Thursday At The Open
US sharemarkets rallied for the first time in three sessions on Wednesday. The surprisingly large expansion in the services sector and lift in oil prices supported equities.
Read MoreUS sharemarkets rallied for the first time in three sessions on Wednesday. The surprisingly large expansion in the services sector and lift in oil prices supported equities.
Read MoreA surge in energy and mining stocks helped the ASX 200 regain all of yesterday’s losses. The index closed up 0.6% to 5,483.
Read MoreThe ASX 200 is trading at the lows of the day, down 0.7% amid concerns of looming US rate hikes. Mining and Utilities are suffering the biggest losses, with gold miners in particular under pressure after a sharp drop in the gold price.
Read MoreUS sharemarkets fell on Tuesday. A stronger greenback weighed on globally-focussed stocks and a weaker gold price hit precious metal producers.
Read MoreUtilities and mining stocks led the losses on Wednesday, while gains from some of the major banks helped to limit the losses.
Read MoreThe ASX 200 is down 0.3%, following a weak lead from Wall Street overnight. Telcos, Utilities and Industrials are the worst performers, while IT and Real Estate stocks are outperforming the market.
Read MoreUS sharemarkets fell on Monday, led lower by financial and technology stocks. Tesla shares rose 4.7% after the electric carmaker said third-quarter deliveries rose by 70% to 24,500 cars.
Read MoreThe ASX 200 has finished the session up 0.1%, regaining early losses thanks to strong buying in the Energy, Materials and Healthcare sectors.
Read MoreUS sharemarkets fell on Thursday, weighed down by losses in financial stocks and a slide in Apple. The S&P financial index fell 1.1% after Bloomberg reported that some hedge funds have withdrawn excess cash and positions held with Deutsche Bank. Deutsche Bank fell 6.7% in US trade.
Read MoreThe ASX 200 has finished the session down 0.7%, losing more than half of yesterday’s gains. Over the month of September, the index has barely moved, gaining just 0.05%.
Read MoreThe ASX 200 is down 0.9% at mid-session, erasing most of yesterday’s 1.1% gain. Financials are weighing on the market, after a sell-off in European banking stocks dampened sentiment.
Read MoreUS sharemarkets rallied on Wednesday, after news that OPEC had agreed on a deal to limit production supported the energy sector. Chevron rose 3.3% while Exxon Mobil rose 4.6%
Read MoreThe ASX 200 has jumped 1.1% to a near one-month high, boosted by a 6.3% rally in the energy sector after oil producing nations struck a deal to make planned production cuts.
Read MoreThe energy sector is soaring higher on Thursday, after a group of oil producing nations struck a deal for planned production cuts.
Read MoreThe ASX 200 is just treading water, following a shaky start. Gains in the Utilities and Telco sectors are being offset by losses from mining & energy stocks.
Read MoreUS sharemarkets rallied on Tuesday, as the upbeat consumer confidence data boosted discretionary stocks.
Read MoreThe ASX 200 has finished the session up 0.1%, climbing into positive territory just before the close. Strong gains in the utilities, consumer staples and healthcare sectors helped to support the market. While mining & energy stocks were laggards.
Read MoreThe ASX 200 is down 0.9%, following heavy falls across European and US markets overnight. Financials are leading the declines, with the sector down 1.4%.
Read MoreUS share markets fell on Monday. But the energy sector was supported by a 3 per cent plus lift in oil prices. The Dow Jones index fell by 167 points or 0.9% with the S&P 500 index also lower by 0.9% while the Nasdaq fell by 48 points or 0.9%.European shares fell on Monday, dragged lower by weakness in the banking sector. Shares in Deutsche Bank fell by 7.5%.
Read MoreThe ASX 200 has finished the session down 0.5%, held back by falls from the banks and telcos. Healthcare stocks outperformed, with the sector rising 1.3%.
Read MoreUS sharemarkets fell on Friday. The energy sector eased in response to lower oil prices. Some investors booked profits at the end of the week. And shares in Apple lost 1.7% with Facebook down 1.6%. The Dow Jones index fell by 131 points or 0.7% after being down 138 points at one stage. The S&P 500 index fell by 0.6% while the Nasdaq fell by 34 points or 0.6%.
Read MoreThe ASX 200 has closed unchanged, with gains from the miners offset by losses in the Consumer Staples & Healthcare sectors.
Read MoreThe ASX 200 is down 0.2%, held back by falls in the Healthcare, Telco & Consumer Staples sectors.
Read MoreThe local share market is firmer for a fourth straight session, with the ASX 200 index up 0.3%. Healthcare and financials are giving the market the biggest boost.
Read MoreThe ASX 200 has rallied 1.1% on Friday, taking this week’s gains to 2.5%. It’s the first weekly improvement since the start of August.
Read MoreUS sharemarkets rose on Thursday. The energy sector was the top gainer in response to higher oil prices.
Read MoreThe US Federal Reserve has left the Federal Funds rate in a range of 0.25-0.50%. The vote was 7-3. Fed chair Janet Yellen expects to hike rates once before the year end and has indicated that the November and December meetings are "live" meetings.
Read MoreLocal shares hit 2-week highs as Fed kept rates on hold. Miners fared best on Thursday.
Read MoreThe local share market is up a strong 0.8%, boosted by a positive lead from US markets after the Federal Reserve elected to leave rates on hold.
Read MoreThe local share market is slightly higher on Wednesday, with the ASX 200 up 0.3%. Investors are awaiting today’s decision by the Bank of Japan, and tomorrow morning’s outcome of the US FOMC meeting.
Read MoreUS sharemarkets recorded modest gains on Tuesday as investors waited on the outcome of policy meetings in the US and Japan. The weaker housing data gave investors a reason to lock in profits across home builders.
Read MoreThe local share market has finished the session near the best levels of the day, up 0.7%. News that the Bank of Japan is revamping its monetary policy helped boost investor sentiment.
Read MoreThe ASX 200 is down 0.2% held back by falls in the Telco, Energy and Financial sectors.
Read MoreUS sharemarkets ended modestly weaker in a choppy session on Monday. Largely investors waited on a number of Central Bank meetings later this week.
Read MoreThe local share market has recovered early losses to finish the session firmer. The ASX 200 gained 0.2%, boosted improvements in the Healthcare and Materials sectors.
Read MoreUS sharemarkets eased on Friday. Just as in Europe, the Department of Justice case against Deutsche Bank weighed on the banking sector. Deutsche Bank’s US shares fell by 9.4%.
Read MoreThe Australian sharemarket had a quiet start to the week, with an 80% drop in volumes due to ASX technical issues. This had the local market open 90 minutes later than usual, with the ASX closing 2 hours earlier.
Read MoreThe open of the Australian sharemarket was delayed by 1.5 hours due to a technical glitch at the ASX.
Read MoreThe ASX 200 is up a strong 1% with every sector improving on Friday. However, the index is weaker over the week and is on track to record its fifth straight weekly loss.
Read MoreUS sharemarkets posted solid gains on Thursday. Investors noted that the chances of an interest rate hike next week eased from 15% to 12% after the release of new economic data. Shares in Apple rose by 3.4%
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