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Columns Major Sell-Off Following Intel and Amazon Results, Labor Market in July Slowed | moovin Stonks
Good morning, traders. Happy Friday, August 2nd. The month started with a red day, and now for a second day in a row, equities in the U.S. are falling hard. Eight out of 11 S&P Global sectors are in the red today, led by Internet Content and Semiconductor companies. My name is Kevin Travers, it is a major pullback day; here are stories from the herd on Wall St today, here are moovin' stonks
Tech is lead...
Tech is lead...
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onthefence
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Australia’s core inflation unexpectedly decelerated last quarter, supporting the Reserve Bank’s view that prices will gradually ease and prompting money markets to boost bets on an interest-rate cut. The currency and bond yields dropped.
Traders abandoned wagers on policy tightening at the RBA’s meeting next week after the closely-watched trimmed mean inflation gauge, which smooths out volatile items, advanced 3.9% in the second quarter fr...
Traders abandoned wagers on policy tightening at the RBA’s meeting next week after the closely-watched trimmed mean inflation gauge, which smooths out volatile items, advanced 3.9% in the second quarter fr...
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onthefence
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G'day, mooers! Check out the latest news on today's stock market!
• The S&P 500 fell Tuesday, dragged lower by declines in megacap tech stocks, as investors braced for quarterly reports from names in that cohort. Traders also set their eyes on Washington as the Federal Reserve began its latest policy meeting.
• Australian shares opened higher before the key June quarter inflation data to gauge whether further tightening fr...
• The S&P 500 fell Tuesday, dragged lower by declines in megacap tech stocks, as investors braced for quarterly reports from names in that cohort. Traders also set their eyes on Washington as the Federal Reserve began its latest policy meeting.
• Australian shares opened higher before the key June quarter inflation data to gauge whether further tightening fr...
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onthefence
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• Top gainers: $IDP Education Ltd (IEL.AU)$ $ResMed Inc (RMD.AU)$ $Breville Group Ltd (BRG.AU)$
• Top losers: $Fortescue Ltd (FMG.AU)$ $Arcadium Lithium PLC (LTM.AU)$ $Audinate Group Ltd (AD8.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.5% lower at 7953.2, trimming its week-opening gains ahead of the release of key inflation data on Wednesday. Nine out of eleven sectors ended in the red as traders an...
• Top losers: $Fortescue Ltd (FMG.AU)$ $Arcadium Lithium PLC (LTM.AU)$ $Audinate Group Ltd (AD8.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.5% lower at 7953.2, trimming its week-opening gains ahead of the release of key inflation data on Wednesday. Nine out of eleven sectors ended in the red as traders an...
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onthefence
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Good afternoon, traders. It's finally Friday, July 26; the market is open, and prices are taking back some losses felt in a pullback midweek.
My name is Kevin Travers, here are stories from the herd on Wall St today.
$3M (MMM.US)$ lifted the low end of its full-year earnings outlook on Friday after reporting second-quarter results above market estimates, it flew 19%, yanking the Dow higher as the highest advancer.
$DexCom (DXCM.US)$ fell 41%,...
My name is Kevin Travers, here are stories from the herd on Wall St today.
$3M (MMM.US)$ lifted the low end of its full-year earnings outlook on Friday after reporting second-quarter results above market estimates, it flew 19%, yanking the Dow higher as the highest advancer.
$DexCom (DXCM.US)$ fell 41%,...
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onthefence
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Aussie shares fell sharply on Thursday to record the worst day in 6-weeks. The ASX200 closed 103 pts or 1.3% lower to 7,861. All 11 sectors were in the red. Tech (-2.7%) and consumer stocks (-2%) were the worst performers, while energy and property sectors also heavily weighed. $S&P/ASX 200 (.XJO.AU)$
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• Top gainers: $Insignia Financial Ltd (IFL.AU)$, $Super Retail Group Ltd (SUL.AU)$, $Pinnacle Investment Management Group Ltd (PNI.AU)$
• Top losers: $Woodside Energy Group Ltd (WDS.AU)$, $Emerald Resources NL (EMR.AU)$, $Paladin Energy Ltd (PDN.AU)$
Market Performance
The Australian $S&P/ASX 200 (.XJO.AU)$ index concluded the trading session with a modest 0.5% gain, ending at 7971.1, buoyed by a resurgence in the financial sector. T...
• Top losers: $Woodside Energy Group Ltd (WDS.AU)$, $Emerald Resources NL (EMR.AU)$, $Paladin Energy Ltd (PDN.AU)$
Market Performance
The Australian $S&P/ASX 200 (.XJO.AU)$ index concluded the trading session with a modest 0.5% gain, ending at 7971.1, buoyed by a resurgence in the financial sector. T...
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onthefence
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G'day, mooers! Check out the latest news on today's stock market!
• Nvidia, Tesla, rest of Mag 7 lift stock market higher
• Australian stock market gains momentum with tech rally
• Stocks to watch: Woodside Energy, Transurban, Brainchip
Wall Street Summary
The $S&P 500 Index (.SPX.US)$ recovered from its biggest weekly slump since April, and the $Nasdaq Composite Index (.IXIC.US)$ rebounded, buoyed by gains in $NVIDIA (NVDA.US)$...
• Nvidia, Tesla, rest of Mag 7 lift stock market higher
• Australian stock market gains momentum with tech rally
• Stocks to watch: Woodside Energy, Transurban, Brainchip
Wall Street Summary
The $S&P 500 Index (.SPX.US)$ recovered from its biggest weekly slump since April, and the $Nasdaq Composite Index (.IXIC.US)$ rebounded, buoyed by gains in $NVIDIA (NVDA.US)$...
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onthefence
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G'day, mooers! Check out the latest news on today's stock market!
• The Dow Jones Industrial Average and the S&P 500 closed at record highs Tuesday
• ASX 200 to open at record highs, Russell 2000 jumps 3%, Gold prices surge
• Stocks to watch: SGR, BHP, CTT, WAF, GMG
Wall Street Summary
The Dow Jones Industrial Average and the S&P 500 closed at record highs Tuesday. Both indexes also hit all-time intraday highs just before 3 pm EST. Shor...
• The Dow Jones Industrial Average and the S&P 500 closed at record highs Tuesday
• ASX 200 to open at record highs, Russell 2000 jumps 3%, Gold prices surge
• Stocks to watch: SGR, BHP, CTT, WAF, GMG
Wall Street Summary
The Dow Jones Industrial Average and the S&P 500 closed at record highs Tuesday. Both indexes also hit all-time intraday highs just before 3 pm EST. Shor...
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onthefence
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The Australian share market is flat on Tuesday morning, after breaching the 8,000 point mark for the first in yesterday's session.
4 of 11 sectors are easing, with miners down most dragged by $BHP Group Ltd (BHP.AU)$ , $Rio Tinto Ltd (RIO.AU)$ & $Fortescue Ltd (FMG.AU)$ .
Gains from financials are offsetting the declines.
4 of 11 sectors are easing, with miners down most dragged by $BHP Group Ltd (BHP.AU)$ , $Rio Tinto Ltd (RIO.AU)$ & $Fortescue Ltd (FMG.AU)$ .
Gains from financials are offsetting the declines.
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