Overnight: Blind Faith?
A tweet from The Man suggesting progress on US-China trade talks saved Wall Street from a a weak start last night. Dow up 264.
Read MoreA tweet from The Man suggesting progress on US-China trade talks saved Wall Street from a a weak start last night. Dow up 264.
Read MoreWall Street saw a second consecutive rally last night, to mark its first two-day streak in October as the month came to an end. Dow up 241.
Read MoreOnly gold, the US dollar, and iron ore could claim bragging rights in red October as they finished with gains for what turned out to be a miserable 31 days of trading that was given a lift on the final two days with a nice rally on Wall Street.
Read MoreThe ASX had its worst month in more than three years in October – the 6.1% slump was the biggest fall since August 2015.
Read MoreFaltering US giant, General Electric continues to be a lesson for other companies and investors around the world.
Read MoreThe late recovery rally on Wall Street on Monday night continued into a strong rally last night. Dow up 431.
Read MoreUp 350, down -550, closing down -245. A wild night on Wall Street, as Dow movements suggest.
Read MoreThe Dow swung from a 325 point gain to being down 500 points and then recovered to close down 245 points in a day of wild swings.
Read MoreIt will be an active week for investors here and around the world – above and beyond febrile markets.
Read MoreAccording to an estimate from Deutsche Bank, the big sell-off on world markets has erased about $US5 trillion in value from global stock and bond markets so far in October alone.
Read MoreApple’s quarterly results will dominate markets in the US and around the world this week with a lot at stake – including its continuing role as America’s (and the world’s) most valuable listed company, not to mention the impact of the report on fragile investor sentiment.
Read MoreWhile iron ore, coking coal, and LNG prices remain solid, metal prices continue to weaken, as did oil last week, while safe-haven buying saw gold up for another week.
Read MoreDespite the weakening in markets and the Chinese economy the iron ore boomlet continues while prices for hard coking coal remain solid and LNG prices show little signs of weakening.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreWall Street bounced back last night, sparked by solid early earnings result releases, having been heavily oversold on Wednesday night. Dow up 401.
Read MoreThere’s going to be some nervous investors in Australia and elsewhere after Wall Street veered off script this morning.
Read MoreLed by a near 25% plunge in the value of the AMP, Australian shares have crashed into correction territory and wiped out all the gains of the past year to be down 6.6% for 2018 so far.
Read MoreDon’t rely on the forthcoming tech stocks reports to steady the ship on Wall Street. At best they might force investors to think again if the numbers are above estimates.
Read MoreOctober is shaping up to be a brutal month for shares with the S&P falling 8.9% month-to-date, the Dow down 7.1%, and the Nasdaq falling 11.7% since the start of the month.
Read MoreA second test of Wall Street’s prior low in two days this time failed to hold, sparking accelerating selling to the close. Dow down -608.
Read MoreWhile the S&P 500 has yet to correct by 10% or more 75% of its component stocks have fallen that much, or worse. The weakness in the sharemarkets could, if it intensifies, see the Fed slow the pace of rate rises next year.
Read MoreThe Dow fell -548 points from the open last night to a new low before recovering through the session back to square. Late selling followed. Dow down -125.
Read MoreSo has the Chinese market calmed down and taken a deep breath after the second day in a row of strong gains?
Read MoreThe Dow Jones fell by 127 points or 0.5% after holding in a 325 point range. The S&P500 index fell by 0.4% but the Nasdaq index gained 20 points or 0.3%.
Read MoreWall Street continues to bounce around without conviction as it seeks direction, but panic has not set in. Dow down -126.
Read MoreHearts and Minds Investments, a new listed investment company with performance and charitable goals, has closed its general offer early following strong market support.
Read MoreThe first peak week of the US third-quarter earnings season starts tonight with 160 S&P 500 companies due to report lead by tech giants Amazon and Alphabet.
Read MoreIn Australia the noise this week will come from the political sphere, over in the US 160 S&P 500 companies are due to report while first reading of Q3 GDP data is due on Friday night our time.
Read MoreFor the first time in four weeks financials did well last, AMP also stormed 6.2% higher while the big loser for the week was discount retailer, The Reject Shop which fell more than 45%.
Read MoreThe S&P 500 & Dow each snapped a three-week losing streak, Eurozone shares were up 0.3%, Australian added 0.7%, Japanese shares down 0.7% & Chinese shares down 1.1%.
Read MoreWhile the Chinese stockmarkets notched up their strongest daily gains since early August on Friday, it was a one day wonder and couldn’t help them to erase the losses of another week of miserable trading.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreChina, Italy, UK, Saudi Arabia, US rates, US dollar, US earnings reports…so much to worry about on Wall Street. Dow down -327.
Read MoreWall Street rocked and rolled last night from an early drop in a typical session of post-pullback uncertainty. Dow down -91.
Read MoreA wishy-washy session on Wall Street ended with a fade to the close and a lack of any clear direction. Dow down -89.
Read MoreIn Australia, Federal Parliament returns this week with a likely agreement on cutting company tax for small businesses expected. But the Wentworth by-election on Saturday is the major event in this country this week.
Read MoreA misleading end to futures trading on the ASX 200 overnight Friday with a fall of 51 points indicated for the start of trading today.
Read MoreIt was a late bounce that pushed Wall Street higher on Friday afternoon, but the question for investors around the world is whether it is sustainable, or of the dead feline variety which if it is, means there’s another slide around the corner.
Read MoreUS third-quarter earnings season has got off to a solid start with Delta Airlines and mega banks, JPMorgan, Citigroup and Wells Fargo all reporting solid quarterly profits in the first week of the third quarter reporting season.
Read MoreA brief look at important company events and economic data releases next week.
Read More