Wednesday At The Open

US sharemarkets were mixed on Tuesday as investors reacted to earnings season and the collapse of the US Senate healthcare bill. The Dow was dragged lower by a 2.6% drop in Goldman Sachs on disappointing commodity and bond trading revenue. However the Nasdaq hit fresh intra-day record highs after Netflix rallied by 14% following upbeat earnings.

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Monday At The Open

US sharemarkets posted firm gains on Friday with generally softer economic data serving to scale bank prospects for a near-term rate hike. After releasing earnings results, shares in Citigroup fell by 0.4%, Wells Fargo lost 1.1% and JPMorgan Chase lost 0.9%.

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Monday At The Open

US sharemarkets posted firm gains on Friday. Better-than-expected job gains gave investors confidence about the state of the economy. The Dow Jones rose by 94 points or 0.4% with the S&P 500 up by 0.6% and the Nasdaq gained 64 points or 1.0%. Over the week the Dow rose 0.3%, the S&P 500 rose 0.1% and the Nasdaq rose by 0.2%.

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Monday At The Open

US sharemarkets were mostly higher on Friday with the exception being the Nasdaq. Nike share rose 11% after the world’s largest footwear maker said it would launch a pilot online sales program with Amazon.com. The Dow Jones rose by 63 points or 0.3%.

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Monday At The Open

US sharemarkets rose on Friday, underpinned by gains in technology and industrials. But shares in the energy sector fell in response to lower oil prices. The Dow Jones rose by 62 points or 0.3%, the S&P 500 index lifted by 0.4% while the Nasdaq gained 59 points or 0.9%. Over the week the Dow rose 0.6% with the S&P 500 up 0.9% and the Nasdaq gained 1.5%.

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Wednesday At The Open

US sharemarkets rose on Tuesday as traders assessed White House budget proposals. The budget plan was largely as expected, including measures to increase infrastructure and military spending and cut government spending by $3.6 trillion over a period.

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Thursday At The Open

US sharemarkets slumped in line with European and Asian markets on Wednesday. Investors fret that rising political uncertainty could serve to delay the economic plans of the US President, especially the plans to cut taxes and increase infrastructure.

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