Trading in the$S&P/ASX 200 (.XJO.AU)$over the last week has broken the uptrend that began in October 2023. This signals a change in outlook for Australian shares, and is a warning to all investors that there may be further falls to come. The first test of the downside is the support/resistance level at 8060. This is the level the market bounced off in November and December, and may act as support again. However a fall through 8060 could herald a deeper correction for Aus...
• US markets: Nasdaq 100 could fall ~20% from its high, before recovering if history repeats. Or it could call even further. This will bring opportunity • Australian markets: Could fall 10%+ if history repeats the 2018 Trade War Playbook • Stocks to watch: Nvidia, Apple, BHP, Woolworths The US commenced trade wars with China, Canada, and Mexico. It’s hit US and Aussie markets. And we await tariffs on imports of all computer ...
G'day, mooers! Check out the latest news on today's stock market! • US stocks fall on trade war fears as tariff tensions escalate. • Australian shares slips; consumer staples, banks down, miners up slightly. • Stocks to watch: DTL, RIO, etc. Wall Street Summary U.S. stocks closed lower Tuesday, partially recovering from steeper intraday losses. The downturn was triggered by President Trump's tariffs against Canada ...
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...
G'day, mooers! Check out the latest news on today's stock market! • US stocks fall on trade concerns and weak consumer data; Tech stocks lead market decline. • Australian shares break six-week low amid copper tariff fears; investors await CPI data. • Stocks to watch: WDS, DMP, etc. Wall Street Summary U.S. markets retreated Tuesday, with tech stocks leading the decline. The$Nasdaq Composite Index (.IXIC.US)$fell 1.3...
$Woolworths Group Ltd (WOW.AU)$, Australia's largest retailer, is set to release its H1 FY25 results on February 26. According to Bloomberg's forecast, the company is expected to report a 3.32% year-on-year increase in revenue, reaching A$35.784 billion, while its earnings per share (EPS) are projected to decline by 16.87% to A$0.63. High interest rates and supply chain disruptions squeeze profit margins In the second ...
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