Morning Report: Wall Street pushes higher reclaiming earlier losses
The Dow Jones index rose by 506.5 points or 1.5%. The S&P 500 index gained 1.2% and the Nasdaq index added 155 points or 1%.
Read MoreThe Dow Jones index rose by 506.5 points or 1.5%. The S&P 500 index gained 1.2% and the Nasdaq index added 155 points or 1%.
Read MoreThe Aussie sharemarket is lifting for a third consecutive day with the ASX 200 on track for its best daily performance since August 2. Gains have been broad with IT, energy & financials leading improvements while healthcare is dragging.
Read MoreThe Aussie market has enjoyed a slight resurgence approaching lunch on news that Chinese property group Evergrande has negotiated a plan to repay bondholders.
Read MoreThe Dow Jones index fell by 51 points or 0.2%. The S&P 500 index lost 0.1%. But the Nasdaq index added 32.5 points or 0.2%.
Read MoreThe Aussie market has managed to improve on Tuesday following heavy selling on local and overseas markets over the past 24 hours.
Read MoreThe Aussie market got off to a tough start to the week with the ASX 200 suffering its worst day since February 26 this year as it tumbled 155 points or 2.1% to 7,248.
Read MoreAussie shares closed higher on Thursday despite a weaker than expected August employment release. While the ASX 200 eased from morning highs, it still added 43 points or 0.58% to 7,460.
Read MoreThe Aussie market is rebounding from yesterday’s falls with the ASX 200 well higher around lunch. While the disappointing August jobs numbers have weighed slightly, most sectors are higher led by materials, energy & communications.
Read MoreThe Aussie market has ended its recent winning run of three sessions after the ASX 200 fell 20pts or 0.27% to 7,417.
Read MoreAt lunch, the benchmark index is down roughly 30 points but was down as much as 55 points or 0.75% at its earlier lows.
Read MoreAussie shares ended lower for the first time since last Thursday with the ASX 200 dropping 18 points or 0.25% to 7,512. Mining, IT & consumer staples weighed most while financials lead the improvements.
Read MoreThe Aussie market has again opened lower but is attempting a slight revival around lunch. The ASX 200 is down 24 points or 0.3% approaching midday with selling across most sectors.
Read MoreThe Aussie market managed to rally late to finish flat for the day. The ASX 200 added just 1.8pts to 7,530 with miners weighing on the market.
Read MoreThe Aussie market is in the red by ~0.5% at lunch on Tuesday. Heavyweight miners are a major weight with the iron ore price tumbling 9% overnight while banks are also weaker ahead of the RBA September interest rate decision at 2.30pm AEST.
Read MoreThe Aussie market has continued its weaker start to September with the ASX 200 falling a second successive session. The benchmark index lost 41pts or 0.55% to 7,485.
Read MoreThe ASX 200 is down 75pts ~1% near lunch on Thursday as it continues a weak start to September. The market is predominantly being weighed down by heavyweight names trading ex-dividend.
Read MoreAussie shares ended August with a solid performance. The ASX 200 added 30 points or 0.4% to 7,535 and rising 1.9% for the month. It is now 11 consecutive monthly gains for the Aussie market, the best run since 1943.
Read MoreThe ASX 200 is slightly higher at lunch on Tuesday with gains led by IT & healthcare offsetting energy and financial losses. Harvey Norman (HVN) lifted its FY21 profit by 75% but its shares are down with lockdowns impacting its July /Aug trading.
Read MoreThe Aussie market managed a slight improvement to start the week with the ASX 200 lifting 16 points or 0.22% to 7,504.5 on Monday. Materials were the standout in what was a mostly underwhelming session for the market.
Read MoreThe Aussie market fell for the first time this week as the ASX 200 ended its 3-day winning streak with a loss of 40 points or 0.54% to 7,491. It was a busy day for company profits as we near the end of August.
Read MoreThe ASX 200 is firmer for a second consecutive session at lunch. Mining and energy stocks have been supported by firmer commodity prices with technology stocks also lifting. Consumer stocks are among the main decliners, particularly supermarkets.
Read MoreThe Aussie market has eased from record highs set last Friday. The ASX 200 dropped 46 points or 0.6% to 7,582 as financials and energy underperformed the market most.
Read MoreIt has been a soft start to the new week with the ASX 200 weighed by losses across the majority of the market. The major drag has been falls among major lenders while Bendigo & Adelaide (BEN) slides 10% on its FY21 profit result.
Read MoreThe ASX 200 extended its winning run to a fourth consecutive session with a gain of 40 points or 0.54% to 7,628, hitting new all-time highs and a record close in the process.
Read MoreThe Aussie market is extending its winning run into a fourth day with the ASX 200 hitting fresh all-time highs at lunch on Friday. Gains have been rather broad across the market with only materials in the red.
Read MoreThe Aussie market struggled for direction on what was a busy day of company profit results. The ASX 200 managed a small gain of 4pts to another record closing high of 7,588.
Read MoreA late push saw the ASX 200 hit new record highs as the local market added 27pts or 0.36% to 7,538. The index climbed nearly 2% for the week as technology stocks were the standouts led by Afterpay.
Read MoreAussie shares manage a small improvement to notch back to back record highs for the ASX 200 index. Fortescue (FMG) shares fell after a contractor tested positive to COVID19 at its Cloudbreak mine in WA.
Read MoreAussie shares have had a choppy start to Thursday but has still managed to hit a new record high of 7,517 before lunch. Most sectors are improving but energy and materials are lagging.
Read MoreThe local sharemarket eased back from Monday,’s record highs work the ASX 200 slipping 17pts to 7,474.5. Afterpay enjoyed another strong gain following yesterday’s proposed takeover.
Read MoreThe Aussie market has hit new record highs as technology led broad improvements. Afterpay was a standout as it received a $39b takeover offer. Banks, retailers and healthcare were also decent winners for the day.
Read MoreIt was a gold medal performance for the ASX 200 as it hit new record highs. Heavyweights like financials and materials were supportive of the broader market mood while technology and health stocks lagged.
Read MoreThe ASX 200 managed to climb 56.5pts or 0.78% to 7,308 as banking, mining & healthcare stocks added most to the benchmark index.
Read MoreThe Aussie market has extended Monday’s losses as investors continue to weigh up the economic impact of the spreading COVID-19 delta strain.
Read MoreThe Aussie market has started the week in the red with the ASX 200 down 62pts or 0.85% to 7,286.
Read MoreThe Aussie market has faltered in afternoon trade with the ASX 200 dropping 19pts or 0.26% to 7335.9.
Read MoreLocal shares managed to lift even as Sydney’s lockdown was extended but at least two weeks. Most sectors improved with gold miners and utilities among some of the stronger performers.
Read MoreThe ASX 200 has closed at the lows of the day with the index falling 53pts or 0.73% to 7261 on Tuesday following the RBA rate decision this afternoon.
Read MoreThe ASX 200 finished the first day of July at the lows of the session with loss of 47 points or 0.65% to 7,265. Losses were broad with only the material sector managing a small improvement.
Read MoreWhile the ASX 200 ended the financial year with a small improvement, it was a much more significant gain over the past 12 months. The benchmark index rallied 24% in FY21 while the broader All Ordinaries index had its best financial year since 1987.
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