Markets

The ASX 200 has closed down 0.8%, held back by heavy falls in the materials and energy sectors. Over the week, the index slipped 0.2%.

The ASX 200 is up a strong 1.2%, boosted by a rally on Wall Street overnight where the Dow closed at fresh record highs following Donald Trump’s State of the Union address.

US markets have continued their strong run with the Dow up for 12 of the past 13 trading sessions despite a lack of details provided by President Trump in his first speech to Congress.

The local share market has rallied 1.25%, recording its best one-day gain so far this calendar year after US markets hit fresh record highs overnight.

The local share market is under pressure on Wednesday, with the ASX 200 down 0.3%. Telstra shares are weighing on the market, as the telco trades ex dividend.

US sharemarkets were weaker on Tuesday as investors awaited an address by President Trump to Congress. It is hoped that the president will unveil details of tax cuts, defence and infrastructure spending. Shares in Target plunged by 12.5% after the company disappointed with sales results and guidance. At the close, the Dow Jones index was down by 25 points or 0.1% – the first fall in 13 days. The S&P 500 index was down by 0.3% while the Nasdaq was lower by 36.5 points or 0.6%.

The local share market has ended the session slightly weaker, held back by falls from energy & telco stocks.

The Australian share market is recovering some recent losses, with the ASX 200 up 0.4%. Energy stocks are surging, with the sector up 1.9%

US sharemarkets rose on Monday with the Dow Jones recording its 12th day of gains – the longest winning streak since 1987. Investors look ahead to Tuesday’s address by President Trump to a joint session of Congress.

The local share market couldn’t hold on to earlier gains, weighed down by losses in the materials and consumer staples sectors. The ASX 200 slipped 0.2% to 5,712.

The Australian share market has kicked off the trading week in negative territory, weighed down by falls from mining & energy stocks. The ASX 200 is down 15 points or 0.3% to 5,723.

US sharemarkets rose on Friday with the Dow Jones recording its 11th day of gains – the longest winning streak since 1987. Investors look ahead to Tuesday’s address by President Trump to a joint session of Congress. At the close of trade Dow up 11.

The ASX 200 has closed down 0.3%, held down by falls from energy, consumer staples and financials.

Losses in the materials sector are again weighing on the local share market. The ASX 200 is down 25 points or 0.4% to 5,759.

US sharemarkets pared early losses on Thursday, after President Trump told CEO’s of major US corporates that he plans a number of proposals to bring back jobs to the US.

The Australian share market has slipped 1.1% over the week ending two straight weeks of gains. Heavy losses from the miners were to blame for the market’s poor performance.

In the US market waiting on Fed minutes markets higher thanks to Dupont and Dow Chemical merger sign off and US existing home sales boosting housing stock growth.

Mining & utilities stocks slumped on Thursday, dragging down the local share market. The ASX 200 slipped 0.35% to close at 5,784.

The Australian share market has slipped 0.4% in early trade, held down by falls from Utilities, Materials, Healthcare and Energy stocks.

US sharemarkets rose to fresh record highs supported by gains in retailers. WalMart rose by 3.2% after the company reported higher-than-expected sales. BHP (BHP) better than expected half year result boosted by metal prices and tight cost control.

The local share market is trading weaker for a third straight session, held down by falls from financial and healthcare stocks. The Consumer Discretionary, Materials & Telcos are climbing higher.

US financial markets were closed for Presidents Day holiday on Monday. European shares were generally firmer on Monday, underpinned by gains in telecoms and mining stocks.

The ASX 200 has slipped 0.1%, held back by falls from financials, healthcare and consumer staples. Miners and consumer discretionary stocks bucked the trend.

The local share market is being held back by falls in the energy, consumer staples and materials sectors.

US sharemarkets rose to fresh record highs in thin trade on Friday. Investors were reluctant to add to positions ahead of the US Presidents Day holiday.

The local share market has extended Friday’s losses, slipping 0.2%. Industrials were the worst performers, with the sector dropping 1.8%, while energy & consumer stocks also weighed on the market.

The local share market is slightly weaker on Friday, giving up some recent gains as mining, energy and healthcare stocks decline.

US markets turn red after seven solid trading sessions, as Trump plans add to concerns and banks lost momentum. The volatility in the markets has increased.

The local share market has slipped 0.2% on Friday. However, over the week, the index has finished up 1.5%, boosted by healthy gains from the banks & miners.

The ASX 200 is off 0.1%, held down by heavy falls in the Telco sector after Telstra’s disappointing earnings result. Gains from the banks & miners are helping to support the market.

US sharemarkets rose to fresh record highs on Wednesday. Financials led the gains on prospects for higher interest rates in coming months.

The local share market has managed to finish a touch higher, thanks to strong gains from the banks & miners. The Telco sector plunged 6.4% after Telstra’s disappointing first half results.

The local sharmarket is trading at a five-week high on Wednesday, boosted by a rally in the financial sector following CBA’s record first half profit. The benchmarked index is up 48 points or 0.8% to 5,803.

US sharemarkets reversed early losses on Tuesday. Financial stocks led the gains after Fed Chair Yellen raised concerns about the risks to delaying interest rate hikes. The Dow was up by 92pts or 0.5% while the Nasdaq was higher by 19pts or 0.3%.

The local share market has failed to hang on to early gains – snapping a five session rally. The ASX 200 slipped 5 points or 0.10% to 5,755, held back by falls in the financial & telco sectors.

US sharemarkets continued to rally on Monday. Positive earnings results are supporting prices together with the hope that US President Trump will announce tax cuts in the next 2-3 weeks. At the close of trade the Dow was up by 143pts or 0.7%.