Markets are weigh up the three Cs. Chips are rising again. China stimulus sends stocks charging causing a once in a generation investment opportunity moment. And concerns over Israel creep up. Traders grow concerned that Israel could retaliated against Iran’s ballistic attack. So Oil prices are up for the third day now, at $71 a barrel with traders betting oil could hit $100. ASX Stocks like Karoon Energy$Karoon Energy Ltd (KAR.AU)$are up 13...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 Closes Flat • ASX Inches Higher • Stocks to watch: PLS, WBC, GYG, etc. Wall Street Summary The market fell Wednesday morning but moved toward a flat sideways crawl by the afternoon. The$S&P 500 Index (.SPX.US)$climbed 0.01%, the$Dow Jones Industrial Average (.DJI.US)$climbed 0.09%, and the$Nasdaq Composite Index (.IXIC.US)$climbed 0.08%. US September ADP Nonfarm Emp...
The setup for Australian stocks, commodities, and China-facing stocks listed in the US could not look more bullish. And it seems we’re witnessing the birth of a brand-new bull market. What are we seeing? Iron ore prices rose 10% on Monday, seeing the price of the key iron ore ingredient break out of its downtrend to US$112. Australia’s share market$S&P/ASX 200 (.XJO.AU)$hit a record all-time high on Monday after rising for three consecutive weeks. China's mar...
The Dow Jones blue-chip index$Dow Jones Industrial Average (.DJI.US)$hit a brand-new record high of 42,063. The big 30 US stocks index was the only index with a gain, in a league of its own as global stocks bowed down despite the Fed cutting interest rates. Global stocks fell as options expiry hit markets, along with end-of-quarter rebalancing. Adding to weak sentiment, the US is said to be planning rules t...
There's a lot to unpack after the Fed made a “strong” 0.5% rate cut. It will echo through global markets, as will the Fed' slower economic growth and higher unemployment estimates (see below*). While investors will weigh up how much the Fed's further ~2% of rate cuts coming down the line could support global markets and asset prices. There's a lot to assess over the coming weeks and months. But it's fair to say ‘sell ...
$S&P/ASX 200 (.XJO.AU)$American market tanks Europe to after cuts then to recovery in ah funny screwed me both way my calls screwed now my puts perfectly America markets are fully rigged
Anybody mentioned the daily fluctuation of ASX?$S&P/ASX 200 (.XJO.AU)$Get mirrored by the US stock market. Though not as bad as the Black Monday last month but still looks bloody. The question lingers: Is this a temporary setback or a harbinger of further turbulence? I got some considerations: 1. Australia's GDP: The 0.2% QoQ and 1% YoY growth is in line with expectations, suggesting a steady but not overly robust economy. 2. RBA Interest Rate Decision: The consensus is for no change in rate...
Traders grow concerned that Israel could retaliated against Iran’s ballistic attack. So Oil prices are up for the third day now, at $71 a barrel with traders betting oil could hit $100. ASX Stocks like Karoon Energy $Karoon Energy Ltd (KAR.AU)$ are up 13...
• S&P 500 Closes Flat
• ASX Inches Higher
• Stocks to watch: PLS, WBC, GYG, etc.
Wall Street Summary
The market fell Wednesday morning but moved toward a flat sideways crawl by the afternoon.
The $S&P 500 Index (.SPX.US)$ climbed 0.01%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.09%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.08%.
US September ADP Nonfarm Emp...
What are we seeing? Iron ore prices rose 10% on Monday, seeing the price of the key iron ore ingredient break out of its downtrend to US$112. Australia’s share market $S&P/ASX 200 (.XJO.AU)$ hit a record all-time high on Monday after rising for three consecutive weeks. China's mar...
• Top losers: $Light & Wonder Inc (LNW.AU)$ $Tabcorp Holdings Ltd (TAH.AU)$ $Summerset Group Holdings Ltd (SNZ.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.1% lower at 8142.0 after the Reserve Bank of Australia held interest rates steady at 4.35%, diverging from other central banks that are beginning to ease r...
I got some considerations:
1. Australia's GDP: The 0.2% QoQ and 1% YoY growth is in line with expectations, suggesting a steady but not overly robust economy.
2. RBA Interest Rate Decision: The consensus is for no change in rate...
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