Markets

US sharemarkets fell sharply on Tuesday, prompted by rising bond yields and declines in healthcare shares. Amazon, Berkshire Hathaway and JPMorgan said they plan to form a venture aimed at lowering healthcare costs for their US employees.

The local sharemarket has been buoyed by strong gains in the healthcare and telco sectors. The ASX 200 is up 14 points or 0.20% to 6,037.

The local sharemarket has kicked off the session in negative territory, weighed down by a weak lead from Wall St following a rise in US long term interest rates.

US sharemarkets fell on Monday. Shares in Apple fell 2.1% on reports of weak demand for its iPhone X. Investors squared positions ahead of key economic data and the Federal Reserve meeting. In US economic data, personal income rose by 0.4% in December.

The local sharemarket has lost Monday’s gains, falling 0.9% or 52 points to 6,022. Every sector retreated, with mining & energy stocks the worst performers.

The local sharemarket has been buoyed by a positive lead from Wall Street. Almost all sectors are higher in early trade, with the ASX 200 up 21 points or 0.4% to 6,071.

US sharemarkets rose on Friday in response to good earnings data and a generally softer greenback. Shares in Intel rose by 10.55% in response to its earnings report.

The local sharemarket has made a positive start to the week, with the ASX 200 rising 25 points or 0.4% to 6,075. Telco & Healthcare stocks rallied, while gains from energy & financials also helped lift the index higher.

The local sharemarket is losing some of its shine, after climbing for the past two sessions. The ASX 200 is down 6 points or 0.10% to 6,048 with gains from mining & energy stocks helping to limit the losses.

US sharemarkets were mixed on Wednesday. Investors digested comments from US Treasury Secretary Steven Mnuchin, endorsing a weaker greenback.

The ASX 200 has finished down 0.10% on Thursday. However, the index has improved by 0.6% over the holiday shortened week.

The Aussie market is continuing on from yesterday’s gains as the ASX 200 lifts 16pts or 0.3% at lunch to rise above 6050pts. Most sectors are higher with only materials stocks in the red.

US sharemarkets were mixed on Tuesday. Shares in Netflix rose by 10% in response to its latest earnings results, in turn boosting other technology stocks. Shares in Whirlpool rose 3.2% after US President Trump sharply lifted tariffs.

The local sharemarket has managed to extend yesterday’s gains, helped by strength in the healthcare, energy and financial sectors. The ASX 200 rose 0.3% or 17 points to 6,054.

The ASX 200 is up 42 points or 0.7% percent, buoyed by a positive lead from Wall Street and gains in the Energy, Healthcare & Financial sectors.

US sharemarkets finished at record highs on Monday. Investors were encouraged by new forecasts for global growth and the news that the Government shutdown would end for now.

Investors reacted positively to the IMF updating global growth forecasts today, sending the ASX 200 up 45 points or 0.80% to 6,037 – snapping a five-session losing streak.

The ASX 200 gave up early gains on Monday as investors wait to see if US lawmakers can find common ground to avoid a continuing shutdown of the US Government.

The ASX 200 gave up early gains on Monday as investors wait to see if US lawmakers can find common ground to avoid a continuing shutdown of the US Government.

The ASX 200 gave up early gains on Monday as investors wait to see if US lawmakers can find common ground to avoid a continuing shutdown of the US Government.

The local sharemarket has lost earlier gains, and is trading flat at midday. The Aussie dollar has continued its ascent, trading at a four-month high of 80.02 US cents.

US sharemarkets were weaker on Thursday. Investors remain wary of taking on new positions ahead of a possible government shutdown as temporary funding expires. The Dow slipped 98 points or 0.4%, the S&P 500 fell 0.2%, while the NASDAQ lost 0.1%.

The ASX 200 has finished in the red for a fifth straight session. Over the week, the index lost 1% adding to last week’s 0.85% loss.

Local shares are a touch higher as gains in banks and telcos are being offset by losses among energy and mining stocks. The ASX 200 is 3pts higher to 6018pts towards lunch.

Strong rally overnight in the US all sectors on the S&P 500 ended higher. The Beige Book summary of economic conditions from the US Federal Reserve indicates that the economy has continued to expand from late November to the end of 2017.

The ASX 200 has finished the session down 1 point, held back by weakness in the Energy and Materials sectors.

Heavy losses in the Materials sector – on the back of weaker commodity prices – are weighing on the market today. The ASX 200 is down 0.5% or 31 points to 6,016 – extending yesterday’s losses.

US sharemarkets fell from highs in afternoon trade. At the close of trade the US Dow Jones was lower by 10 points or less than 0.1% after lifting by 283 points to 26,086 points in early trade. The Nasdaq was lower by 37 points.

The ASX 200 has fallen another 0.5% on Wednesday, adding to Tuesday’s 0.5% decline. The market was weighed down by losses in the Materials sector, which dropped 2.0%.

A selloff in financial, telco & resource stocks is weighing on the market. The ASX 200 is down 25 points or 0.4% to 6,051.

US markets closed for Martin Luther King Junior holiday. Gold and oil lifted in European trade. Aussie dollar above 7950 US cents.

The ASX 200 has finished the session down 28 points or 0.5% to 6,048 – held back by losses in the Energy, Telco & Financial sectors.

The local sharemarket has been buoyed by a positive lead from Wall St and strong gains in the Materials sector. The ASX 200 is up 0.3% or 17 points to 6,087.

US sharemarkets rose to record highs on Friday. Investors were encouraged by the first profit results of the earnings season. Investors also positioning trades ahead of the the Martin Luther King Jr holiday observed today.

The ASX 200 finished the session up just 7 points, having been up about 30 points in early trade. The market was buoyed by gains from the Materials sector, however banks were flat & energy stocks declined.

The local sharemarket has snapped a two-session losing streak – helped higher by a rally in the materials sector. The ASX 200 is up 0.2% or 10 points to 6,077.

Rising oil prices lifted energy stocks. Shares of Chevron (+3.0%) and Exxon Mobil (+1.0%) both increased. Delta Air Lines shares rose by 4.8% after reporting an upbeat quarterly profit result due to higher business airfares in the holiday season.