ASX up 0.7% at noon as more earnings are released
At noon, the S&P/ASX 200 is 0.69 per cent higher at 7,170.90, primarily driven by positive earnings results from Woolworths (ASX:WOW) and Domino's Pizza (ASX:DMP).
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S&P500 falls as Treasury yields rise
The S&P 500 fell Tuesday, weighed by concerns over rising Treasury yields ahead of a key speech later this week from Federal Reserve Chairman Jerome Powell, as well as declines in banking and retail shares.
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ASX down 0.07% at noon as Tech rallies
At noon, the S&P/ASX 200 is 0.07 per cent lower at 7,110.50, due to losses by key stocks offset a rally in technology shares.
Read MoreNasdaq gains as Nvidia pops ahead of earnings report
The Nasdaq Composite snapped a four-day losing streak on Monday, even as Treasury yields reached levels not seen in over a decade.
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Afternoon update: ASX dips 0.11%, Allkem shines, Global markets mixed
The S&P/ASX 200 index is currently trading 0.11 per cent lower at a value of 7,140.20. The SPI futures are down by 14 points.
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Dow records worst weekly performance since March
Stocks closed Friday's session with weekly losses, as Wall Street's August struggles continue.
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US stocks slide as investors assess jobs data and new earnings
Stocks slid for a third session on Thursday as investors digested the latest round of earnings and economic data.
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Stocks fall for a 2nd consecutive day as investors assess the Fed’s July meeting
Stocks fell Wednesday as investors digested a summary of the Federal Reserve’s July meeting, which hinted at potentially higher rates.
Read MoreASX closes 1.5% lower as Tech falls by 2.93%
On Wednesday, the ASX experienced a significant drop in response to a global sell-off that took place overnight. At the closing bell, the S&P/ASX 200 was 1.5 per cent lower at 7,195.20.
Read MoreASX down 1.31% as China’s deflation concerns spooks investors
China's shift towards deflation is causing concern in financial markets, yet some money managers suggest potential positive outcomes, as lower prices stemming from China's role as a major global producer could lead to reduced costs worldwide.
Read MoreStocks suffer as China’s data figures disappoint
Stocks fell Tuesday as concern over the state of the economy – China in particular – and a decline in US banks combined to pressure Wall Street.
Read MoreASX closes 0.4% higher as gold price hits five-month low
The price of gold has dropped to a five-month low due to improved expectations of a gentle economic slowdown in the US and a series of disappointing economic indicators from China.
Read MoreAfternoon update: ASX 0.53% higher, China unexpectedly cuts rates
The S&P/ASX 200 index is currently trading 0.53 per cent higher at 7,315.80. Wages have seen a 0.8 per cent increase, falling short of the anticipated 0.9 per cent growth.
Read MoreASX up 0.63% at noon as wage growth comes in lower than expected
The Australian dollar experienced a decrease in value following the release of second quarter wages data that fell short of expectations. This development strengthens the argument for the Reserve Bank of Australia to maintain current interest rates without making any adjustments.
Read MoreChip stocks rebound to lift the Nasdaq and S&P500
The S&P 500 and the Nasdaq Composite rose Monday lifted by a rebound in chip stocks and tech names.
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Afternoon update: ASX down 0.92%, Further earnings results released
The S&P/ASX 200 index is currently down 0.92 per cent, with the value at 7,272.80 points. The SPI futures have dropped by 73 points.
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Selloff in semiconductor stocks causes Nasdaq to slip
The Nasdaq Composite ended Friday lower and notched its second consecutive losing week in 2023 as semiconductor stocks languished.
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July CPI data comes in lower than expected on an annual basis
The Dow Jones Industrial Average edged higher Thursday, after the July consumer prices gained 3.2 per cent on an annual basis, less than the 3.3 per cent consensus from economists polled by Dow Jones.
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Afternoon update: ASX 0.12% higher, Lake Resources to give update on Kachi
The S&P/ASX 200 is trading 0.12 per cent higher at 7,346.70. The SPI futures have risen by 11 points.
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Disney & Wynn Resorts report after the bell
Stocks fell Wednesday as Wall Street awaited fresh inflation data coming later in the week.
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Moody’s downgrades US banks
Stocks retreated Tuesday as an August selloff was reignited by a downgrade of the banking sector by credit rating agency Moody's.
Read MoreASX closes 0.03% higher: Goldman Sachs predicts decline in iron ore prices
Goldman Sachs predicts a continued decline in iron ore prices this year due to a looming surplus in the physical market and increasing worries about China reducing its steel output, with the current 11.6% drop in iron ore futures from their recent high of US$114.95 to US$101.65 per tonne expected to worsen by a further 12%, meeting the criteria for a bear market, following a brief commodity price rally sparked by China's commitment to its property sector that has now waned due to inadequate stimulus and escalating concerns over Chinese steel production cuts.
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ASX up 0.07% at noon: NAB survey shows dip in business conditions
In the month of July, the NAB monthly survey exhibited that business conditions experienced a marginal dip of one basis point, settling at +10 index points, while business confidence witnessed a positive shift, rising by two points to reach +2 index points.
Read MoreThe Dow rises on further positive earnings reports
The Dow Jones Industrial Average rose Monday as investors kicked off a week with more corporate earnings.
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