The S&P500 and the Dow Jones broke new records highs, with S&P hitting its 47th record after six weeks of gains and rising 23% this year. While Europe and Australia’s markets gained for the second week with the ASX200 up 9%. Markets seem supported by a healthy backbone. A stronger than expected economic growth narrative, combined with juicy US company earnings, 7% better than ex...
What is happening? Markets are a sea of red and institutions brace for uncertainty and more pain for several key reasons. The sell-off started on Thursday last week in the US; with the unwinding of the 'carry trade' when Japan's central bank raised interest rates in the week, hiking rates for the second time in 17 years, taking rates from 0% to 0.1% to 0.25%. So now institutions are reversing the narr...
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Wow jess you are pulling the trigger and heading for the safe havens, probably good traffic control considering the state of uncertainty our leaders keep promoting, and i use the term leader very loosely. I can only sit tight have a Pepsi and hope my hair doesn’t catch fire. PS more of a coke drinker
G'day, mooers! Check out the latest news on today's stock market! • S&P 500, Nasdaq saw a dip • Australian shares slip as inflation worries heighten; Cettire tumbles 40% • Stocks to watch: Cettire, Myer, Premier, Metcash, Star Entertainment Wall Street Summary U.S. stock indices retreated as$NVIDIA (NVDA.US)$gave back some of its recent gains ahead of the quarter-end rebalancing of investors' portfolio tha...
Indexes were in the green Friday after the latest Magnificent Seven earnings impressed investors. The $S&P 500 Index climbed 1.02% with preliminary closing figures. The $Dow Jones Industrial Average climbed 0.4%, and the $Nasdaq Composite Index climbed 2.03%. MACRO In macro, PCE inflation numbers for the month of March came out higher than expected, up 2.8% compared to 2.6%. The numbers follow GDP numbers for the first quarter that came out low ...
April 26, 2024 -$ResMed Inc (RMD.AU)$shares increased by 7.78% to A$30.975 on Friday, after it announced its financial results for the third quarter of fiscal year 2024. Financial Highlights for Q3FY24: -Revenue increased by 7% to $1.2 billion, up 7% on a constant currency basis compared with the prior year period. This was driven by increased demand for its sleep devices and the strong growth across its mask product portfol...
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