G'day, mooers! Check out the latest news on today's stock market! • US stocks drop on tech sell-off. Tariff threats and mixed economic data weigh. • Australian shares fall on US-China trade tensions. • Stocks to watch: HVN, LIF, etc. Wall Street Summary US stocks closed lower on Thursday, with tech stocks leading the decline. The$S&P 500 Index (.SPX.US)$fell 1.59%, the$Dow Jones Industrial Average (.DJI.US)$dropped 0...
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...
As a relatively new investor with the goal to reinforce my retirement and support my daughter, I feel that by diversifying your investments and utilising ETFs, I am minimizing risk and enjoying the journey. Overcoming the fear of missing out and refining my approach to budgeting investment into my lifestyle whilst capitalizing on some of the strategies laid out on this platform feels to me as the best way to set myself up for success.
G'day, mooers! Check out the latest news on today's stock market! • Dow, S&P 500 climb to start major earnings week • ASX opens flat; Worley plummets 11% • Stocks to watch: Coles, Ampol, BHP Wall Street Summary The Dow industrials, S&P 500 and Nasdaq Composite all traded higher Monday as$Tesla (TSLA.US)$and$Royal Philips (PHG.US)$rallied and markets awaited the Fed's latest rate decision later this week. The$S&P 500 Index (.SPX.US)$climbed 0....
to be fair a lot of what you said is the reality. However COL and WOW don’t make supermarkets. Overall profitability isn’t super by any means. As the$CommBank (CBA.AU)$and$Coles Group Ltd (COL.AU)$CEO said go have a look at apples margins and lack of tax paid? COL and WOW are a few $ per $100. Hardly super; and that is why you don’t see other players bothering to enter the market. Albo slapped the supermarkets with what? A 7% wage increase, what did you expect would happen? Pass on the costs. ...
If Woolies ($Woolworths Group Ltd (WOW.AU)$) and Coles ($Coles Group Ltd (COL.AU)$) were gouging as politicians claim, we would be seeing bumper profits and booming share prices. They make about $2.50 per $100 we spend – that’s it, end of story….Politicians blatantly lie about everything – you should know that by now.
Coles Group Ltd Stock Forum
• US stocks drop on tech sell-off. Tariff threats and mixed economic data weigh.
• Australian shares fall on US-China trade tensions.
• Stocks to watch: HVN, LIF, etc.
Wall Street Summary
US stocks closed lower on Thursday, with tech stocks leading the decline. The $S&P 500 Index (.SPX.US)$ fell 1.59%, the $Dow Jones Industrial Average (.DJI.US)$ dropped 0...
Top losers: $Perpetual Ltd (PPT.AU)$, $IDP Education Ltd (IEL.AU)$ and $Mercury NZ Ltd (MCY.AU)$
The $S&P/ASX 200 (.XJO.AU)$ closed up 27.50 points or 0.33% to 8,268.20 on Thursday, ending a two-day losing streak. The market's recovery was driven by strong performances from $Coles Group Ltd (COL.AU)$ and ...
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...
Really like this for long term.
Overcoming the fear of missing out and refining my approach to budgeting investment into my lifestyle whilst capitalizing on some of the strategies laid out on this platform feels to me as the best way to set myself up for success.
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• Dow, S&P 500 climb to start major earnings week
• ASX opens flat; Worley plummets 11%
• Stocks to watch: Coles, Ampol, BHP
Wall Street Summary
The Dow industrials, S&P 500 and Nasdaq Composite all traded higher Monday as $Tesla (TSLA.US)$ and $Royal Philips (PHG.US)$ rallied and markets awaited the Fed's latest rate decision later this week.
The $S&P 500 Index (.SPX.US)$ climbed 0....
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• Top losers: $Boss Energy Ltd (BOE.AU)$, $Liontown Resources Ltd (LTR.AU)$, $IGO Ltd (IGO.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.8% lower at 7612.5, with losses across all sectors pushing the benchmark to its lowest close in almost two months.
The consumer discretionary sector led the...
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