TSLA
Tesla
-- 421.060 PLTR
Palantir
-- 80.550 NVDA
NVIDIA
-- 134.700 AMD
Advanced Micro Devices
-- 119.210 OXY
Occidental Petroleum
-- 47.130 AU Morning Wrap: ASX Slips; Miners Lead Losses
G'day, mooers! Check out the latest news on today's stock market!
• US markets closed
• ASX slips; miners lead losses
• Stocks to watch: Core Lithium, Coast Entertainment, HUB24
- Moomoo News AU
Wall Street Summary
The US market was closed for the Martin Luther King Jr. holiday, European stocks finished lower as policymakers pushed back against aggressive rate cut expectations.
AU Market Watch
Australian shares are tilting lower, tracking weakness in Europe after official reports confirmed German’s economic malaise.
At the opening bell, The $S&P/ASX 200 (.XJO.AU)$ fell 36.6 points, or 0.5 per cent to 7477.4. The All Ordinaries fell by a similar margin.
Early in trading, all sectors are in the red. Mining stocks are among the worst hit, dropping lower after iron ore prices continued to slide overnight.
Stocks to Watch
$Core Lithium Ltd (CXO.AU)$: Core Lithium is the worst performing on the benchmark, falling 6.2 per cent to 19.7¢ after analysts at Goldman Sachs cut the price target for the embattled battery metals play to 15¢. Shares are down more than 80 per cent in the last 12 months.
$Rio Tinto Ltd (RIO.AU)$: Rio Tinto has held firm on its 2024 iron ore shipment targets, after shipping 86.1 million tonnes in the final quarter of 2023. Shares are steady at $128.40.
$Coast Entertainment Holdings Ltd (CEH.AU)$: Dreamworld operator Coast Entertainment is assessing the impact of a spate of wild weather hitting Australia’s north-east coast on the company’s amusement parks. Shares are down 2.4 per cent to 41¢.
$HUB24 Ltd (HUB.AU)$: Investment platform HUB24 is 1.7 per cent lower at $36.10 after recording inflows of $4.5 billion in its December quarter.
Trading Ex-div: None
Dividends Paid: None
Listing: None
Economic Calendar (AEST):
10:30 am: Westpac Consumer Confidence (Jan)
6:00 pm: UK Unemployment (Nov)
9:00 pm: Germany ZEW Economic Sentiment Index (Jan)
12:30 am: Canada Inflation (Dec)
Source: Dow Jones Newswires, AFR
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Moomoo News AU
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