The RBA is set to release its February monetary policy decision on February 18. The market now sees a 90% chance of a 25 basis point rate cut, which would bring the cash rate down from 4.35% to 4.10%. If the RBA cuts rates in February, it would mark the first rate cut since the cash rate was raised to 4.35% in November 2023, and the first in over four years, signaling Australia's official entry into a rate-cutting cycle. RBA rate cu...
G'day, mooers! Check out the latest news on today's stock market! • Nasdaq hits new milestone as big tech stocks climb; Dow inches down; Bitcoin touches new heights. • Australian shares flat amid oil price decline and China's economic concerns; Healthcare bucks the trend. • Stocks to watch: KAR, DTL, etc. Wall Street Summary The$Nasdaq Composite Index (.IXIC.US)$reached a new peak, climbing 1.24% to 20,173 as trading concluded on...
After US inflation data came out, I chatted to Charles Payne on Fox News at 4.50am Sydney time (2.50 CT time), about what it means, and why investors don't need to panic US inflation rose more than expected for the 3rd month. Now US interest rates are only expected to be cut twice, not three times US inflation was hotter than expected for the 3rd month fueled by rises in oil, electricity, takeaway food...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 retreats from record high • Banks drag ASX down; Iron ore miners rebound • Stocks to watch: Myer, Appen Wall Street Summary On Wednesday, the US stock market experienced mixed results as some tech giants saw their stocks retreat, causing the$S&P 500 Index (.SPX.US)$'s record-setting run to pause. The S&P 500 index decreased by about 0.2%, while the$Dow Jones Industrial Average (.DJI.US)$rose by 0...
G'day, mooers! Check out the latest news on today's stock market! • Utilities stocks lead decline • ASX falls; News Corp dips 0.3% • Stocks to watch: News Corp, REA Group - Moomoo News AU Wall Street Summary The S&P 500's shot at its longest winning streak since 2004 appeared within grasp for much of Thursday's trading session. Then Federal Reserve Chair Jerome Powell and the Treasury market crashed the party. Major in...
G'day, mooers! Check out the latest news on today's stock market! • Rising bond yields, interest-rate worries drag US stocks lower • ASX slumps 1.5% in broad losses • Stocks to watch: Costa Group, News Corp, APA Group - Moomoo News AU Wall Street Summary The highest bond yields in more than a decade prompted another stock-market selloff Thursday, as the possibility of a prolonged higher interest-rate environment sank i...
G'day, mooers! Check out the latest news on today's stock market! • US stocks slip on worries about consumer spending • ASX edges up, Woolworths jumps, WiseTech and Pepper plunge • Stocks to watch: Santos, WiseTech, The Lottery Corporation - Moomoo News AU Wall Street Summary Stocks edged lower Tuesday after disappointing earnings reports from retailers cast doubt on the strength of the U.S. consumer. The cautionary signals lande...
PAUL BIN ANTHONY : tq sir god bless your and family Amen![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
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