Finding value in small caps
Investors are finding compelling opportunities in an unexpected corner: small-cap value shares.
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S&P500 rises to less than 1% below it’s all-time high
Stocks rose to start the last week of the year, pushing the S&P 500 closer to record levels.
Read MoreRFC Ambrian: Lithium Projects Review
This report evaluates recent lithium M&A activities and provides a closer examination of lithium development projects. The primary focus is on new projects that RFC Ambrian believes have the potential to become targets for future industry consolidation, either through outright takeovers or third-party entities taking substantial interests in these projects.
Read MoreUS markets bounce back to resume year end rally
Stocks had a strong rebound on Thursday, as the S&P 500 recovered from its worst day since September, reigniting the year-end rally. The Dow Jones Industrial Average saw a significant gain of 322.35 points, equivalent to 0.87%, closing at 37,404.35. Simultaneously, the Nasdaq Composite surged by 1.26% to reach 14,963.87.
Read MoreElectric vehicle bubble deflates as valuations plunge – what’s next for the EV industry?
The electric vehicle (EV) industry, once riding high on optimism and sky-high valuations, has hit a roadblock as investors and car manufacturers reevaluate their strategies amidst a slowdown in growth. Factors ranging from rising interest rates to evolving EV technology and consumer preferences are being cited as reasons behind the shift in momentum.
Read MoreAustralia’s uranium dilemma
Australia, home to the world's largest uranium resource, finds itself at a crossroads as it grapples with the question of whether to be a lifter or a leaner in the global pursuit of decarbonisation and energy security.
Read MoreASX pulls back from highest level in 10 months
Australian stocks pulled back from their highest levels in ten months, echoing a pause in the upward momentum seen on Wall Street. Notably, the technology and consumer discretionary sectors experienced the most significant declines.
Read MoreASX down 0.33% at noon following Wall Street’s poor performance
At noon, the S&P/ASX 200 is 0.33 per cent lower at 7,512.80, tracking a sudden decline occurred on Wall Street, with traders cashing in on their gains following a significant surge in stock prices that had driven the major indices to all-time highs.
Read MoreStocks of the Hour: Immutep, Metalicity, GWR Group
A snapshot of the stocks on the move, featuring Immutep (ASX:IMM; NASDAQ:IMMP), Metalicity (ASX:MCT) and GWR Group (ASX:GWR).
Read MoreS&P 500 rally runs out of steam
Stocks tumbled on Wednesday as investors cashed in some profits following the market’s recent hot streak, and FedEx dragged the S&P 500 lower.
Read MoreASX closes 0.7% higher
On Wednesday, the Australian stock market made gradual progress towards a potential all-time high, mirroring the upward momentum seen on Wall Street. This movement was driven by investors adjusting their positions in anticipation of the US Federal Reserve initiating interest rate cuts in the coming year.
Read MoreASX up 0.63% at noon as it nears historic peak
The Australian stock market is steadily approaching a historic peak, mirroring the surge on Wall Street, as investors increasingly prepare for the possibility of the US Federal Reserve commencing interest rate reductions in the upcoming year.
Read MoreStocks of the Hour: First Lithium, Entyr, Bastion Minerals
A snapshot of the stocks on the move, featuring First Lithium (ASX:FL1), Entyr (ASX:ETR) and Bastion Minerals (ASX:BMO).
Read MoreYear-end comeback lifts S&P 500 to brink of record highs on Tuesday
The S&P 500 rose Tuesday, approaching its record high, as the Federal Reserve’s recent dovish shift on rates lifted stocks.
Read MoreAdvancements towards Lithium Universe’s lithium carbonate refinery
Lithium Universe (ASX:LU7) has reported advancements in the engineering study being conducted by Hatch for the company's lithium carbonate refinery.
Read MoreLake Resources – Kachi Project DFS
Lake Resources (ASX:LKE; OTC:LLKKF) has announced the results of its definitive feasibility study for Phase One of the Kachi lithium brine project in Argentina.
Read MoreASX closes 0.8% higher as M&A in resources picks up
Australian shares posted solid gains driven by increased merger and acquisition activity in the resources sector and a surge in oil prices due to concerns about supply disruptions in the Red Sea.
Read MoreASX up 0.45% at noon as oil prices surge by 2%
Oil prices surged 2% due to increased attacks by Iranian-backed Houthi militants on vessels in the Red Sea, causing concerns about potential supply disruptions.
Read MoreStocks continue winning streak as S&P500 nears record high
The S&P 500 rose Monday as the market maintained the momentum seen during its seven-week winning streak.
Read MoreAfternoon update: ASX 200 drops 0.32% amid Real Estate sector losses
By mid-afternoon, the ASX 200 was down 0.32 per cent. This decline was primarily driven by losses in the real estate sector, particularly Charter Hall (ASX:CHC) and Dexus (ASX:DXS), which lost 1.6 per cent and 1.7 per cent, respectively.
Read MoreASX down 0.03% at noon as oil prices experience first weekly gain since October
Oil prices increased after experiencing their first weekly gain since late October due to major shipping lines suspending transit through the Red Sea, which highlighted the potential risk to the crucial artery for global crude trade.
Read MoreRecord-breaking Friday: Dow Jones and Nasdaq-100 soar to new heights
The Dow Jones Industrial Average closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record close.
Read MoreASX up 0.84% at noon: Dow reaches a new record high overnight
Overnight, the Dow Jones Index reached a new record high, closing at 37,248 points with a 0.4% gain, while the Nasdaq Index increased by 0.2%, and the Russell 2000 small-cap index continued its recent rally, surging by 2.6%.
Read MoreS&P500 closes higher as US retail sales increase in November
The Dow Jones Industrial Average edged higher on Thursday a day after closing above 37,000 for the first time ever as the 10-year Treasury tumbled below 4 per cent and a surprise gain in retail sales gave investors further confidence 2024 would bring a soft economic landing.
Read MoreASX up 1.49% at noon as Australian employment grows by 61,500 jobs
In November, Australian employment grew by 61,500 jobs, causing the unemployment rate to rise slightly to 3.9% from the previous month's 3.8%.
Read MoreThe Fed holds rates steady, indicates three rate cuts in 2024
The Dow Jones industrial Average jumped to a record Wednesday as the Federal Reserve signalled it would cut rates several times next year, satisfying investors who hoped the central bank would finally start to acknowledge the slowing trend of inflation with a less-aggressive monetary stance.
Read MoreCauldron Energy confirms low-cost ISR uranium potential
Cauldron Energy (ASX:CXU) has released the results of its Scoping Study for the proposed Bennet Well Uranium operation, revealing the potential for a globally competitive and low-cost in-situ recovery (ISR) uranium operation. The Bennet Well Uranium Deposit is situated approximately 100 kilometers south of Onslow, Western Australia, and about 1,050 kilometers north of Perth.
Read MoreASX closes 0.3% higher: Healthcare and iron ore stocks rise
Australia's sharemarket experienced mixed performance as healthcare and iron ore stocks rose while the energy sector declined due to a 3.5% drop in benchmark oil prices.
Read MoreASX up 0.15% following Wall Street’s strong gains
Wall Street closed at a 52-week high as traders celebrated a decrease in core US inflation to 4 percent year-on-year in November, excluding food and energy prices.
Read MoreUS stocks tick higher as CPI grows in line with expectations
Stocks were higher on Tuesday as Wall Street parsed through another round of inflation data in search for clues on when the Federal Reserve could start easing monetary policy.
Read MoreASX closes 0.5% higher as interest rate sensitive stocks lift
The Australian sharemarket gained 0.5% as interest rate sensitive stocks rose ahead of the release of US inflation data.
Read MoreASX up 0.36% at noon: RBA governor Reserve Bank governor denies Australia’s inflation lag
Reserve Bank governor Michele Bullock dismissed the notion that Australia lags behind in addressing inflation concerns, emphasising their efforts to slow the economy and bring inflation within the target range.
Read MoreAustralia’s uranium dilemma
Australia, home to the world's largest uranium resource, finds itself at a crossroads as it grapples with the question of whether to be a lifter or a leaner in the global pursuit of decarbonisation and energy security.
Read MoreS&P500 climbs as investors await key inflation data
The S&P 500 climbed on Monday as investors tried to continue Wall Street’s year-end momentum.
Read MoreStudy shows weight regain after stopping Eli Lilly’s Zepbound
In a significant development, new data indicates that patients who underwent treatment with Eli Lilly's groundbreaking weight loss drug, Zepbound, faced weight regain after discontinuing the medication for a year.
Read MoreLooking into the Woodside and Santos merger
Woodside Energy (ASX:WDS) and Santos (ASX:STO) have officially confirmed media reports that both companies are engaged in preliminary discussions regarding a possible merger.
Read MoreASX closes near flat line as metals and oil stocks fluctuated
The Australian sharemarket saw minimal gains as metals and oil stocks fluctuated throughout the day, with the S&P/ASX 200 closing just 4.1 points higher at 7199. Mining stocks, particularly gold miners, suffered a 0.6% decline due to a drop in the price of gold, influenced by strong US jobs data.
Read MoreASX up 0.23% at noon as M&A activity takes flight
Australia's stock market saw an increase in midday trading driven by several merger and acquisition deals and a rise in energy sector stocks.
Read MoreFriday sees S&P500 achieve new high for 2023
The S&P 500 rose on Friday to hit a new high for the year after the November jobs report and University of Michigan consumer survey data signalled a resilient economy and cooling inflation, fuelling hopes for a so-called soft landing scenario.
Read MoreWeekly market wrap: December 4th to December 7th
In a week filled with notable developments and market fluctuations, the Australian Securities Exchange (ASX) and global financial markets experienced significant shifts driven by various overarching themes. Here's a comprehensive breakdown of the key events and their impact on different sectors and stocks during the period from Monday, December 4th, to Thursday, December 7th.
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