The Australian share market still underperforms the US, with the ASX200 up 14.2% from its October low but now trades 2.3% in striking distance of its record all time high. We explore what could support the Aussie market finally gaining more legs this week, from Federal Budget stimulus being announced to the potential weakening of Aussie employment. Here is what to watch ______ - Should Australian employment fall a...
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....
G'day, mooers! Check out the latest news on today's stock market! • Nvidia shares pull back, dragging US stock market lower • ASX drops following record highs • Stocks to watch: Worley Wall Street Summary The stock market rally paused as investors debate whether shares have climbed too far too fast and are now at frothy levels. Another point of contention was whether the recent uptick in unemployment in February could be a signal the labor market ...
Last week was all about one stock,$NVIDIA (NVDA.US)$, the powerhouse US-based AI stock that has topped a $US2 trillion valuation and that delivered an earnings result so powerful, its market capitalisation increased by a record $US277 billion in one trading day. Nvidia's market capitalisation has risen by more than $US700 billion in 2024. The strong sentiment it generated helped propel the$Dow Jones Industrial Average (.DJI.US)$to close above 39,000 fo...
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the problem of having to swim in the saddle
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 climbs to near all-time high ahead of inflation data • ASX rises, Worley tumbles • Stocks to watch: Worley, Fortescue, Pinnacle - Moomoo News AU Wall Street Summary Major stock indexes rose Wednesday in a quiet session ahead of key inflation data and bank earnings. The$S&P 500 Index (.SPX.US)$added 0.6 per cent to close within 0.3 per cent of its record high, set just over...
G'day, mooers! Check out the latest news on today's stock market! • U.S. indexes remained in negative territory to start the year • ASX follows Wall St lower • Stocks to watch: BHP, Alumina, Kali Metals - Moomoo News AU Wall Street Summary The$Nasdaq Composite Index (.IXIC.US)$climbed for a third consecutive day as shares of Nvidia, Amazon.com and Google parent Alphabet advanced. The tech-heavy index added 0.1 per cent, leaving it down 1%...
Worley Ltd Stock Forum
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- Should Australian employment fall a...
• Top losers: $Worley Ltd (WOR.AU)$, $Megaport Ltd (MP1.AU)$, $Ampol Ltd (ALD.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.35% higher at 7664.1 but still completed its first month of losses since October. The benchmark index notched a second straight daily gain amid strength in shares of its largest companies, but los...
• 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....
• Nvidia shares pull back, dragging US stock market lower
• ASX drops following record highs
• Stocks to watch: Worley
Wall Street Summary
The stock market rally paused as investors debate whether shares have climbed too far too fast and are now at frothy levels. Another point of contention was whether the recent uptick in unemployment in February could be a signal the labor market ...
The strong sentiment it generated helped propel the $Dow Jones Industrial Average (.DJI.US)$ to close above 39,000 fo...
• Top losers: $Domino's Pizza Enterprises Ltd (DMP.AU)$, $Worley Ltd (WOR.AU)$, $Chalice Mining Ltd (CHN.AU)$
$S&P/ASX 200 (.XJO.AU)$ closed 0.5% higher at 7555.4, its fifth straight session of gains. Materials led gains, rising 1.4%, and offsetting small losses in other sectors including information technology and industrials.
$Mineral Resources Ltd (MIN.AU)$ was a sta...
• Top losers: $Insignia Financial Ltd (IFL.AU)$, $Whitehaven Coal Ltd (WHC.AU)$, $Worley Ltd (WOR.AU)$
$S&P/ASX 200 (.XJO.AU)$ ended 0.5% higher at 7506.0, driven by strength in technology and financial stocks.
All sectors, barring utilities, finished in the green, with financials rising 1.1% and the tech sector adding 1.2%....
• S&P 500 climbs to near all-time high ahead of inflation data
• ASX rises, Worley tumbles
• Stocks to watch: Worley, Fortescue, Pinnacle
- Moomoo News AU
Wall Street Summary
Major stock indexes rose Wednesday in a quiet session ahead of key inflation data and bank earnings.
The $S&P 500 Index (.SPX.US)$ added 0.6 per cent to close within 0.3 per cent of its record high, set just over...
• Top losers: $IGO Ltd (IGO.AU)$, $Mineral Resources Ltd (MIN.AU)$, $Summerset Group Holdings Ltd (SNZ.AU)$
$S&P/ASX 200 (.XJO.AU)$ ended 0.7% lower at 7468.5, even as data out Wednesday showed the lowest inflation reading since January 2022, raising hopes of interest rate cut later this year.
The materials sector led the losses, falling 2...
• U.S. indexes remained in negative territory to start the year
• ASX follows Wall St lower
• Stocks to watch: BHP, Alumina, Kali Metals
- Moomoo News AU
Wall Street Summary
The $Nasdaq Composite Index (.IXIC.US)$ climbed for a third consecutive day as shares of Nvidia, Amazon.com and Google parent Alphabet advanced.
The tech-heavy index added 0.1 per cent, leaving it down 1%...
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