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Coal miners fall, Dip buyers snap up beaten tech: ASX taps 3-week high to close up 1.5%

30 May 2022 - The ASX 200 rose for a second successive day led by technology, materials and bank shares. At the closing bell, the index was 1.5% or 104 points higher at 7,287, its …

A2 Milk and Bubs jump, AGL scraps demerger, Tech bulls lead ASX up 0.9% at noon

30 May 2022 - Australian shares jumped to a 3-week high after a strong lead from Wall St. Every sector is rallying, bar utilities after AGL news. The optimism is led by technology …

All eyes on the US consumer and retail sector: Bubs Australia sells baby formula to US government

30 May 2022 - The US consumer is proving to be resilient in the face of higher inflation with a Bank of America report suggesting that negative earnings reports in the retail secto…

Aus shares post second week of gains: ASX closes 1.1% higher in broad rally

27 May 2022 - Australian shares had their best day this week buoyed by resources and travel stocks while news in the M&A space also got some attention. Wall Street provided a solid…

Appen's appeal falls as Telus drops deal, Travel stocks continue to fly: ASX up 0.9% at noon

27 May 2022 - Travel stocks are stronger for a second straight day as Australian shares rally on the back of a strong lead from Wall St. A batch of upbeat earnings reports with sev…

Wall St gains, Goldman rates Westpac, Appen, Yancoal, Adore Beauty on watch: ASX to jump

27 May 2022 - Wall St advances for a 2nd day on better than expected outlook, putting the bears to sleep. Goldman Sachs has reaffirmed its neutral rating on Westpac Banking Corp. A…

Appen's $1.2b offer sparks tech shares, Qantas takes-off: ASX closes 0.7% lower

26 May 2022 - Grocery giants were unpopular today, pushing the consumer staples sector lower as miners fell on underwhelming news about China’s economy. Australian shares had their…

Renewed China fears push miners over: ASX down 0.5% at noon

26 May 2022 - Australian shares turned lower as miners fell after investors digested that the country’s largest trading partner is faring worse than when the pandemic first emerged…

Wall St gains, Macquarie rates Super Retail, Myers, Xero, Appen, Perpetual on watch: ASX to rise

26 May 2022 - US stocks popped higher as investors felt hopeful that the economy will slow down enough for the central bank to consider adjusting its rate hiking cycle towards year…

Gold miners & Costa rally, Tech stocks sink: ASX closes 0.4% higher

25 May 2022 - The Aussie sharemarket held onto its gains today thanks to a rally in gold miners, major banks and consumer staples while most sectors ended the day slightly up. This…

ASX 200 to retest 7,200? Gold miners rally, lifts Aus shares 0.8% at noon

25 May 2022 - Australian gold miners and banks offset the fall in information tech as investors ponder if China’s covid policy outweighs stimulus support in a slowing economy.

Tech sell-off returns on Wall St, Premier, Lottery Corp, Challenger on watch: ASX to open flat

25 May 2022 - Wall St turns mixed after another volatile on Wall St. Tech selling returned as investors are in flux and are confused as if the sell off has more to go and if inflat…

Tech "Snap" tips ASX's fall as China fears mount, closes 0.3% lower

24 May 2022 - Australian shares fluctuated through gains and losses to close at session lows as investors mulled on whether the fresh stimulus from Beijing is enough to offset Chin…

Tech rout on Snap profit warning, Lottery Corp debuts: ASX up 0.1% at noon

24 May 2022 - Australian technology giants tumbled after investors pressed the sell button on Snap’s missed earnings, sending the Nasdaq futures lower as concerns mount about the t…

Wall St jumps on Biden's Asia trade deal, Block, Wesfarmers, Technology One on watch: ASX to rise

24 May 2022 - US stocks rallied into the close, a much needed rebound after almost 8 weeks of declines as investors went bargain hunting. Biden’s proposed new Asia trade pact, comm…

Mining giants put a lid on losses, RBA won't sell bonds: ASX closes 0.1% higher

23 May 2022 - The ASX eked out a gain after hearing that Beijing reported a record number of Covid-19 cases, renewing concerns the capital may face another lockdown. Beijing report…

Beijing reports record Covid cases, Tech falls, Could ASX give back gains? At noon, up 0.4%

23 May 2022 - Australian stocks extend their relief-rally, following Anthony Albanese sworn in as Australia’s 31st prime minister. Nationals voted in a new government that has earm…

Is this just a bear market or are we headed towards recession?

23 May 2022 - With S&P500 touching official ‘bear market’ territory on Friday night, leading market experts are now starting to highlight the risk of a US recession in 2023. If tha…

ASX closes up 1.2%, buoyed by tech: Aus shares snap 4-week losing streak

20 May 2022 - The ASX ended the week on a high, bouncing back from Thursday’s losses as Aussie investors shrugged off declines on Wall Street ahead of the Federal election tomorrow…

ASX jumps 1.1% on Federal election fever, BHP & Novonix soars, defying inflation fears for now

20 May 2022 - The federal election may bolster the nation’s shares regardless of who wins, if history is a guide. The ASX 200 has risen in the three months following eight of the l…

S&P 500 on cusp of bear market, Credit Suisse's view on A2 Milk, APA Group on watch: ASX to dip

20 May 2022 - Wall St closed lower as global indexes posted declines on mounting recession concerns. Shares in China bucked the trend as hopes continue to grow on the easing of loc…

Recession fears trigger equities rout, leaving retailers in the dust: ASX closes 1.7% lower

19 May 2022 - More pain for investors as a wave of selling on recession and inflation fears exacerbated by profit misses from retail giants Target and Walmart hit US markets, with …

Jobless rate to 3.9%, Aristocrat jumps as retailers tumble, inflation haunts: ASX dives 1.5% at noon

19 May 2022 - Consumer staples and discretionary stocks are leading the dive on the Australian sharemarket, shrugging off the improved labour market, giving back 3 days of gains.

S&P 500 dives to its worst day since 2020, Super Retail, Wesfarmers, Healius on watch: ASX to plunge

19 May 2022 - Wall St had a market meltdown as several retail giants posted margin pressure from rising fuel, freight costs, and soaring inflation. Westpac trades ex-dividend today…

Miners lead ASX rally, Travel stocks lift: Aus shares finish 1% higher

18 May 2022 - Australian shares closed higher for a fourth day following an overnight rally on Wall Street. The local index held on to its gains during the afternoon session, while…

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