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ASX down 0.91% at noon following US CPI data

15 Feb 2023 - The ASX 200 headed directly downward from the open, after overnight news that CPI data came in higher than expected. At noon, the S&P/ASX 200 is 0.91 per cent lower a…

S&P 500 falls after higher-than-expected CPI data

15 Feb 2023 - Stocks wavered Tuesday and the Dow fell, reversing earlier gains, after the January consumer price index report showed that inflation grew at a higher-than-expected 6…

ASX closes 0.18% higher ahead of Wall Streets CPI data

14 Feb 2023 - Blurb

Healthcare pushes ASX 0.4% higher at noon

14 Feb 2023 - On the back of gains from Communication Services, Information Technology and Healthcare, at noon, the S&P/ASX 200 is 0.40% higher at 7,447.3.

Markets rise as Super Bowl advertisements highlight changing market dynamics

14 Feb 2023 - Stocks rose Monday as traders looked ahead to Tuesday’s key inflation report, regaining their footing after the S&P 500 and Nasdaq Composite suffered their worst week…

Energy's efforts are not enough to lift the ASX

13 Feb 2023 - The ASX 200 index fell by 0.2 per cent to 7417.8 today, due to a decrease in the consumer discretionary sector. However, Energy closed 1.78 per cent higher as Russia …

ASX opens lower following the S&P500's worst week in 2 months

13 Feb 2023 - So far, the energy sector is showing the strongest performance, driven by a surge in oil prices following Russia's announcement to decrease its daily oil production b…

S&P 500 closes worst week in two months: All eyes await January's CPI data

13 Feb 2023 - The S&P 500 eked out a narrow gain in Friday’s session but still had the worst week in nearly two months. Investors digested the most recent interest rate hike, econo…

ASX closes 0.8% lower as UBS lift their cash rate peak forecast

10 Feb 2023 - UBS Chief Economist George Tharenou has revised his peak cash rate forecast to 3.85 per cent in mid-2023, up from a previous forecast of 3.35 per cent in mid-February…

ASX down despite RBA comments that inflation has likely peaked

10 Feb 2023 - The Reserve Bank of Australia has revised its inflation forecasts, stating that the rapidly rising prices in the country have probably peaked. The central bank upgrad…

US stocks weighed down by poor performances from Alphabet and Meta

10 Feb 2023 - Stocks fell Thursday, giving up early advances as concerns over the Federal Reserve's future moves on monetary policy offset excitement around the latest batch of cor…

Aus dollar increases: ASX closes 0.53% lower

09 Feb 2023 - The Australian dollar has increased by 0.5 per cent due to improved investor sentiment and speculation about a possible interest rate cut by the Chinese central bank.…

The ASX declines by 0.2% at noon amid concerns that recession is looming in the US

09 Feb 2023 - Australia's share market trimmed most of its early decline as US futures slightly rose. The S&P/ASX 200 index decreased by 0.2% at 7512 around midday, after initially…

US stocks fall after the release of more corporate earnings

09 Feb 2023 - US stocks slid Wednesday as investors returned focus to the latest batch of corporate earnings. Wall Street also continued to weigh the outlook for future Federal Res…

Sectors mixed as ASX edges 0.35% higher

08 Feb 2023 - Financials and Materials led the pack, whilst Consumer Staples and Healthcare were today’s laggards.

ASX up 0.29% at noon as Fed signals inflation is declining

08 Feb 2023 - Australia's S&P/ASX 200 index is 0.29 per cent higher at 7,526 after an early rise, with gains in financials, materials, and energy offset by losses in consumer stapl…

Fed Chair rhetoric supports markets as tech layoffs continue

08 Feb 2023 - Stocks advanced Tuesday following Federal Reserve Chair Jerome Powell’s comments that inflation was on the decline.The Fed Chair repeated post-FOMC meeting messaging…

ASX closes 0.46% lower after RBAs 25 basis point hike

07 Feb 2023 - The Reserve Bank of Australia has raised the official interest rate for the ninth consecutive time to 3.35 per cent. The bank indicated that more rate hikes may be ne…

ASX up 0.12% at noon as investors await this afternoon's RBA meeting

07 Feb 2023 - Investors are cautious as they await the outcome of the Reserve Bank's meeting and examine local earnings updates. As a result, the Australian sharemarket remains mos…

Big tech companies are announcing in-house AI projects

07 Feb 2023 - US stocks fell Monday as investors grew increasingly cautious of rising bond yields, while watching the latest batch of corporate earnings. Investors will also watch …

Property sector leads ASX 0.3% lower

06 Feb 2023 - Large property players Goodman Group (ASX:GMG), Dexus (ASX:DXS), Mirvac Group (ASX:MGR) and Charter Hall (ASX:CHC) have all suffered losses in today’s session.

ASX 0.1% lower at noon after all US indices fell over the weekend

06 Feb 2023 - All sectors besides Energy and Materials are trading lower today, after the US sectors fell on Friday due to a strong jobs report, which caused some investors to worr…

Bleak news from major tech companies not enough to spoil Nasdaq's winning streak

06 Feb 2023 - Stocks fell on Friday due to a strong jobs report, causing some investors to worry about the Federal Reserve continuing to raise interest rates. The seemingly endless…

ASX trading 0.37% higher at noon after S&P 500 rises to its highest level in 5 months

03 Feb 2023 - At noon, the S&P/ASX 200 is 0.37% higher at 7,539.60. Coal miners are facing pressure as coal prices decrease, with Whitehaven and New Hope both lower. CSL shares ros…

Meta drives Nasdaq higher: After hours earnings reports mixed

03 Feb 2023 - The S&P 500 rose to its highest level in five months on Thursday as better-than-expected Meta results further improved sentiment around technology shares, which led t…

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