Overnight: Day Two
Wall Street suffered typical day two selling last night but there were some glimmers of hope. Dow down -545.
Read MoreWall Street suffered typical day two selling last night but there were some glimmers of hope. Dow down -545.
Read MoreFor the second day in a row, Wall Street fell heavily as bonds pared back some of their losses on Thursday. The yield on the key 10 year US Treasury bond ended at just over 3.14% – it was above 3.26% on Monday.
Read MoreThe theme of early selling continued last night on Wall Street but this time the buyers were absent, as technical breaches sparked computers into a scramble. Dow down -831.
Read MoreThe worst day for Wall Street since the big sell-off in February as the slide in tech giants accelerated, led by Amazon and Netflix.
Read MoreA downgrade to the global growth forecast yesterday was not well-timed given fragile sentiment. Dow down -56.
Read MoreThe Australian sharemarket is now in negative territory for the year after slumping to another nasty loss yesterday for the second day in a row.
Read MoreAs each morning sees Wall Street tumble, each afternoon sees it bounce right back again. Dow up 39.
Read MoreIn this video, Emma Goodsell from Airlie Funds Management gives Informed Investor her views on Australian building products manufacturer James Hardie (ASX: JHX).
Read MoreAmerica’s third-quarter earnings season kicks off this week with 7 S&P 500 companies reporting, led by a trio of giant banks in the shape of JPMorgan, Wells Fargo and Citigroup on Friday.
Read MoreWith the trade war between President Donald Trump and China still echoing, the latest economic data from the world’s second-biggest economy will start flowing this week and first up it will be the trade data for the month and the quarter.
Read MoreThe ASX is heading for a weak start today after Wall Street sold off again on Friday as the surge in US interest rates overwhelmed the jobs report for September.
Read MoreRising US bond yields will again dominate Wall Street this week and other markets as investors grapple with the most significant rise in yields since February of this year.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreA rethink on rising US bond yields had Wall Street tumbling last night as the bond breakout kicked on. Dow down -200.
Read MoreThe US ten-year yield broke out last night on strong US data and some easing of fears with regard Italy. Dow up 54.
Read MoreLast night’s session on Wall Street was a repeat of Monday night’s as investors moved back into the big industrials at the expense of tech and small caps. Dow up 122 to a new record.
Read MoreThere’s $US500 billion missing at General Electric, or that’s the market value of Facebook, or half that of Apple.
Read MoreAfter much negotiation and false starts, Canada has come to the party on NAFTA 2.0. Dow up 192.
Read MoreIt’s back to the future, for yet another month this week with the US jobs report out on Friday night. Economists think it will be another solid month.
Read MoreLooking ahead and markets though will have to grapple with the instability that will come from the final month of campaigning for the US mid-term polls on the first Tuesday in November, the continuing fractiousness in Britain of the Brexit process and whether there could be a snap general election, while rising oil and petrol prices will be a concern in the US, Australia, and other economies.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreUpgrades to Apple and Amazon rather clouded Wall Street’s day-later interpretation of the Fed statement, but a soaring greenback said much. Dow up 54.
Read MoreWall Street turns tail as the rate hike statement from the Fed suddenly excludes the word “accommodative”. Dow down -106.
Read MoreAs expected the US Fed has lifted short-term interest rates for a third time this year and indicated there will be more to come this year and in 2019 and 2020.
Read MoreWall Street continued to consolidate and bond yields rose ahead of tonight’s Fed announcement and press conference. Dow down -69.
Read MoreTrade relations between the US and China have deteriorated further, suggesting the war will not be over by Christmas as hoped. Dow down -181.
Read MoreTonight the S&P 500 is changing the lineup of the 11 company sectors that make up the benchmark index – it’s the biggest shake-up ever and will see major tech stocks group together in a new sub-index, which will attract billions of dollars on direct and indirect investment (via ETFs).
Read MoreThe ASX is looking at a weak start this morning after traders pushed the ASX 200 futures market down 23 points on Friday night.
Read MoreThe ASX 200 is up about 0.5% in early trade, helped by strength in the mining & financial stocks. As rally on Wall Street also helped boost investor sentiment.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreLast night the Dow hit a new all-time high for the first time since January, up 251.
Read MoreThe Australian sharemarket is down 0.4% in early trade, weighed down by falls from retail, energy and financial stocks. Banks are under pressure after Westpac announced discounts on new loans in an effort to win over new customers.
Read MoreThe big industrials were again sought after on Wall Street last night but this time the banks also joined in. Dow up 158.
Read MoreA sharp rebound on Wall Street suggests traders believe Trump may actually be winning the trade war. Dow up 184.
Read MoreThe president has promised an announcement on the new tariff tranche and last night it was Big Tech that ran scared. Dow down -92.
Read MoreThe local sharemarket is a touch higher at mid-session, helped by gains in the financial, telco and energy sectors.
Read MoreUS stocks struggled to the end of trading on Friday but still managed their best week in two months.
Read MoreThe ASX is heading for a lacklustre start to trading later today after last week’s less than convincing rebound from the sharp falls at the start of the month.
Read MoreA quiet week globally for regular data drops and other reports, but there’s a summit between North and South Korea, a meeting of the United Nations, the mid-month updates on the health of manufacturing and services, some July 31 corporate reports in Australia and a big shakeup in the structure of the S&P 500, the world’s major stock market index.
Read MoreA brief look at important company events and economic data releases next week.
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