 0.25% lower

06 Apr 2023 - Technology and mining shares led the decline before the Easter break.

Aus shares down 0.25% at noon as RBA warns of higher risk

06 Apr 2023 - The Reserve Bank of Australia's Financial Stability Review states that while the Australian financial system is strong and able to support economic activity, there ha…

Nasdaq declines as indicators point to a weakening US economy

06 Apr 2023 - The Nasdaq Composite fell on Wednesday for a third-straight losing session as investors shifted away from growth stocks amid signs that the US economy is weakening.

ASX rebounds from earlier losses to close flat

05 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.02 per cent higher at 7,237.20, with healthcare and communication sectors performing well while energy and material stocks …

ASX is down 0.04% at noon as Energy and Materials suffer

05 Apr 2023 - Losses from Energy, Materials, Real Estate and Consumer Discretionary have dragged the S&P/ASX 200 0.04 per cent lower at noon to 7,233.10.

US stocks fall after release of latest job openings report

05 Apr 2023 - The Dow Jones Industrial Average fell nearly 200 points on Tuesday as traders assessed a spike in oil prices and what that could mean for the global economy.

ASX closes 0.18% higher after RBA holds rates

04 Apr 2023 - The Reserve Bank of Australia has decided to keep interest rates unchanged at 3.6 per cent, ending a cycle of 10 consecutive rate increases. The RBA stated that while…

ASX is up 0.03% as investors await RBA decision

04 Apr 2023 - Australian shares remained stagnant before the Reserve Bank of Australia's interest rate decision at 2:30 pm AEST.

OPEC's oil cut gives the Energy sector a big boost

04 Apr 2023 - The Dow Jones Industrial Average added more than 300 points overnight, as Wall Street shows resilience despite an oil output cut from OPEC+ that threatens to stoke in…

Energy leads following OPECs cut to production: ASX closes 0.63% higher

03 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.63 per cent higher at 7,223. The energy sector led the gains. OPEC's cuts to oil production increased prices.

Energy and IT surge: ASX up 0.7% at noon

03 Apr 2023 - Energy and Information Technology are both up over 2 per cent, following gains in the sectors in the US markets on Friday.

Stocks rally into strong quarter end

03 Apr 2023 - Stocks climbed higher on Friday to end the quarter with a bang after the market got a boost after the Fed’s preferred inflation gauge showed a cooler-than-expected in…

ASX closes 0.78% higher to wrap up a solid week of trading

31 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.78 per cent higher at 7,177.80, led by the materials sector, which saw BHP Group's (ASX:BHP) shares rise by 2.5 per cent.

Gains from materials and healthcare boost ASX 0.71% at noon

31 Mar 2023 - At noon, the S&P/ASX 200 is 0.71% higher at 7,173, with materials and healthcare sectors leading the gains. Syrah Resources (ASX:SYR), Block (ASX:SQ2), and De Grey Mi…

S&P500 rises on hopes that the worst of bank crisis is over

31 Mar 2023 - The S&P 500 rose Thursday, as investors bet the worst of the regional bank crisis has passed. Weekly jobless claims increased by 7,000 to 198,000, adding to hopes tha…

Tech leads as ASX closes 1.02% higher

30 Mar 2023 - At the closing bell, the S&P/ASX 200 was 1.02 per cent higher at 7,122.30, driven by a 1.7 per cent rise in the tech sector.

Decline in job vacancies boosts ASX 1.05% at lunchtime

30 Mar 2023 - According to the Australian Bureau of Statistics, job vacancies decreased by 1.5 per cent to 438,500 in the three months to February, with the retail trade sector bei…

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