Markets

The ASX 200 has finished the session in the middle of the day’s range, down 0.2%. Investors are cautious amid rising tensions between the US and Russia over the war in Syria.

The local sharemarket is under pressure on Wednesday, held back by falls in the Telco, Financial and Consumer Staples sectors. The ASX 200 is down 0.3% or 20 points to 5,837.

US sharemarkets posted solid gains on Tuesday after a conciliatory speech by Chinese President Xi Jinping reduced trade tensions. Shares in Facebook rose by 4.5% on testimony by the chief executive to lawmakers.

The local sharemarket has closed near the day’s lows, held back by falls in the financial sector. The ASX 200 lost 0.5% or 28 points to 5,828 – declining for the first time this week.

Initial weakness came in response to a retreat in US equity markets following reports that the FBI had raided the offices of President Trumps lawyers.

US sharemarkets rose on Monday but ended off the highs. Reuters reported that Chinese President Xi Jinping speaks at the Boao economic conference in Asia on Tuesday.

The local market recovered after a speech by Chinese President Xi Jinping on the need to maintain a constructive approach to free trade, specifically cutting tariffs on auto imports and opening the Chinese market to finance, aviation and shipping.

The local sharemarket is virtually unchanged at mid-session, with gains from consumer staples, healthcare and telco stocks offset by weakness from the energy, materials and financial sectors.

US sharemarkets fell on Friday. Investors were uncertain about the broader implications of the US-China trade dispute. Investors also debated whether the employment data would change the outlook for US interest rates.

The local sharemarket has kicked off the week in positive territory, helped by a turnaround in the financial and materials sectors. The energy sector was the only to finish in the red, slipping 0.4%.

The ASX 200 is down 0.2% at mid-session, with investors concerned after US President Trump flagged an extra US$100 billion in tariffs on Chinese imports.

US sharemarkets rose on Thursday as the Trump Administration played down trade war concerns. Boeing shares rebounded by 2.7%. DowDuPont shares rose by 2.8%.

The ASX 200 has finished flat on Friday. Over the week though, the index rose 0.5%, recovering slightly from six-month lows.

The local sharemarket is extending yesterday’s gains, helped by a positive lead from Wall Street and strong gains in the financial sector. The ASX 200 is up 34 points or 0.6% to 5,795.

US sharemarkets rebounded from lows on Wednesday. At the start of trade the Dow Jones index slumped by 510 points on fears of a widening of the trade dispute between the US and China.

The local sharemarket has managed to hold on to earlier gains, boosted by a strong performance from the banks. The ASX 200 closed up 27 points or 0.5% to 5,788.

The local sharemarket is retreating for a fourth straight session, with the ASX 200 down 0.1% or 8 points to 5,743 as concerns about a US-China trade war intensifies.

US sharemarkets rose on Tuesday. Shares in automakers rose in response to solid sales figures. Shares in Spotify debuted on Tuesday at US$165.90 and ended trade at US$149.01 or up 12.9% from the US$132 reference price.

The ASX 200 has broken a four session losing streak, closing up 0.2% or 9 points to 5,761. Investors shrugged off increasing trade tensions between the US and China.

The local sharemarket is under pressure today, following a slump on Wall Street overnight. The ASX 200 is flat, with gains from energy & materials stocks offset by weakness from consumer discretionary & financial stocks.

US sharemarkets remained volatile on Monday with technology stocks faring the worst. Shares in Amazon fell by 5.2% after President Trump issued more negative tweets.

The local sharemarket has started the new month in negative territory, easing by 0.10%. Santos shares soared 16% after receiving a $13.5 billion takeover bid from Harbour Energy.

The ASX 200 has fallen 3.8% so far in March and is on track to record its worthy monthly decline since May 2017. At lunch, the ASX 200 is unchanged at 5,788.

US sharemarkets remained volatile on Wednesday. Investors weighed the potential for tighter regulations on technology stocks, mulled firmer economic data and remained fearful about a trade war between the US and China. At the close of trade.

The ASX 200 has slumped 4.25% in March, its worst monthly performance since January 2016. Over the past three months, the index is down 5%.

US sharemarkets fell on Tuesday as technology shares weighed on the broader market. Facebook shares fell by 4.9% on a broker downgrade by Bank of America Merrill Lynch. CEO Mark Zuckerberg will reportedly testify in front of US Congress.

The ASX 200 gave up yesterday’s gains, closing down 0.7% or 42 points to 5,789. The index was weighed down by heavy falls in the materials and financial sectors.

The local sharemarket is under pressure on Wednesday, following heavy falls on Wall Street overnight. The ASX 200 is down 0.5% or 29 points to 5,803.

The local sharemarket is having its best one-day improvement in two weeks, up about 0.7% follow a rebound on Wall Street overnight. Almost all sectors are higher, with IT, Industrials and Healthcare stocks leading the gains.

US sharemarkets rebounded as trade tensions between the US and China appeared to ease. Reports that China had offered to buy more semiconductors from the US to help cut its trade surplus with the US boosted trader optimism.

The local sharemarket has rebounded from three consecutive sessions of losses as concerns surrounding escalating trade tensions between China and the U.S eases. The ASX 200 finished 42 or 0.7% higher at 5,832 points. All sectors closed higher with materials lifting the most.

The local sharemarket has kicked off the week in negative territory, with almost all sectors losing ground. The ASX 200 is down 29 points or 0.5% to 5,790.

US sharemarkets fell in late trade on Friday on continued uncertainty about the prospect of a trade war between the US and China. The Dow Jones index fell to 4-month low.

Ongoing concerns about a US-China trade war weighed on the market on Monday. The ASX 200 declined for a third straight session, finishing down 30 points or 0.5% to 5,790.

US sharemarkets fell on Thursday on fears that a trade war could be ignited by fresh tariffs proposed by the US President to be applied on China. The Dow Jones index closed lower by 724 points or 2.9%. The S&P 500 index fell by 2.5%.

Escalating trade tensions between the US and China has sparked a rout on global markets on Friday. The ASX 200 slumped 2% or 116 points to 5,820 – its worst one-day performance in six weeks. All sectors declined with banks & miners the hardest hit.

The ASX 200 has dropped 1.9% in early trade, following a sell-off on Wall Street overnight. Investors are concerned after US President Trump flagged tariffs of up to US$60 billion on Chinese goods.