Thursday At The Open
US sharemarkets rallied on Wednesday. Upbeat earnings, a rally in energy stocks and speculation the Fed may hold off on raising interest rates fuelled demand for equities.
Read MoreUS sharemarkets rallied on Wednesday. Upbeat earnings, a rally in energy stocks and speculation the Fed may hold off on raising interest rates fuelled demand for equities.
Read MoreThe ASX 200 has finished up 0.7 percent boosted by strong gains in the energy and materials sectors. Financials recovered some recent losses, with the sector climbing 0.6 percent.
Read MoreUS sharemarkets were mixed on Tuesday. Shares in energy stocks rose in line with a higher oil price. Shares in JP Morgan rose by 1.6% after first quarter earnings beat forecasts.
Read MoreThe ASX 200 has slipped 0.6 percent, after Chinese economic growth slowed to 7 percent, the slowest pace in 6 years.
Read MoreLocal shares slipping for the third consecutive session. Chinese economic data will be a highlight.
Read MoreThe ASX 200 is down 0.3 percent, following a weak lead from the US overnight. The materials sector is down 0.9 percent, despite a rise in commodity prices.
Read MoreUS sharemarkets gave back early gains to close in negative territory on Monday. Investor concerns centred on the stronger US dollar and lower oil prices.
Read MoreLocal shares retreated today, held down by heavy falls in the materials sector and weakness from the major banks and Telstra.
Read MoreThe ASX 200 is nearing a seven year high of 6,000 points helped by gains in the energy and Telco sectors.
Read MoreUS sharemarkets rallied on Friday with broad-based gains. All 10 primary S&P 500 sectors closed higher. News that General Electric will divest most of its high-risk GE Capital business and also a buyback $50 billion of its shares supported sentiment.
Read MoreThe ASX 200 has closed down 0.1 percent, weighed down by a 1.4 percent fall in the materials sector. Chinese exports unexpectedly fell 14.6 per cent from a year ago in March, versus expectations for an 8.2 percent gain.
Read MoreThe All Ords is up 0.2 percent helped by a recovery in the energy sector. Miners though are under pressure, preventing the market from climbing higher.
Read MoreUS sharemarkets rallied in a volatile trading session on Thursday. Energy shares led the gains with the S&P Energy sector gaining 1.2%. Alcoa lost 3.9% a day after missing revenue expectations.
Read MoreThe ASX 200 climbed 0.6 percent on Friday thanks to a recovery in the energy sector. The materials sector was the only sector to close in negative territory, slipping 0.1 percent.
Read MoreThe ASX 200 is off 0.3 percent, weighed down by falls in the energy and materials sectors. The price of oil plunged 6.6% in overnight trade, following a huge rise in US crude stockpiles.
Read MoreThe ASX 200 has finished down 0.5 percent, weighed down by a 1.3 percent fall in the materials sector. Energy stocks also suffered losses on the back of a 6.6 percent plunge in the oil price overnight.
Read MoreUS sharemarkets rallied in a volatile trading session on Wednesday as traders reacted to the FOMC minutes and waited on the start of the profit-reporting season (earnings season).
Read MoreThe ASX 200 is up 0.5 percent, boosted by strong gains in the energy and materials sectors.
Read MoreUS sharemarkets eased in late trade on Tuesday as traders positioned ahead of the start of the profit-reporting season (earnings season).
Read MoreThe ASX 200 has finished up 0.6 percent thanks to a 2.5 percent rally in the energy sector and a 1.3 percent surge in the materials sector following a rebound in commodity prices.
Read MoreThe ASX 200 is up 1.3 percent at mid-session, with almost every sector trading higher ahead of today’s Reserve Bank interest rate meeting.
Read MoreUS sharemarkets rose on Monday after traders had time to dissect Friday’s job figures as well as the latest ISM services index. The Dow Jones rose by almost 118 points or 0.7% points.
Read MoreThe ASX 200 has finished up 0.5%, failing to cling on to earlier gains after the Reserve Bank decided to leave the cash rate on hold at 2.25%.
Read MoreLocal shares have shrugged off a weaker finish for US stocks overnight to post solid gains in early trade. A rebound in oil prices is helping the energy sector, while healthcare is the best improved group. Miners are lagging after a fall in iron ore
Read MoreUS markets eased by 0.4% with firmer commodity prices helping push mining and energy sectors a little higher. Webhosting company GoDaddy rose by 30% as it made its debut on the NYSE.
Read MoreLocal shares have finished a holiday shortened week on a strong note rising by 0.6% as confidence grew in the idea that the RBA will cut rates on Tuesday. Over the course of a volatile week the ASX 200 shed 0.3%.
Read MoreLocal shares remain volatile with the ASX 200 down 0.2% at lunch on Wednesday after surging by 0.8% on Tuesday. Mining and energy companies are major drags with commodity prices slumping overnight.
Read MoreUS sharemarkets gave back most of the previous day’s solid gains on Tuesday as investors booked profits at the end of the quarter. Energy shares also fell in line with a lower oil price.
Read MoreLocal shares eased by 0.5% today after rising by 0.75% on Tuesday. Mining and energy sectors came under pressure following a near 4% slump in the iron ore price and a softer oil price.
Read MoreEvery ASX sector is higher in early trade on Tuesday led by the Materials sector after the PBoC announce measures aimed at supporting the Chinese property sector.
Read MoreUS sharemarkets rose on Monday on merger and acquisition activity. In the health sector, OptumRx Corp, a unit of UnitedHealth Group, agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion.
Read MoreLocal shares recovered most of Monday’s losses with the ASX 200 Index up 0.8%. Mining and energy stocks did best after a challenging start to the week.
Read MoreLocal stocks off to a tough start with ASX 200 slumping by 1.4% at lunch.
Read MoreUS sharemarkets rose modestly on Friday with investor sentiment boosted by speculation of takeover action in the tech sector. Shares in Intel rose 6.4% after the Wall Street Journal reported that it was in takeover talks to buy rival Altera.
Read MoreEvery sector measured by the ASX ended well in the red on Monday although energy stocks were the worst decliners led by Caltex (CTX) whose shares ended down by 10% after US energy giant Chevron sold down their 50% stake.
Read MoreLocal shares are improving after slumping by 1.6% on Thursday – the worst day of the calendar year. Energy stocks are standouts following a 4.5% surge in the oil price due to Middle East tensions.
Read MoreUS sharemarkets remained volatile on Thursday. Investors focussed on a rebound in oil prices, valuations for technology and biotech stocks, and firmer economic data. The Dow Jones ended lower by 40 points.
Read MoreLocal stocks made up for almost half of Thursday’s losses with the major banks edging higher while mining and energy stocks faded this afternoon.
Read MoreThe ASX 200 is down 1.4 percent, with every sector trading in negative territory. The financial and materials sectors are the biggest drags on the market.
Read MoreUS sharemarkets fell on Wednesday, with losses accelerating after short-term technical indicators failed. The weaker economic data gave investors further reason to lock in recent profits.
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