Finance News Network

Market Reports

ASX closes 0.4% higher, but ends week 0.3% lower

03 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.39 per cent higher at 7,283.60, supported by gains in mining and energy stocks, which were boosted by hopes of increased de…

ASX 0.3% higher at noon after big gains from US stocks overnight

03 Mar 2023 - A day after the release of the decreasing housing approvals, new owner-occupier first home loan commitments in Australia dropped by 8.1 per cent to the lowest level s…

US stocks rise: Tesla's investor presentation disappoints

03 Mar 2023 - Stocks rose Thursday in an afternoon rally as traders tried to shake off concerns over higher interest rates.

Energy and Materials help boost ASX 0.05% higher

02 Mar 2023 - All sectors except for Energy and Materials closed lower in today’s trading session. However, big gains in these sectors helped the S&P/ASX 200 close 0.05 per cent hi…

S&P 500 closes lower as investors digest Feb's losses

02 Mar 2023 - The S&P 500 fell overnight, as traders struggled to recover their footing following a losing month and that bond yields have continued their climb. The moves came as …

ASX closes 0.1% lower on same day GDP data released

01 Mar 2023 - Following weaker than expected GDP data, the S&P/ASX 200 Index closed the day down by 0.1 per cent at 7251.6 points.

ASX down 0.12% at noon as CPI and GDP decrease from prior month

01 Mar 2023 - The Consumer Price Index (CPI) for January showed a 7.4 per cent increase compared to the same time last year, which is lower than the 8.4 per cent increase in Decemb…

Despite a solid start to the year for stocks, major US indexes fall in Feb

01 Mar 2023 - The major averages fell on Tuesday to round out a tough month for the stock market. Despite a solid start to the year, the major indexes are on pace for their second …

Aus shares close 0.47% higher as ASX falls 2.9% over February

28 Feb 2023 - Australian shares rebounded slightly, with the S&P/ASX 200 index ending up 0.5 per cent at 7258.4 after rising to 7273.6 following a fall earlier in the month. The in…

ASX 0.45% higher at noon as retail sales data beats forecasts

28 Feb 2023 - Australian retail sales increased by 1.9 per cent in January, beating the forecast of 1.5 per cent gain, after a 4 per cent drop in December which was revised from th…

Stocks rebound from yesterday's huge loss: Twitter in more shambles

28 Feb 2023 - Stocks rose Monday as traders tried to recover some ground following the worst week of the year on Wall Street. Investors also looked ahead to another big week in ret…

Aus shares closed 1.1% lower as mining suffers big losses

27 Feb 2023 - On Monday, the S&P/ASX 200 index dropped 1.1 per cent, or 82.2 points, to 7224.8, primarily due to significant losses in the mining sector.

ASX tumbles 1.47% at noon after US closes worst trading week of 2023

27 Feb 2023 - The Australian stock market is experiencing its most challenging day in the last ten weeks. The S&P/ASX 200 index dropped by 1.5 per cent, reaching a low of 7290, whi…

US stocks wrap up worst week of 2023

27 Feb 2023 - US stocks fell sharply Friday, wrapping up their worst week of 2023, after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in…

Four sectors trading at least 1% higher as ASX is up 0.35% at noon

24 Feb 2023 - Industrials, Information Technology, Utilities and Real Estate are trading at least 1 per cent higher, responding off of strong figures from the US markets overnight.

Big gains from chip stock Nvidia boosts markets

24 Feb 2023 - Stocks closed higher amid volatile trading Thursday as investors remained concerned about the path of the Federal Reserve’s rate hikes. The moves came a day after the…

ASX closes 0.4% lower, unable to recoup losses from noon

23 Feb 2023 - The Australian sharemarket closed lower for a third consecutive session due to an earnings miss by Rio Tinto (ASX: RIO) and concerns about inflation following the Fed…

ASX down 0.4% at noon as Materials get hit

23 Feb 2023 - Materials is down 1.79 per cent at noon, as heavy hitters, BHP (ASX:BHP), Rio Tinto (ASX: RIO) and South32 (ASX:S32) suffer losses to start the day of trade. Qantas (…

Much more evidence is required to show that inflation is cooling

23 Feb 2023 - Stocks were mostly weaker Wednesday as traders parsed through a summary of the Federal Reserve’s most recent meeting, looking for clues on the central bank’s next mov…

Pizza suffers record loss: ASX finishes 0.3% lower

22 Feb 2023 - Consumer discretionary stocks dragged down Australian shares, causing a 0.3 per cent drop in the S&P/ASX 200, which has hit a six-week low.

ASX falls 0.5% at noon after wage growth forecasts miss targets

22 Feb 2023 - Underwhelming wage growth and disappointing results from US markets caused the S&P/ASX 200 to sink 0.49 per cent lower to 7,300.20 at noon.

US stocks get battered as rates continue to pressure market sentiment

22 Feb 2023 - US stocks dropped Tuesday as higher rates continue to pressure market sentiment, and the latest batch of retail earnings raised concern about the state of the consume…

Information Technology, Communication Services drag ASX 0.21% lower at close

21 Feb 2023 - The ASX continued on an upswing from lunch. However, it was not enough to lift the ASX higher. Overall, at the closing bell, the S&P/ASX 200 was 0.21 per cent lower a…

ASX 0.68% lower at noon as the RBA considers 0.5% rise

21 Feb 2023 - The Reserve Bank of Australia considered raising the cash rate by 0.5 percentage points due to concerns that high inflation may persist, leading to higher interest ra…

US markets closed: YTD figures are currently strong

21 Feb 2023 - Overnight, the US stock and bond markets were closed, on account of Presidents' Day. We thought we'd update you on where markets stand calendar year to date. YTD, the…

Prior Page Next Page