Markets

US sharemarkets fell on Thursday as investors remained concerned about the prospect of a June US interest rate hike. Six of the ten major S&P sectors were lower.

The ASX 200 has extended yesterday’s losses, slipping 0.6%. The market was weighed down by huge falls in the materials and energy sectors.

The ASX 200 has gained 0.5% on Friday, managing to rise 0.4% this week to record its sixth straight week of gains.

The ASX 200 is up 0.3% at mid session – ending a two-session slump. Energy & mining stocks are recovering some recent losses.

The market is being held down by heavy falls in the materials, energy and telco sectors. Banks though are bucking the trend, with the sector up 0.4%.

US sharemarkets reversed early gains on Wednesday after minutes from the last Federal Reserve meeting showed policymakers remained poised to lift rates in coming months.

The ASX 200 is down 0.3%, ending a two session rally. IT and consumer related stocks are the hardest hit, while energy stocks are climbing higher after oil hit seven month highs.

US sharemarkets gave back Monday’s gains with fresh debate about whether the Federal Reserve lifts interest rates in June.

The local share market has fallen for the first time this week, following a weak lead from Wall Street.

The ASX 200 is up 24 points or 0.5% boosted by a rally in the energy, materials and telco sectors. The financial sector is flat, as the NAB and Macquarie Group trade ex-dividend.

US sharemarkets rebounded on Monday, extending the zig-zag run over the past week. Berkshire Hathaway, led by legendary investor Warren Buffett, revealed it took a US$1 billion investment in Apple in the first quarter.

The local share market has improved for a second straight session, helped by gains in the energy, materials and telco sectors.

US sharemarkets fell on Friday. The energy sector fell in line with lower oil prices. And retailers Nordstrom and JC Penney fell in response to lower -than-expected sales. The Dow Jones fell by 185 points.

The ASX 200 has finished the session up 29 points or 0.6%, helped by gains in the financial and materials sectors. The healthcare sector was the standout, jumping 2.0%, while energy stocks were the worst performers.

The ASX 200 is up 27 points or 0.5%, regaining earlier losses as investors shrug off a weak lead from Wall St and disappointing Chinese economic data released on Saturday.

The market is again being held back by losses in the financial sector. The ASX 200 is down 18 points or 0.3%, with mining & energy stocks also suffering losses.

US sharemarkets were mixed on Thursday. Gains in telcos and consumer staples outweighing a slide in Apple.

Despite falling 0.6% on Friday, the ASX 200 has managed to gain 0.7% over the past five sessions, recording its fifth straight weekly gain.

The ASX 200 is down 0.6% at mid-session, held down by losses in the financial sector.

Sharemarkets slumped on Wednesday, reversing the previous day’s gains. Weak earnings results from Walt Disney, Macys and Fossil drove the weaker sentiment.

The ASX 200 has eased by 13 points or 0.2% – held back by falls in the financial sector. Westpac lost 3.6% after trading ex-dividend. The energy sector was the best performer – jumping 3.0%.

The ASX 200 is up 0.8%, boosted by strong gains in the materials and energy sectors.

US sharemarkets rallied on Tuesday with a rally in oil prices supporting the energy sector. All 10 major S&P sectors were higher with the energy sector leading the gains.

Strong gains in the materials sector have helped the market finish firmer for a fifth straight session. The ASX 200 rose 0.6%.

The local market is flat at mid session, with gains in the financial and consumer staples sectors offset by losses in the materials and energy sectors.

US sharemarkets were mixed on Monday. Declines in energy and material stocks were offset by a bounce in healthcare stocks. Five of the major 10 S&P sectors were lower.

The ASX 200 has continued to climb higher in late trade, finishing up 22 points or 0.4%. The market was supported by a 1.5% rise in the financial sector. While Mining & Energy stocks tumbled on weaker commodity prices.

US sharemarkets rose on Friday. Investors perceive that the next rate hike may be delayed until September.

The ASX 200 index closed near the highs of the day, climbing 0.5%. Almost all sectors gained ground, with Consumer Staples leading the way recording a 1.7% improvement.

The local market is being held back by falls in the financial, materials and telco sectors.

US sharemarkets gave back early gains, and closed mixed on Thursday. Eight of the 10 major S&P sectors were lower. In particular consumer discretionary stocks weighed on the market.

The ASX 200 has regained earlier losses to finish up 0.2%. The market was boosted by strong gains in the materials and telcos sectors, which outweighed losses in the energy and financial sectors.

The local share market is down 0.4%, regaining some earlier losses thanks to a rally in resource stocks.

The ASX 200 has closed down 1.5%, held back by a huge 5.9% drop in the Materials sector and 5.1% plunge in the energy sector.

US sharemarkets fell for a second straight session on Wednesday as soft private-sector employment data weighed on sentiment. Shares of Priceline fell 9.5% and was the biggest drag on the S&P and the Nasdaq after forecasts missed expectations.

The ASX 200 has closed up 0.2%, helped by gains in the financial and energy sectors. Losses in the materials, healthcare and telco sectors prevented the market from making further gains.

US sharemarkets fell on Tuesday as investors shifted away from equities and commodities as the US dollar rose against major currencies.

The ASX 200 has closed down 1.5%, held back by a huge 5.9% drop in the Materials sector and 5.1% plunge in the energy sector.

The local share market is down 1.2% at mid-session, weighed down by a huge 4.2% plunge in the materials sector.

The banks are regaining yesterday’s losses, despite ANZ bank missing market expectations with a 24% slide in cash profit to $2.8bn.