G'day, mooers! Check out the latest news on today's stock market! • Bitcoin Climbs to Fresh High, US Market Shifts into Climb • Amcor Experiences Dip On $13b Tie-Up • Stocks to watch: PDN, WJL Wall Street Summary U.S. equities largely rebounded after an initial dip following the Ukraine-Russia conflict, with Nvidia playing a significant role in driving the$Nasdaq Composite Index (.IXIC.US)$higher. By the close of trading, the Nasdaq Composite I...
Markets ready for fewer rate cuts, as Trump takes control Every day since Trump won the US election, the US Fed Funds Futures have suggested that we should also expect less and less US interest rates cuts are ahead. And now Donald Trump’s Republican Party looks set to control the US Congress, meaning Trump has...
The bull market is on a tear, gaining fresh momentum for another run up US stocks last week wrapped up their best week of the year on bets that Trump will bolster US businesses by reducing taxes and regulation. This comes as US consumer sentiment has risen to its highest level in seven months, with American...
US stocks and bitcoin hit their highest levels in history this week after Donald Trump was elected and the central bank cut interest rates. The Nasdaq$NASDAQ 100 Index (.NDX.US)$is now up 28% this year after rising 5% Monday to Thursday. While Australia’s market$S&P/ASX 200 (.XJO.AU)$only rose 2.3% this week. It’s now up just 9% this year. So this begs the qu...
Stocks and crypto assets roared to their highest levels in history as markets celebrated Donald Trump winning a second term as US president Investors appeared to be buying everything and anything that’s a risk asset and could bode well from Trump’s pro-business stance, with less regulation and taxes. The three major indices surg...
Markets appear to be pricing in a Trump landslide victory Global stocks, along with metal and energy commodities, marched higher after Joe Rogan endorsed Trump following Musk’s interview. Bitcoin rose 3.6%. The US dollar fell 0.4%, allowing other G-10 currencies to gain. The S&P 500 rose 1.2%, with all sectors up, w...
Aussies want the RBA to cut rates today, but they probably won’t be cutting rates until maybe September next year. BUT the markets are focused on who will win the US election; they want certainty and for the Fed to cut rates as expected later this week. This time tomorrow, we will probably know who has won the US electi...
Top losers: $Neuren Pharmaceuticals Ltd (NEU.AU)$, $Cettire Ltd (CTT.AU)$and $New Hope Corp Ltd (NHC.AU)$
On Wednesday, $S&P/ASX 200 (.XJO.AU)$ declined due to escalating geopolitical tensions. The S&P/ASX 200 Index finished the day down by 47.7 points, or 0.6%, at 8,326.3 points. This d...
• Bitcoin Climbs to Fresh High, US Market Shifts into Climb
• Amcor Experiences Dip On $13b Tie-Up
• Stocks to watch: PDN, WJL
Wall Street Summary
U.S. equities largely rebounded after an initial dip following the Ukraine-Russia conflict, with Nvidia playing a significant role in driving the $Nasdaq Composite Index (.IXIC.US)$ higher. By the close of trading, the Nasdaq Composite I...
Top losers: $Contact Energy Ltd (CEN.AU)$, $Neuren Pharmaceuticals Ltd (NEU.AU)$ and $Pilbara Minerals Ltd (PLS.AU)$
On Tuesday, a surge in technology and energy shares propelled the Australian stock market to an all-time high at the close. The key $S&P/ASX 200 (.XJO.AU)$ increased by 0.89%, or 73.8 ...
Every day since Trump won the US election, the US Fed Funds Futures have suggested that we should also expect less and less US interest rates cuts are ahead. And now Donald Trump’s Republican Party looks set to control the US Congress, meaning Trump has...
US stocks last week wrapped up their best week of the year on bets that Trump will bolster US businesses by reducing taxes and regulation. This comes as US consumer sentiment has risen to its highest level in seven months, with American...
Investors appeared to be buying everything and anything that’s a risk asset and could bode well from Trump’s pro-business stance, with less regulation and taxes. The three major indices surg...
Global stocks, along with metal and energy commodities, marched higher after Joe Rogan endorsed Trump following Musk’s interview. Bitcoin rose 3.6%. The US dollar fell 0.4%, allowing other G-10 currencies to gain. The S&P 500 rose 1.2%, with all sectors up, w...
This time tomorrow, we will probably know who has won the US electi...
No comment yet