Friday At The Open
US sharemarkets eased modestly on Thursday. Grocery stocks eased on news of further price deflation. But energy stocks lifted in response to a spike of more than 4% in the oil price.
Read MoreUS sharemarkets eased modestly on Thursday. Grocery stocks eased on news of further price deflation. But energy stocks lifted in response to a spike of more than 4% in the oil price.
Read MoreUS sharemarkets posted modest gains on Tuesday. While economic data was weaker-than-expected.
Read MoreUS financial markets were closed on Monday for the Labor Day holiday. European shares were mixed in quiet trade on Monday.
Read MoreUS sharemarkets rose on Friday after jobs data dampened expectations for a rate hike in September.
Read MoreUS sharemarkets recovered from mild losses in the last hour of trade on Thursday. Although investors remained cautious ahead of the non-farm payrolls report due out on Friday.
Read MoreUS sharemarkets eased on Wednesday. Stocks in the energy sector fell in response to a 3% fall in the oil price. But investors were encouraged by economic data, especially the private sector job gains which met expectations.
Read MoreUS sharemarkets ended weaker on Tuesday as investors debated the timing of the next US rate hike.
Read MoreUS sharemarkets rallied for the first time in four sessions on Monday. The discussion of higher US interest rates supported rate sensitive sectors, in particular financial stocks. JP Morgan gained 1%
Read MoreIn a speech, the US Federal Reserve chair, Janet Yellen, said that the case for higher interest rates had strengthened.
Read MoreUS sharemarkets eased modestly on Thursday as traders awaited a keynote speech from the Federal Reserve chair. Stock indexes held in tight ranges.
Read MoreUS sharemarkets eased on Wednesday with weakness concentrated in the materials and healthcare sectors.
Read MoreUS sharemarkets recorded modest gains on Tuesday, with the Nasdaq managing to hit an intra-day record high. The upbeat home sales data, supported the housing sector.
Read MoreUS sharemarkets ended little-changed on Monday with gains in biotechs offsetting losses in the energy sector. Biotech shares were boosted by news of Pfizer’s $14 billion acquisition of cancer drug maker Medivation.
Read MoreUS sharemarkets ended slightly lower as investors booked profits at the end of the week. Traders are now focussed on the Jackson Hole, Wyoming meeting of central bankers beginning on August 25.
Read MoreUS sharemarkets recorded modest gains on Thursday as the lift in energy, base metals and gold prices supported commodity stocks.
Read MoreUS sharemarkets recorded modest gains on Wednesday as investors digest the FOMC minutes. Disappointing earnings from retailers, Target (-6.4%) and Lowe’s (-5.6%) also hurt sentiment. Seven of the 10 major S&P sectors were higher.
Read MoreUS sharemarkets fell on Tuesday, after fresh commentary on the timing of US rate hikes. New York Fed president William Dudley said an interest rate hike in September.
Read MoreUS sharemarkets rallied to record highs on Monday, supported by the lift in oil prices. The rally in oil supported energy and material shares. The S&P Energy sector rose by 0.7%
Read MoreWall Street capped a record-setting week with a day that left the three major indexes essentially flat.
Read MoreUS sharemarkets posted solid gains on Thursday with the Dow Jones, the S&P 500 index and the Nasdaq all finishing at record highs. The energy sector was boosted by a near 4.5% lift in the oil price.
Read MoreUS sharemarkets fell on Wednesday with the Nasdaq retreating from record highs. The drop in oil prices weighed on energy stocks. The S&P Energy sector fell 1.4%.
Read MoreStrong earnings from a number of German companies including the world’s second largest reinsurer Munich Re, and automaker Daimler, helped the German Dax hit the highest levels in 2016.
Read MoreUS sharemarkets eased on Monday with weakness in healthcare stocks partially offset by gains in the energy sector. Seven of the 10 major S&P sectors were weaker with the S&P healthcare sector losing 1%.
Read MoreThe Bank of England announced a broad easing package. It included lowering its bank rate by 25bps to 0.25% as well as sovereign and corporate asset purchases.
Read MoreThe Bank of England announced a broad easing package. It included lowering its bank rate by 25bps to 0.25% as well as sovereign and corporate asset purchases.
Read MoreUS sharemarkets fell on Tuesday as weaker-than-expected economic data and falling oil prices added to growth concerns. Weak auto sales hurt the automakers with Ford and General Motors both falling by 4.3%.
Read MoreUS sharemarkets ended mixed on Monday. A near 4% fall in oil prices weighed on energy stocks but technology stocks gained, led by Apple and Alphabet, parent of Google.
Read MoreAfter enjoying its best monthly gain in almost five years in July, the local market has kicked off the month stronger, closing at a one-year high.
Read MoreUS sharemarkets ended mixed on Thursday, falling in early morning trade to the day’s lows before grinding higher in the afternoon session. Investors spent time digesting a barrage of earnings results. Shares in Ford fell by 8.2% after reporting weaker Chinese sales.
Read MoreUS sharemarkets ended mixed on Wednesday as investors digested the Federal Reserve decision, earnings results and economic data.
Read MoreUS sharemarkets improved from lows over Tuesday’s session to end mixed. Shares in Caterpillar rose by 5.2% after releasing earnings data but shares in McDonalds fell by 4.5%.
Read MoreUS sharemarkets fell on Monday. A lower oil price weighed on the energy sector. And other investors chose to square positions ahead of a big week for earnings results and the Federal Reserve meeting to decide interest rate settings.
Read MoreUS sharemarkets rose on Friday. Economic data beat forecasts. All ten S&P 500 sectors rose, led by utilities and telecoms.
Read MoreUS sharemarkets eased on Thursday from record levels. Disappointing earnings results from Intel and Southwest Airlines weighed on sentiment and prompted profit-taking.
Read MoreUS sharemarkets were stronger on Wednesday with technology stocks leading the way.
Read MoreUS sharemarkets were mixed on Tuesday. Shares in Netflix fell by 13.1% after disappointing with its latest subscriber numbers in results released after the bell on Monday.
Read MoreUS sharemarkets closed higher on Monday with the Dow Jones and S&P 500 closing at fresh record highs.
Read MoreUS sharemarkets were mixed on Friday, although the Dow Jones managed to close at a fresh record high.
Read MoreUS sharemarkets rallied on Tuesday with the S&P 500 and Dow Jones closing at record highs. Alcoa shares rose by 5.2% after reporting better-than-expected earnings after the close of the prior session.
Read MoreUS sharemarkets rallied on Monday with the S&P closing at a record high, as investors continued to react to last week’s employment report. Gains were broad-based with seven of the major 10 S&P sectors higher.
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