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US sharemarkets fell on Wednesday. Investors are worried about the outlook for the economy. Financials fell 6.0%. Energy stocks fell by 4.6% and airlines and cruise operators continued to fall sharply.

The ASX 200 has rebounded from yesterday’s loss, rallying 181 points or 3.6% to 5258.6, overcoming an afternoon fade to close near the best levels of the day.

All sectors are currently improving on Wednesday. Energy stocks are standing out, lifting by 8.2% after falling more heavily than any other sector in March. A ~60% slump for the oil price from the February highs was to blame.

US sharemarkets fell on Tuesday as fund managers made portfolio adjustments on the last day of the month and quarter. The Dow Jones index fell by 410 points or 1.8% after trading in a 628 point range. The S&P500 index fell by 1.6% and the Nasdaq lost 74 points or 1.0%. Over the quarter the Dow Jones fell by 23.2% – the largest fall since December quarter 1987 and biggest March quarter decline on record.

The ASX 200 closed the day down 104 points or 2% to 5076, a turnaround of 290 points from its highs where it was up 3.5% at its best levels in early trade.

Aussie shares continue to lift strongly following a strong lead from Wall Street, yesterday’s announcement of a massive $130bn government support package and better than expected data on China’s economy at lunch.

Local shares are set to add to Mondays gains at the start of trade following 3% gains for US stock Indices overnight. US sharemarkets rose for the fourth time in five days.

The ASX 200 surged higher to post a 7% gain on Monday, in the process, delivering a record daily improvement led by strong gains for the big four banks.

Gains from the banks and health stocks are offsetting losses from property stocks and miners.

The Dow Jones index fell by 915 points or 4.1%, losing 700 points in the last 30 minutes of trade. The S&P500 index lost 3.4% and the Nasdaq fell by 295 points or 3.8%. Over the week the Dow rose by 12.8% – the best weekly gain since 1938.

Investors opted for caution ahead of the weekend, sending the ASX 200 lower.

The Aussie market is under pressure to continue to its recent run of gains. As the market losses accelerate, more sectors are turning red from what was broad-based gains earlier in the morning.

US sharemarkets rose for a third day on Thursday – the best 3-day gain for the Dow Jones since 1931. There are hopes for even more government stimulus.

Today’s improvements have been across the board with healthcare, technology and energy among the best performers. The standout for the IT sector has been buy-now pay-later provider, Afterpay (APT) which surged another 29% today.

Stocks continued to rebound on Thursday as investors await the passage of Legislation that would deliver a $2 trillion COVID-19 support package to the US economy.

US stocks surged on news that Congress had approved a 2 trillion dollar support package for the US economy.

The ASX 200 rose 262 points or 5.5% to finish at 4998. The gains were looking to be far less substantial with only a matter of minutes to trade, the index soared 150 points at the close.

The ASX 200 followed US stocks higher on Wednesday as buyers raided the market, capitalising on discounted shares.

Stocks surge as central bank initiatives gain traction.

The Aussie share market rallied in late trade to finish at intraday high. #ASX 200 +189.2pts or +4.15% to 4753.3. All sectors improved. Energy stocks, banks, property stocks and tech were the best performers. Market fell 6% on Monday.

ASX recovers from steep losses as investors focus on US stimulus.

US sharemarkets were weaker on Monday. The latest initiatives by the Federal Reserve failed to lift investor spirits. Maryland, Ohio, Louisiana and Delaware joined New York and California in issuing ‘stay at home’ orders.

ASX 200 plumbs new 8 year lows.

ASX 200 hits fresh 8 year lows.

US sharemarkets fell by 3.8-4.6% on Friday.

The Australian sharemarket edged higher in unenthusiastic trade on Friday, with the ASX 200 lifting by 0.7%. The local market fell by 12% this week.

The Australian sharemarket is lifting by ~3% at lunch on Friday, as some of the recently hardest hit stocks bounce back. Banks, property, industrials, tech and energy are all lifting strongly in what has been a challenging week for the market.

US sharemarkets lifted on Thursday in yet another volatile session. Investors were encouraged by moves by the US Federal Reserve.

The Aussie market fell by 3.4% on Thursday, hitting a four-year low with energy stocks down 7%, while airlines and retailers fell heavily. The RBA cut interest rates by 25bps as expected and announced other measures to support the economy.

The ASX 200 gave up a 3% gain to be lower at lunch as investors considered the latest developments in relation to US economic support measures and local employment data.

US sharemarkets slumped on Wednesday. Investors continue to wait for details and approval on a touted $1.3 trillion stimulus package from Congress.

The Australian sharemarket slumped by 6.4% on Wednesday, reversing Tuesday’s gains and taking the losses to around 30% in just 19 days. Coronavirus concerns continue to keep markets on edge.

US sharemarkets posted solid gains on Tuesday. Investors were encouraged by moves by the Federal Reserve to buy debt directly from companies. Investors were also encouraged by news that a US$1 trillion fiscal stimulus package is being considered.

The ASX 200 closed on the best point of the day adding 291.4 pts or 5.83% at 5293.4. The index avoided falling below Friday’s low of 4,873, bounced off 5,000pts & shook off the US market’s massive 12.9% decline last night.

Local shares rebounded on Tuesday having suffered some of the worst declines on record a day earlier.

The US sharemarket slumped by 12.9% last night, making it the biggest daily percentage decline since 1987. All 30 stocks on the Dow fell as world leaders ramped up their response to COVID-19.

All sectors finished deep in the red with consumer staples stocks the least affected. Industrials, energy & banking stocks recorded the worst falls.

The Australian sharemarket is coming under substantial pressure at lunch, following surprising rate cuts and stimulus from the US central bank which has spooked markets. Travel stocks remain some of the hardest hit.