Moomoo Australia and New Zealand | market commentary by dealing manager Chris Strazzeri The ASX looks set for a steady but cautious open today, as very modest gains in US markets balance weakness in parts of technology and softer energy prices. With a busy local earnings slate, today’s session is likely to be driven more by company results than broad offshore momentum. Overnight in the US, markets were largely flat. The Dow Jones edged...
Moomoo Australia and New Zealand | market commentary by Paco Chow Investors awoke in a buoyant mood as we saw some rotation in US stocks, with the$Dow Jones Industrial Average (.DJI.US)$jumping 1% higher and the$Russell 2000 Index (.RUT.US)$up another 2%, building on earlier gains this week. Investors feel sure about the strength of the US economy and rate cuts, so refocused on consumer and small-cap stocks, leaving the safe...
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 ...