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News by Peter Milios

Peter Milios

Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research.

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Investors react to debt ceiling talks

16 May 2023 - The S&P 500 rose slightly to start the week Monday as traders assessed ongoing debt ceiling negotiations.

Resources and REITs deliver strong gains: ASX closes 0.09% higher

15 May 2023 - At the closing bell, the S&P/ASX 200 was 0.09 per cent or 6.1997 points higher at 7,262.90. The rise was primarily driven by the performance of the real estate and re…

Newcrest reaches deal with Newmont: ASX down 0.09% at noon

15 May 2023 - At noon, the S&P/ASX 200 is 0.09 per cent lower at 7,250.50. While the financial sector is weak, gains in the mining and industrial sectors are offsetting the decline…

Consumer sentiment index falls to a six-month low

15 May 2023 - The S&P 500 fell Friday as concerns around the US economy dampened investor sentiment. The S&P 500 and Dow fell for a second consecutive week, down 0.29% and 1.11%, r…

A guide to the rare earths market

13 May 2023 - The rare earth elements (REE) comprise a group of seventeen metallic elements, including the fifteen lanthanides present in the periodic table, along with scandium an…

ASX snaps three-week losing streak: Aus shares close 0.07% higher

12 May 2023 - The Australian sharemarket ended its three-week losing streak with a small gain on Friday. The S&P/ASX 200 index closed at 7256.70 points, up by nearly 0.1 per cent. …

Aus dollar weaker: ASX down 0.14% at noon

12 May 2023 - The Australian dollar experienced a decline due to a "risk-off" sentiment in the market. Concerns about the US banking sector and signs of weakness in both the US and…

Economic data points to a slowing US economy

12 May 2023 - Equity markets fell overnight with economic data supporting the narrative that rate rises are starting to slow the US economy.

IT leads: ASX closes 0.05 per cent lower

11 May 2023 - At the closing bell, the S&P/ASX 200 was 0.05 per cent lower at 7,251.90. The utilities sector experienced losses, which offset the gains made by information technolo…

ASX down 0.19% at noon despite strong results overnight in the US

11 May 2023 - At noon, the S&P/ASX 200 is 0.19% lower at 7,241.90. At the beginning of the session, the dollar stood at approximately 67.90 cents against the US currency.

Indexes mixed as CPI data for April is released

11 May 2023 - A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that the cost of living will head lower later this yea…

ASX falls 0.12% as financials sector suffers

10 May 2023 - The S&P/ASX 200 fell 0.12 per cent to 7255.7 on Wednesday, weighed down by losses across the financials sector.

ASX drops 0.22% after last night's budget

10 May 2023 - The Albanase government announced the budget last night. The winners in the federal budget include low-income earners, JobSeeker recipients, small businesses, renters…

Major indexes lower as investors await key inflation reports

10 May 2023 - Stocks closed lower Tuesday as investors readied for key inflation reports due later in the week and progress on the US debt limit.

REITs weigh on the ASX: Aus shares close 0.17% lower

09 May 2023 - At the closing bell, the S&P/ASX 200 was 0.17 per cent lower at 7,264.10, with real estate stocks weighing down the market.

Aus retail sales declined in line with expectations: ASX down 0.27% at noon

09 May 2023 - Australia's retail sales volume in the March quarter declined by 0.6%, in line with expectations, marking the second consecutive quarterly decrease, attributed to ong…

Markets flat as debt ceiling looms

09 May 2023 - The S&P 500 closed near the flat line on Monday as investors looked ahead to pivotal inflation readings.

Energy, Materials, Tech lead: ASX closes 0.74% higher

08 May 2023 - Australian shares experienced their most significant increase in four weeks following a surge in the US market due to short covering in banks. This occurred despite a…

Lithium markets reached a turning point: ASX up 0.6% at noon

08 May 2023 - At noon, the S&P/ASX 200 is 0.60 per cent higher at 7,263.40 following strong results from the US markets on Friday. US stocks experienced a surge as regional bank sh…

Stocks surge on Apple earnings: Short squeeze bolsters US regional banks

08 May 2023 - Stocks popped on Friday as regional bank shares climbed off their lows and market-darling Apple jumped after posting better-than-expected quarterly earnings.

EV makers must intensify efforts to aid lithium players

06 May 2023 - Street talk has revealed that a mystery bidder has outbid Albemarle’s (NYSE:ALB) $2.50 per share offer for Liontown Resources (ASX:LTR).

ASX closes 0.4% higher as US futures rise

05 May 2023 - The S&P/ASX 200 index finished 0.4 per cent higher at 7,220 points as a result of the rise in US futures due to Apple's better-than-expected results. This gain in the…

Results from Macquarie & ANZ: ASX 0.11% higher

05 May 2023 - At noon, the S&P/ASX 200 is 0.11% higher at 7,200.80. Macquarie Group (ASX:MQG) reported a record profit of $5.18 billion for the year ending March 31, up 10% from th…

Stocks of the Hour: Splitit Payments, ImpediMed, Magnetite Mines

05 May 2023 - A snapshot of the stocks on the move featuring Splitit Payments (ASX:SPT), ImpediMed Limited (ASX:IPD) and Magnetite Mines (ASX:MGT).

US regional banks continue to tumble amid ongoing crisis

05 May 2023 - Stocks declined Thursday, as contagion fears in the regional bank space were reignited.