ASX down 0.03% near noon: Energy is best performer

Finance News
21/06/2024 11:35:00

21 Jun 2024 - Oil is set for consecutive weekly gains as a surprise draw in US inventory levels and strong demand signaled buoyant conditions in the world's top oil consumer, with West Texas Intermediate trading above $81 a barrel and Brent near $86.

Nvidia driven rally finally runs out of steam

Finance News
21/06/2024 08:10:00

21 Jun 2024 - US markets started the trading day in positive territory with the S&P 500 briefly passing the 5,500 level for the first time ever before giving up early gains and settling lower by the close.

ASX experiences slight losses: GYG makes successful debut

Finance News
20/06/2024 16:26:00

20 Jun 2024 - On Thursday, the S&P/ASX 200 experienced slight losses despite Guzman y Gomez's successful debut, marking it as the largest IPO since November 2021.

ASX down 0.11% near noon: Guzman y Gomez IPOs at noon

Finance News
20/06/2024 11:56:00

20 Jun 2024 - Australian shares opened without much movement as the market aimed to prevent its third decline in four days this week. Meanwhile, European markets experienced a decline, and trading in Wall Street was halted due to a federal holiday.

European markets lose momentum as US closed for Juneteenth holiday

Finance News
20/06/2024 07:45:00

20 Jun 2024 - European stocks closed mostly lower as momentum stalled in the absence of direction from US markets which were closed for the Juneteenth holiday.

ASX slips 0.1%: Energy is best performing sector

Finance News
19/06/2024 16:37:00

19 Jun 2024 - Australian shares closed marginally lower on Wednesday despite a rise in energy stocks, with the S&P/ASX 200 slipping 0.1% to 7769.7 amidst subdued sector movements. Energy stocks led gains, supported by rising oil prices, while various sectors experienced modest declines, reflecting a generally quiet trading session.

ASX down 0.09% near noon: S&P 500 hits another record

Finance News
19/06/2024 11:37:00

dd May 2024 - At 11:30am, the S&P/ASX 200 is 0.09 per cent lower at 7,771. Australian shares saw modest declines despite gains in energy stocks, with the overall index experiencing a slight downturn.

Nvidia surge drives S&P 500 to new record

Finance News
19/06/2024 07:55:00

19 Jun 2024 - Another Nvidia price surge saw the AI giant hit a new share price high and surpass Microsoft to become the most valuable public company.

ASX lifts 1%: RBA decides to keep cash rate unchanged

Finance News
18/06/2024 16:34:00

18 Jun 2024 - The Australian sharemarket rose by 1 percent on Tuesday, with the S&P/ASX 200 Index closing at 7778.1 points, following the Reserve Bank's decision to keep its cash rate unchanged.

ASX up 0.92% near noon following Wall Street's gains

Finance News
18/06/2024 11:40:00

18 Jun 2024 - At 11:30am, the S&P/ASX 200 is 0.92 per cent higher at 7,771.10, mirroring a continued surge in New York where Tesla and Apple led gains in the blue-chip technology sector.

Megacap tech names lead US markets to new record

Finance News
18/06/2024 07:55:00

18 Jun 2024 - Megacap tech names led the broader market to another record close as Nvidia hit a new intraday all time high amid growing optimism about Fed rate cuts.

ASX falls by 0.3%: Cautious sentiment ahead of RBA's decision

Finance News
17/06/2024 16:25:00

17 Jun 2024 - Australian shares fell on Monday, with the benchmark S&P/ASX 200 closing 0.3% lower, led by declines in energy and mining sectors due to disappointing Chinese economic data and cautious sentiment ahead of the Reserve Bank’s rate decision.

ASX down 0.06% near noon: Aus job ads decline

Finance News
17/06/2024 11:38:00

17 Jun 2024 - Australian job advertisements, as measured by ANZ-Indeed, decreased by 2.1% in May, following a peak decline of 23.9% from November 2022, yet remaining over 20% higher than pre-pandemic levels.

Nasdaq manages a fifth straight record close

Finance News
17/06/2024 07:55:00

17 Jun 2024 - Markets trade mixed with eight of eleven sectors in the broader index falling into negative territory.

ASX down 0.35% near noon following Wall Street's surge

Finance News
14/06/2024 11:42:00

14 Jun 2024 - At 11:30am, the S&P/ASX 200 is 0.35 per cent lower at 7,722.30, following Wall Street's surge to record highs, driven by increased investor confidence in companies poised to benefit from artificial intelligence.

S&P 500 sets another record on easing inflation data

Finance News
14/06/2024 08:10:00

14 Jun 2024 - The S&P 500 and Nasdaq both set a fourth consecutive closing record as fresh inflation data pointed to a further easing in price pressures.

ASX gains 0.4%: Interest rate sensitive sectors boost Aus markets

Finance News
13/06/2024 16:30:00

13 Jun 2024 - Australian shares rebounded on Thursday, with the S&P/ASX 200 gaining 0.4% to reach 7749.7 points, driven by increases in sectors sensitive to interest rates such as property, banking, and technology.

ASX up 0.44% near noon: Australian employment rises by 39,700

Finance News
13/06/2024 11:42:00

13 Jun 2024 - In May, Australian employment rose by 39,700, reducing the unemployment rate to 4%.

S&P 500 sets new record following Fed & inflation news

Finance News
13/06/2024 08:00:00

13 Jun 2024 - The S&P 500 and the Nasdaq both hit all time highs closing at new records following the Fed’s policy announcement and May CPI numbers that pointed to easing inflationary pressures.

ASX closes 0.5% lower: Iron ore prices fall

Finance News
12/06/2024 16:34:00

12 Jun 2024 - The Australian sharemarket extended losses on Wednesday, with the S&P/ASX 200 Index dropping 0.5% amid investor anxiety over the imminent US Federal Reserve interest rate decision.

ASX down 0.69% near noon: Investors await May US CPI

Finance News
12/06/2024 11:40:00

12 Jun 2024 - At 11:30am, the S&P/ASX 200 is 0.69 per cent lower at 7,701.90, reflecting Wall Street's mixed performance where banking stocks weighed on the Dow Jones while the Nasdaq and S&P 500 were lifted by Apple's 7.3% surge.

Apple surge pushes US markets to new highs

Finance News
12/06/2024 07:50:00

12 Jun 2024 - The S&P 500 and the Nasdaq Composite hit new highs as Apple shares surged on AI news.

ASX drops 1.3%: Gold miners suffer

Finance News
11/06/2024 16:34:00

11 Jun 2024 - The sharemarket experienced a significant decline as anticipation grew for the US Federal Reserve to delay immediate rate cuts, compounded by political uncertainty stemming from far-right gains in European elections and concerns about the bloc's future.

ASX down 1.27% near noon following losses in Europe

Finance News
11/06/2024 11:54:00

11 Jun 2024 - At 11:30am, the S&P/ASX 200 is 1.27 per cent lower at 7,760.30, mirroring losses in Europe due to better-than-expected performance by far-right parties in weekend elections, and in anticipation of the US Federal Reserve's resistance to immediate rate cuts.

US markets hit new records ahead of Fed Policy meeting

Finance News
11/06/2024 07:45:00

11 Jun 2024 - Nvidia and the tech sector help the S&P 500 and Nasdaq close at new record highs as investors look to Wednesday’s Fed Policy meeting.