Markets

US sharemarkets posted modest gains on Tuesday. The telecom services sector and financials led the gains while utilities and real estate sectors fell. Shares in Apple fell by 0.4% in response to the release of the new iPhone X device.

Losses in the energy and telco sectors weighed on the market in late trade. The ASX 200 finished flat, down just 2 points to 5,744 – after being up about 30 points or 0.5% in early trade.

The local share market is improving for a third straight session, helped higher by strong performances from the banks & miners. The ASX 200 is up 0.5% to 5,777.

US sharemarkets posted strong gains on Monday. Insurers rose on reports that damage caused by Hurricane Irma is likely to be less than earlier thought. Shares in Apple rose by 1.8% ahead of new product launches on Tuesday.

The local share market has managed to extend yesterday’s gains, helped by improvements in the financial and materials sectors.

The banks are again helping to lift the local share market higher on Tuesday. The ASX 200 is up 42 points or 0.7% to 5,755.

The local share market is off to a strong start, supported by gains from the banks & healthcare stocks. The ASX 200 is up 33 points or 0.60% to 5,705.

US sharemarkets were mixed on Friday. Investors focussed on the stocks and sectors likely to be most affected by damage caused by Hurricane Irma.

The Australian share market has gained 0.7% or 40 points to 5,713, boosted by a recovery in the financial sector. On the flip side, gold miners gave up some recent gains.

US sharemarkets were mixed on Thursday. Media stocks eased after earnings updates from Walt Disney and Comcast.

The Australian sharemarket eased by 0.3% today and ~1% in five days due to losses from the major banks. For the first time in 11 months the ASX 200 lost ground for three consecutive weeks.

The Australian sharemarket is down 0.3% on Friday after finishing flat yesterday. The banks and energy producers are the main drags. Should nothing change this afternoon, this will be the third weekly decline for equities.

US sharemarkets rose on Wednesday, supported by the financials and energy sectors. Investors were heartened about progress by the White House and Congress to avoid a shutdown of the government and extend the US debt limit to December 15.

The Australian market is off to a better start with the ASX 200 lifting by 0.3 per cent at lunch, which is just enough to recoup Wednesday’s losses.

The Australian market is off to a better start with the ASX 200 lifting by 0.3 per cent at lunch, which is just enough to recoup Wednesday’s losses.

US sharemarkets fell on Tuesday as investors responded to the weekend news that North Korea had successfully tested a hydrogen bomb.

Local shares fell 0.3% or 16 points for second session this week as investors digested weaker than expected economic data and a weak US lead on geopolitical tensions.

The Australian sharemarket is slipping for the second time this week on a weak lead from Wall Street and North Korea uncertainty. Losses from banks and insurers are the main drags, while a handful of stocks are ex-dividend.

US sharemarkets were closed for the Labor Day holiday. European sharemarkets fell on Monday in response to news that North Korea had made a successful test of a hydrogen bomb.

Local shares recover from early losses of 33 points or 0.4% as a recovery in banking stocks and materials lead the ASX 200 to a flat finish.

Local shares have continued to slide with broad losses across most sectors. The financials have been the main drag with materials best performers .

US shares posted modest gains on Friday. Weaker-than-expected job growth restrained expectations for another lift in interest rates this year. Traders now see just a 39% chance of a rate hike in December.

ASX 200 falls 0.4% as investors flee to safety amid North Korean nuclear testing as financials also weigh on the local market.

South Korea carries out a missile drill in response to North Korea’s sixth nuclear test, markets nervous about the outcome of the heightened threats.

The local share market has made a lacklustre start to the trading day, with the ASX 200 flat at mid-session. The index was barely changed over the month of August, slipping by just 0.10%.

US sharemarkets rose on Thursday. Investors interpreted that the low inflation reading would reduce the need to hike interest rates. And Treasury Secretary Steven Mnuchin said that a detailed tax reform plan would be implemented by the end of 2017.

The ASX 200 has finished the session up 0.2%, regaining earlier losses thanks to a recovery in the financial sector.

A recovery in the financial sector is helping to lift the local share market higher on Thursday. The ASX 200 is up 28 points or 0.5% to 5,698.

US sharemarkets rose on Wednesday with technology shares out-performing. Stronger economic data was balanced against ongoing worries about the geopolitical situation on the Korean peninsula.

The ASX 200 has finished the session up 0.8% or 44 points to finish above 5,700 points. Harvey Norman shares though dropped 7% after the retailer cut its final dividend.

The local share market is flat with gains from the materials and energy sectors offset by losses from the banks & telcos as Telstra shares trade ex-dividend.

US sharemarkets recovered from lows to end higher on Tuesday. Geopolitical fears drove early trade but stronger US economic data and a weaker US dollar serve to settle investor jitters.

The ASX 200 has finished the session unchanged at 5,669 as geopolitical tensions eased somewhat. Gains from the energy and materials sectors were offset by losses in the telco & financial sectors.

The ASX 200 is down 1.0% following a rout on Asian markets in reaction to North Korea’s latest missile test over Japan, which caused a serious escalation in tensions in the region.

US sharemarkets were mixed on Monday. Hurricane Harvey has caused widespread flooding through Texas and investors were assessing the impact across a number of industry sectors.

The ASX 200 has closed down 0.7% to 5,669, amid a sell-off on Asian markets following North Korea’s latest missile test – this time over Japan.

The ASX 200 is down 0.7% at mid-session with almost all sectors losing ground. The energy sector is the clear standout, after Hurricane Harvey caused damage to US oil production facilities.

US blue-chip shares rose on Friday. Investors went about their business after Janet Yellen failed to mention monetary policy in her speech. The US president’s chief economic adviser Gary Kohn said that the White House would turn its attention to tax reform in the coming week.