Local shares remained under pressure on Tuesday as investors grapple with the economic impact of the coronavirus. One consolation was that the ASX 200 ended off session lows after US stock futures traded higher in after-hours trade.

The ASX 200 followed Asian Indices lower as investors focused on growth headwinds as a result of the Coronavirus.

Local shares are suffering the worst selloff so far in 2020 with the ASX 200 plunging 153 points or 2.1% to 6986 at lunch on Monday. The index is following a soft lead from Wall Street where the spread of the coronavirus outbreak outside of China is becoming a concern for investors. The outbreak has been a major cause of volatility for markets, just last Thursday the ASX 200 hit fresh all-time highs.

The ASX 200 down by 15pts or 0.2% to 7,149.1. Despite the losses, the local market is still up by around 7% this calendar year in spite of the coronavirus concerns.

Aussie dollar slumps as investors favour safe havens.

Local shares rose this morning after Wall St hit record highs overnight on China stimulus hopes. Investors were also encouraged by the latest employment figures which revealed strong full time jobs growth.

US sharemarkets rose on Wednesday with the S&P 500 and the Nasdaq indexes hitting all-time highs on China stimulus hopes.

Here’s what you need to know for the day ahead.

Local shares started the session in much the same way they ended a day earlier with sellers gaining the upper. In sector terms Technology names have led the declines, reflecting a 15% fall in Altium (ALU) shares.

The ASX 200 managed to lift off the session lows to close 5 points or 0.07% lower at 7125 with financials the main drag. Communications & consumer discretionary stocks were the other weights on the top 200 index.

Local shares held their ground in early trade on Friday, dismissing the lower finish on Wall St to be posting modest gains in early trade.

US sharemarkets were mixed as investors came to grips with a new methodology for measuring coronavirus cases.

The ASX 200 finished 15pts or 0.21% firmer to 7103.2, lifting for a third day, in what was a choppy day for the Australian sharemarket. Equities were driven most by mixed signals on the spread of the Coronavirus.

US sharemarkets retreated from record highs on Tuesday. There was positive news on the slowing of coronavirus cases.

The ASX 200 ended Tuesday’s session with a gain of 43 points or 0.6%. Every ASX sector ended higher – although solid gains for the big banks were the foundation. Hearing implant maker Cochlear (COH) ended lower following a profit warning.

Local shares have followed global markets higher with banks providing the foundation for the day’s gains. Earnings results from Northern star (NST), Challenger (CGF) & Transurban (TCL) also helped to lift the markets.

US sharemarkets hit record highs during Thursday’s session. Investors were encouraged by China’s move to cut tariffs a day after the central bank cut interest rates.

US sharemarkets rose on Wednesday. Investors were encouraged by strong economic data and reports of progress by scientists in developing treatments for coronavirus.

US sharemarkets rose sharply in response to the stimulus provided by China’s central bank.

Local shares are modestly higher at lunch on Tuesday after the steep retreat seen on Monday. Health care names are the most improved, along with consumer discretionary operators. Shares in Temple and Webster (TPW) surged after reporting better than expected earnings.

The ongoing concerns over the coronavirus outbreak has weighed on the local sharemarket as we move into the month of February.

Local shares have followed the example set by their US peers overnight & moved higher on Friday. Investors have been encouraged by the assessment of the WHO which highlighted that Chinese authorities are managing the Coronavirus pandemic effectively.

US sharemarkets fell in line with other global markets on Thursday as investors dissected the economic and financial effects of the coronavirus.

The ASX 200 has seen mixed trade so far on Thursday as investor weigh a host of company updates. At the same the Coronavirus continues to demand attention as forecast assess the economic fall out.

Early gains fade as Coronavirus cast a shadow over sentiment.

Local shares have recovered from the biggest one day sell off this year. Consumer staples have been weighed down by 22% fall of Treasury Wine Estates (TWE) shares. Banks are providing the foundation for the days gains.

With an hour of trade to go the Dow Jones index was up by 270 points or 1.0%. The S&P500 index was up by 1.2% and the Nasdaq index gained 140 points or 1.5%.

The Australian share market followed the trend established by most global markets in the last day. The ASX 200 suffered its worst day of year to day.

The Australian sharemarket is in negative territory today with the concerns of impact from the Corona virus.

US sharemarkets were mixed on Thursday. Key indices bounced from lows after the World Health Organisation said the Novel coronavirus didn’t yet constitute an international public health emergency.

US sharemarkets eased on Wednesday. Investors monitored news of the spread of the Wuhan coronavirus in China.

US sharemarkets eased on Tuesday. Investors focussed on news of the spread of a new coronavirus in China.

The ASX 200 has closed higher on Tuesday at 0.51%. Banks led the gains, along with Iron Ore prices which reached 5 year highs. The Aussie dollar sits at US$69.30.

The local share market has risen as yesterday’s bank losses turned to gains in early trade on Tuesday. Bulk iron ore miners jumped as iron ore prices added to the gains of recent days and weeks.

The ASX 200 has closed lower on Monday at -0.06%. Banks were the main weight. Vocus Communications (VOC) was the standout improver with a gain of around 17% in response to a takeover bid from private equity group EQT.

The ASX 200 has traded in and out of negative territory with a lack of direction on Monday in early trade. Banks are the main weight on the Index with all of the big four lenders lower by as much as 0.5% at lunch time.

The Dow Jones index ended lower by 286 points or 1.1% after falling by more than 400 points at its lows. The S&P500 index lost 1.2%. And the Nasdaq index fell by 122 points or 1.6%.

The ASX 200 has retreated in early trade, reflecting weakness on Wall St overnight. Additionally, bank names have been the greatest weight on the index having posted considerable gains in recent days.

After being down 122 points at one stage, the Dow Jones index ended lower by 101 points or 0.4%. The S&P500 index lost 0.3%. And the Nasdaq index fell by 35 points or 0.5%.

Jones index rose by 197 points or 0.8%. The S&P500 index rose by 0.9%. And the Nasdaq index rose by 83 points or 1.1%.