Small caps extend streak, beat S&P 500 for 5th Day
Small-cap stocks extended their winning streak for the fifth consecutive day on Tuesday, with the Russell 2000 index surging 1.14%, outpacing the S&P 500, which gained just 0.52%.
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Oil prices slide amidst Middle East tensions
Oil prices experienced a significant decline of more than $1 a barrel on Tuesday, extending a downward trend that began earlier in the day.
Read MoreUS stocks close higher amid falling Treasury yields
US stocks rose Tuesday, boosted by declines in Treasury yields as Wall Street assessed the geopolitical risks from the Israel-Hamas war. The benchmark 10-year Treasury yield fell nearly 13 basis points to about 4.65 per cent, as investors sought safe assets amid the conflict. Yields and prices move in opposite directions.
Read MoreASX closes 1% higher following rhetoric from US Fed
The S&P/ASX 200 surged back above 7000 on Tuesday, driven by a shift in rhetoric from US Federal Reserve members towards a more dovish stance and signs of easing inflation.
Read MoreASX up 1.1% at noon as oil prices hold steady
Oil prices held steady following a significant surge as Israel indicated that its retaliation against Hamas attacks had just begun, raising concerns of increased instability in the region.
Read MoreUS stocks bounce back amid Israel-Hamas conflict escalation
Stocks staged a comeback Monday as investors shook off pressures driven by the deadly Israel-Hamas conflict.
Read MoreASX rises 0.2% on energy and gold rally amidst Middle East tensions
On Monday, the ASX experienced gains, primarily driven by a significant increase in energy and gold stocks.
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ASX rises 0.5% at noon: Oil prices rally following attack by Hamas
ASX rises at midday primarily due by a rally in energy and mining stocks, which was a response to the surge in oil prices in Asia.
Read MoreUS stocks rise after the release of jobs data report
US stocks rallied Friday even after the release of stronger-than-expected US jobs data and a pop in Treasury yields. The US economy added 336,000 jobs in September, the Labor Department said. Economists polled by Dow Jones expected 170,000 jobs.
Read MoreASX closes 0.51% higher influenced by a relief rally inspired by Wall Street
On Thursday, the sharemarket experienced a rebound, influenced by a relief rally inspired by Wall Street. This rally was prompted by softer US jobs data, which temporarily alleviated concerns about high interest rates.
Read MoreAfternoon update: ASX trading 0.51% higher in a volatile session
The ASX has seen a recovery in the afternoon, building on its earlier gains, as energy stocks managed to recover somewhat after a sharp drop in oil prices overnight.
Read MoreASX up 0.08% at noon as Australia’s trade surplus expands
In August, Australia's trade surplus expanded to $9.6 billion, surpassing expectations, as exports increased by 4 percent, primarily led by gold, while imports declined by 0.4 percent, largely due to a decrease in industrial transport equipment.
Read MoreThe Dow breaks three-day losing streak: Oil prices drop by over $5
The Dow Jones Industrial Average broke a three-day losing streak Wednesday as Treasury yields pulled back from multi year highs following the release of much weaker-than-expected jobs data.
Read MoreASX closes 0.8% lower to its lowest point in 11 months
The Australian sharemarket experienced its lowest point in 11 months, mirroring Wall Street's losses driven by concerns over rising interest rates following stronger-than-expected jobs data.
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Fortescue invests in green hydrogen unicorn
Twiggy Forrest's Fortescue has confirmed its involvement as one of the lead investors in the US start-up Electric Hydrogen's Series C funding round.
Read MoreSeptember sell-off generates US$50 billion for short sellers
Short sellers who had bet against megacap technology stocks emerged as winners in September as a selloff in the sector unfolded.
Read MoreASX down 0.68% at noon: RBNZ likely to hold rates
The S&P/ASX 200 is currently trading 0.68 per cent lower at 6,896.40. RBNZ expected to hold rates.
Read MoreStocks fall amid soaring Treasury Yields and recession concerns
Stocks tumbled on Tuesday as Treasury yields hit their highest levels since 2007, raising concern higher interest rates would freeze the housing market and tip the economy into a recession.
Read MoreASX closes 1.3% lower to hit a six-month low
The Australian sharemarket hit a six-month low on Tuesday, driven by a US Treasury sell-off influenced by the US Federal Reserve's hawkish messaging, despite the Reserve Bank's decision to maintain the cash rate at 4.1%.
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ASX down 1.19% at noon: New housing approvals experience growth
In August, new housing approvals experienced a significant rebound, growing by 7 percent compared to a revised figure of -8.1 percent in July. This increase was primarily driven by a 6 percent rise in house approvals and an 8.8 percent increase in approvals for attached dwellings, following two months of double-digit declines. The volatile monthly data series contributed to this fluctuation.
Read MoreNewmark Property REIT (ASX:NPR) discusses FY23 results
Chris Langford, Managing Director of Newmark Property REIT (ASX:NPR), discusses FY23 results and acquisitions.
Read MoreThe Dow falls: Senate passes continuing resolution
The Dow Jones Industrial Average was lower Monday even after US legislators were able to come to a short-term agreement that staved off a government shutdown.
Read MoreASX up 0.26% at noon as US bond yields hit a high not seen since 2009
Yields on 30-year Treasuries are experiencing their most significant quarterly increase since 2009, causing concerns that the recent bond market turmoil could have broader implications for financial markets.
Read MoreInterest rate challenges for US small and mid-sized stocks
The Federal Reserve's commitment to maintaining higher borrowing costs for an extended period threatens the fragile balance sheets of smaller enterprises.
Read MoreUS stocks rise, Traders watch Treasury yields
Stocks rose Thursday, as Wall Street tried to regain some of this month’s steep losses and traders kept an eye on Treasury yields.
Read MoreChariot Corporation making waves in US lithium market
Chariot Corporation, soon to be ASX-listed next month, is making waves in the US lithium market.
Read MoreASX closes 0.1% lower following drop in retail sales
The ASX closed lower on Thursday, primarily due to a decline in consumer stocks following an unexpected drop in monthly retail sales figures.
Read MoreASX up 0.32% at noon as oil prices surge
Oil prices surged towards $100 per barrel as US storage hub stockpiles hit critical lows, with West Texas Intermediate trading near $94 per barrel after a 3.6% jump, driven by Cushing, Oklahoma inventories falling to their lowest levels since July the previous year.
Read MoreCushing faces oil shortage crisis
A critical US oil town, Cushing, Oklahoma, is grappling with a dire oil shortage that is sending shockwaves through energy markets, pushing US oil prices above $94 per barrel for the first time since August 2022.
Read MoreDow ticks lower overnight: WTI crude oil records best day since May
The Dow Jones Industrial Average fell Wednesday, building on the steep losses from the previous session, as an uptick in Treasury yields and oil prices dented investor sentiment.
Read MoreASX closes 0.1% lower: nine out of eleven sectors saw losses
The Australian stock market didn't react significantly to a 5.2 percent increase in inflation because it was in line with expectations.
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Australian wine industry faces uncertain future amidst tariffs and changing markets
The Australian wine industry, once a thriving sector and a major contributor to the nation's exports, finds itself in a state of upheaval due to punitive tariffs imposed by China and shifting global market dynamics.
Read MoreASX down 0.22% at noon: CPI increases to 5.2% in August
The monthly consumer price index in Australia increased to 5.2% for the 12 months ending in August, up from 4.9% in July, according to the Australian Bureau of Statistics, matching market expectations.
Read MoreUS markets slide on new home sales and consumer confidence data
The Dow Jones Industrial Average fell Tuesday after the latest home sales and consumer confidence reports stoked concern over the state of the US economy.
Read MoreASX closes 0.54% lower due to sell-off in tech and real estate stocks
On Tuesday, the Australian stock market experienced a decline primarily due to a sell-off in technology and real estate stocks.
Read MoreLinius Technologies’ dynamic journey to success & what lies ahead
Linius Technologies (ASX:LNU) specialises in the development and commercialisation of SaaS solutions for video, particularly for the sports market. Linius Media Solutions is a portfolio of products that enables their customers to unlock the value of their vast video archives post-live, curating and publishing higher quality content, and enabling truly personalized and immersive viewing experiences for fans.
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