Friday At The Open
US sharemarkets ended mixed on Thursday. Shares in Sears rose 10.6% after it said it would sell its Kenmore home appliances on Amazon.com. But shares in Home Depot fell by 4.1%. The Dow Jones fell by 29 points or 0.1%.
Read MoreUS sharemarkets ended mixed on Thursday. Shares in Sears rose 10.6% after it said it would sell its Kenmore home appliances on Amazon.com. But shares in Home Depot fell by 4.1%. The Dow Jones fell by 29 points or 0.1%.
Read MoreUS sharemarkets posted firm gains on Thursday with key indexes at or near record highs. Shares in Morgan Stanley rose by 3.3% after reporting better-than-expected earnings. But shares in IBM fell 4.2% after the company reported earnings.
Read MoreUS 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.
Read MoreUS 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%.
Read MoreUS sharemarkets posted more modest gains on Thursday. There is key economic data to be released on Friday together with earnings from Citigroup, Wells Fargo and JP Morgan.
Read MoreUS sharemarkets posted solid gains in response to the “dovish” or less aggressive monetary stance adopted by the Federal Reserve chair. The Dow Jones rose by 123 points or 0.6%.
Read MoreUS sharemarkets finished mixed. Stocks fell in early trade after President Donald Trump’s eldest son, Donald Trump Junior, released an email chain referring to a meeting held with a Russian lawyer.
Read MoreUS sharemarkets finished mixed on Monday. Retailers recorded the largest declines together with healthcare, offset by gains in the technology sector. Investors braced for the start of earnings season.
Read MoreUS 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%.
Read MoreUS sharemarkets were mostly higher on Monday with the exception being the Nasdaq. Financial and energy stocks led the gains in a shorter trading session.
Read MoreUS 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%.
Read MoreUS sharemarkets fell on Thursday. Investors booked profits at the end of month and quarter, especially on high-flying technology stocks. Financials and energy stocks were amongst the best performers.
Read MoreUS sharemarkets posted solid gains on Wednesday. Shares in banks rose ahead of stress test results to be released by the Federal Reserve after the end of trade.
Read MoreUS sharemarkets fell on Tuesday with tech stocks leading the declines. A delay in the healthcare bill vote raised questions about the ability of President Trump to advance his domestic agenda.
Read MoreUS sharemarkets ended mixed on Monday. Gains in defensive sectors like utilities and telecommunications rose but technology stocks eased.
Read MoreUS sharemarkets ended mixed on Friday. Gains in technology stocks offset weakness in financials. All banks passed the latest stress tests. Investors mulled whether the Senate would pass a bill to replace the Obamacare healthcare reforms.
Read MoreUS sharemarkets fell in line with European markets on Thursday. Technology and energy were the weakest sectors and a firmer greenback weighed on exporters.
Read MoreUS sharemarkets rose on Tuesday with technology, bank and energy stocks leading the gains. US Treasury also unveiled plans to revamp financial regulations.
Read MoreUS sharemarkets fell on Monday with technology stocks again leading the declines due to profit-taking. Shares in Apple fell by 2.4%.
Read MoreUS sharemarkets were marginally higher in a volatile trading session on Thursday. The testimony of former FBI director James Comey to the Senate intelligence committee contained no surprises.
Read MoreUS sharemarkets rebounded in late afternoon trade after former FBI director James Comey released written testimony ahead of his appearance in front of a Senate intelligence committee.
Read MoreUS sharemarkets ended lower on Tuesday. Investors are wary about a raft of economic and political events over the next few days.
Read MoreUS sharemarkets ended slightly lower on Monday. Investors digested new product announcements from Apple. Shares in Alphabet (parent company of Google) hit $1,000 a share in the session. Economic data was broadly in line with forecasts.
Read MoreUS 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%.
Read MoreUS sharemarkets rose on Thursday with all three major indices closing at fresh record highs. The upbeat economic data supported investor sentiment.
Read MoreUS sharemarkets eased on Wednesday with financials weighing on key indexes. The Dow Jones fell by almost 21 points or 0.1%, the S&P 500 index lost 0.1% while the Nasdaq fell by 5 points or 0.1%.
Read MoreUS sharemarkets eased on Tuesday with energy and financial stocks leading the declines. Gains in personal income and spending boosted some consumer stocks. The Dow Jones fell by almost 51 points.
Read MoreEuropean sharemarkets were mixed on Monday in quiet trade with China, the US and UK markets closed for holidays.
Read MoreUS sharemarkets ended flat on Friday. Shares in Costco Warehouse rose 1.8% after reporting earnings results. Trading volumes were the lightest of the year ahead of the Memorial Day holiday. The Dow Jones fell by almost 3 points.
Read MoreUS sharemarkets posted firm gains on Thursday. While the energy sector weakened with a drop in the oil price, a number of retail stocks rallied in response to encouraging sales figures.
Read MoreUS sharemarkets rose on Wednesday following the minutes of the Federal Reserve’s latest meeting. However the retail sector issued more results that were disappointing.
Read MoreUS 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.
Read MoreUS sharemarkets rose on Monday. Defence stocks were amongst the top gainers after President Trump signed US$110 billion in deals for Saudi Arabia to buy arms from the US with options to buy up to $350 billion in equipment over 10 years.
Read MoreUS sharemarkets rose on Friday but ended off session highs as traders focussed on political problems faced by President Trump.
Read MoreUS sharemarkets rebounded on Thursday as upbeat economic data supported investor sentiment. Bargain hunters moved in after the biggest sell-off in eight months in the prior session.
Read MoreUS 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.
Read MoreUS sharemarkets fell on Thursday after disappointing earnings at number of department stores raised concerns about consumer spending.
Read MoreUS sharemarkets ended mixed on Wednesday as investors digested the surprise move by President Trump to fire his FBI director Comey.
Read MoreUS sharemarkets ended mixed on Tuesday. Four of the 11 major S&P sectors rose led by consumer discretionary The Federal Budget deficit is tipped to fall to $29.4 billion over 2017/18 and to return to surplus in four years time.
Read MoreUS sharemarkets ended flat on Monday. Some investors chose to book profits on recent gains in line with European markets.
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