Monday At The Open
US sharemarkets rose on Friday in response to good earnings data and a generally softer greenback. Shares in Intel rose by 10.55% in response to its earnings report.
Read MoreUS sharemarkets rose on Friday in response to good earnings data and a generally softer greenback. Shares in Intel rose by 10.55% in response to its earnings report.
Read MoreUS sharemarkets were mixed on Wednesday. Investors digested comments from US Treasury Secretary Steven Mnuchin, endorsing a weaker greenback.
Read MoreUS sharemarkets were mixed on Tuesday. Shares in Netflix rose by 10% in response to its latest earnings results, in turn boosting other technology stocks. Shares in Whirlpool rose 3.2% after US President Trump sharply lifted tariffs.
Read MoreUS sharemarkets finished at record highs on Monday. Investors were encouraged by new forecasts for global growth and the news that the Government shutdown would end for now.
Read MoreThe ASX 200 gave up early gains on Monday as investors wait to see if US lawmakers can find common ground to avoid a continuing shutdown of the US Government.
Read MoreUS sharemarkets were weaker on Thursday. Investors remain wary of taking on new positions ahead of a possible government shutdown as temporary funding expires. The Dow slipped 98 points or 0.4%, the S&P 500 fell 0.2%, while the NASDAQ lost 0.1%.
Read MoreStrong rally overnight in the US all sectors on the S&P 500 ended higher. The Beige Book summary of economic conditions from the US Federal Reserve indicates that the economy has continued to expand from late November to the end of 2017.
Read MoreUS sharemarkets fell from highs in afternoon trade. At the close of trade the US Dow Jones was lower by 10 points or less than 0.1% after lifting by 283 points to 26,086 points in early trade. The Nasdaq was lower by 37 points.
Read MoreUS markets closed for Martin Luther King Junior holiday. Gold and oil lifted in European trade. Aussie dollar above 7950 US cents.
Read MoreUS sharemarkets rose to record highs on Friday. Investors were encouraged by the first profit results of the earnings season. Investors also positioning trades ahead of the the Martin Luther King Jr holiday observed today.
Read MoreRising oil prices lifted energy stocks. Shares of Chevron (+3.0%) and Exxon Mobil (+1.0%) both increased. Delta Air Lines shares rose by 4.8% after reporting an upbeat quarterly profit result due to higher business airfares in the holiday season.
Read MoreUS sharemarkets fell on Wednesday, stalling the rally that marked the start of 2018 after reports that China is considering slowing its purchases of US government debt. Speculation that the US could pull out of NAFTA increased risk aversion.
Read MoreUS sharemarkets declined as investors fretted about potential roadblocks to the Republicans’ tax bill as concerns over child tax.
Read MoreAs was widely expected and by a unanimous decision, the Federal Open Market Committee (FOMC) raised the target range for the federal funds rate by 25bps to 1.25-1.50%
Read MoreStrong stocks gained ahead of the US Federal Reserve’s interest rate decision. The Fed is widely expected to lift interest rates at the end of its meeting on Wednesday (US time). Goldman Sachs, JPMorgan and Bank of America shares rose by 1%-3%.
Read MoreUS sharemarkets began lower on Monday on news of a failed terror attack in New York City. But stocks recovered over the session. Still, investors remain cautious ahead of the Federal Reserve interest rate decision.
Read MoreUS sharemarkets rose on Friday in response to an encouraging job report. Telecom and health care stocks led the gains.
Read MoreUS sharemarkets rose on Thursday with investors again embracing technology stocks. Shares in General Electric also rose by 0.3% after it said it would cut 12,000 jobs at its global power business.
Read MoreUS sharemarkets were mixed on Wednesday, with a slide in energy stocks and Home Depot largely offsetting gains in the technology sector. Microsoft, Facebook and Alphabet all rose by 1- 1.5%. Decline in the oil price weighed on Newfield Exploration.
Read MoreUS sharemarkets were choppy on Tuesday as investors digested changes to the Senate’s version of the US tax bill, including retaining the corporate alternative minimum tax.
Read MoreUS sharemarkets were mixed on Monday. Stocks eased over the session as investors focussed on whether the tax package could be enacted by Christmas. The US Dow Jones was up by 58 points or 0.2% but the Nasdaq lost 72 points or 1.1%.
Read MoreUS sharemarkets eased on Friday in response to the news of the former US national security adviser Michael Flynn. But losses were trimmed on reports that the Republicans had secured enough votes to pass the tax reform bill in the Senate.
Read MoreUS sharemarkets rebounded on Thursday. The Dow Jones breached 24,000 points for the first time as positive tax reform talks fuelled gains.
Read MoreAfter a stellar run back by strong consumer confidence and higher home prices the Us markets gave back ground on news of another launch from North Korea.
Read MoreUS sharemarkets were mixed on Monday. Energy shares fell in response to a lower oil price. And shares of semiconductor makers fell after Morgan Stanley issued a global downgrade on the sector.
Read MoreUS sharemarkets posted modest gains in a shortened trading session on Friday. Most interest was in how retailers fared in ‘Black Friday’ trade.
Read MoreEuropean shares were generally flat on Thursday despite speculation that the opposition Social Democratic Party in Germany is ready to begin talks with Chancellor Angela Merkel to form a minority government.
Read MoreUS sharemarkets were mixed in thin trade ahead of the Thanksgiving Day holiday. At the close the Dow Jones was lower by 65 points or 0.3%. The S&P 500 was down 0.1% and the Nasdaq lifted by 5 points or 0.1%.
Read MoreUS sharemarkets rose to fresh record highs on Tuesday, lifted by technology stocks and healthcare shares. Medical device maker Medtronic’s shares rose by 4.8% after the company reported better than-expected results.
Read MoreAfter 2 weeks of negative trading the US markets open the trading week in positive territory. Helped by eurozone uncertainty and a higher US dollar. Gold and oil are under pressure while the banks and telcos move higher.
Read MoreInvestors debated whether the Republican tax reforms will be passed by the Senate. After passing the House of Representatives there is more opposition to the reforms in the Senate.
Read MoreUS sharemarkets rebounded after US lawmakers in the House of Representatives passed the Trump Administration’s tax reform bill on Thursday.
Read MoreUS sharemarkets fell again on Wednesday. Energy and other commodity-dependent stocks fell in response to weaker oil and metal prices. Shares in Target fell by 9.3% after the retailer issued a disappointing forecast for the holiday season.
Read MoreThe energy sector was lower in response to a fall in the oil price. And shares in General Electric continued to fall, down 5.9%. At the close of trade the Dow Jones was lower by 30 points or 0.1% after being down 168 points in early trade.
Read MoreUS markets rose as investors shrugged-off concerns over the future of the US tax reform plan. President Trump urged lawmakers to end the Obamacare individual mandates.
Read MoreShares in Intel lost 1.6% and Apple fell 0.3% with these two companies weighing most on the broader S&P 500.
Read MoreUS sharemarkets fell on Thursday as investors feared potential delays to the Republican tax package. But late in session the House of Representatives Ways and Means committee approved the tax proposal and it will go to a vote in the House next week.
Read MoreUS sharemarkets edged higher to record highs on Wednesday. But there were growing doubts about the Republican tax plan, notably whether the plan may need to be watered down for it to pass Congress.
Read MoreUS sharemarkets were mixed on Tuesday, weighed down by weakness in financial and technology sectors but supported by demand for defensive stocks. Chinese Trade date due today.
Read MoreTech shares rose after Broadcom made an unsolicited $103 billion bid for Qualcomm. Shares in Twenty-First Century Fox rose 9.9% on news reports indicating that Disney held talks to buy most of Fox’s assets.
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