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There has been no respite for investors on Friday as the ASX follows another sell-off on Wall Street. Investors remain rattled over the coronavirus spread & the questions over the effectiveness of government responses.

US sharemarkets slumped on Thursday as Investors remain disappointed about the absence of a stimulus plan.

The Aussie market has continued to sell-off as the announcement of a stimulus package from PM Scott Morrison and an address by US President Donald Trump was unable to ease market fears of a global economic slowdown due to the coronavirus outbreak.

Stocks globally have taken little encouragement from stimulus measures announced by the Prime Minister Scott Morrison and the US President, Donald Trump. US stock futures have slumped in after-hours trade.

US sharemarkets fell by around 5-6% on Wednesday with investors still awaiting an economic stimulus package from the White House.

Market optimism over government policies from PM Scott Morrison and the Trump administration in the US waned with details of fiscal stimulus to shore up economies were delayed. The ASX 200 slumped 213 points or 3.6% to continue its trend lower to fall to its 11th loss in the last 14 trading days.

The local sharemarket has seen a volatile start to trade as investors wait for widely vaunted economic support measures to be announced locally, while US lawmakers haggle over the substance of similar initiatives in the US.

US sharemarkets remained volatile, awaiting details of the economic response to the COVID-19 crisis from the White House.

Following a sell off on Wall Street overnight, the index was down as much as by 220 points or 3.3% before a turnaround of near 7%. An important catalyst for the turnaround was the news that the US would announce fiscal stimulus to boost the world’s largest economy. By close, the ASX 200 added 179 pts or 3.11% at 5939.6 to finish on best levels of the day.

ASX 200 consolidates after yesterday’s selling rout. Investors take heart from a US proposal to cut payroll taxes in an effort to support US businesses.

Wall Street has suffered its biggest one day decline since the Global Financial Crisis in 2008 as the oil price war added to already nervous markets from the coronavirus outbreak. At the close, the Dow Jones index was lower by 2014pts or 7.7%.

Global markets, which have been concerned over the coronavirus outbreak and the potential fallout for economies around the world, are now dealing with another issue in plunging oil prices.

The ASX 200 is suffering one of the worst daily declines in over a decade. Global markets are now dealing with another issue in plunging oil prices, adding to existing concerns over the coronavirus outbreak & potential fallout for economic growth.

Wall Street marked another turbulent week as shares whipsawed on Friday. While it was another day of declines for US indices, the Dow rallied in late trade, to close well off its lows late in the day. All major US indices rose over the week.

The Aussie market has closed out another volatile week in the red. The ASX 200 tumbled 179.5pts or 2.81% to 6216.2 as all sectors fell. Banks were the main drag with NAB sliding 5.5% and falling to the lowest levels since 2012. Travel stocks were also hit hard.

While the Aussie market had its second best day of the year on Thursday, local shares have easily wiped out all those gains at lunch on Friday. Coronavirus fears continue to keep markets on edge.

The US sharemarket is back in the red, with all 30 stocks on the Dow Jones slipping with an hour of trade remaining. Travel sensitive stocks like Carnival, Royal Caribbean, United & American Airlines are down 10-17%.

The Aussie market jumped by 1.1%; recouping a portion of Wednesday’s 1.7% tumble. All sectors improved.

Every sector on the Aussie market is higher as the ASX 200 index recoups nearly all of it losses around lunch. Health, tech and communications are leading improvements with TPG Telecom (TPM) the best on a guidance upgrade.

US sharemarkets rose on Wednesday. Sharemarket investors were encouraged by victories in ‘Super Tuesday’ primaries by moderate Democrat Joe Biden ahead of left-wing candidate Bernie Sanders.

The Aussie market has fallen for the 8th time in the past 9 sessions as the potential slowdown in the global economy from the coronavirus outbreak remains on the minds of investors. The ASX 200 tumbled 110 points or 1.7% as banks weighed heavily.

The Australian sharemarket finds itself back in the red, erasing all Tuesday’s gains as almost all sectors head backwards. The Fed’s decision to cut rates by an aggressive 50bps between meetings seemed to spook markets globally.

US sharemarkets remained volatile on Tuesday as investors took stock of the Fed rate cut and the commitment to action by G7 finance ministers.

The Aussie market has snapped its 7-session losing streak as the RBA cut interest rates to fresh all-time lows. The ASX 200 ended off session highs as the banks faded into the close, the big four finishing at least 1% weaker. Markets are reacting to central banks around the world looking to encourage economies amid the coronavirus outbreak.

The Australian sharemarket is lifting by close to 2% at lunch on Tuesday, with all sectors improving on hopes of rate cuts from a number of major central banks.

The US sharemarket is improving strongly in volatile trade on reports a number of major central banks are considering measures to stimulate their economies.

The Australian sharemarket slumped for the seventh consecutive session on Monday, in the process hitting its lowest levels in more than 9 months.

The Australian sharemarket has hit a 9.5-month low on Monday, slumping by around 13% from record highs hit just 1.5 weeks ago due to coronavirus fears and sluggish China data.

While the US sharemarket slumped by around 12% last week due to coronavirus fears, the Dow Jones bounced off its Friday lows following the Fed signalling a potential rate cut to support its economy.

The Australian sharemarket slumped by 3.25% on Friday, slipped for the sixth day and hit a six-month low in the process due to coronavirus fears.

The Australian sharemarket is slumping by as much as 3.3% on Friday due to continued coronavirus concerns. All sectors are losing ground with the ASX 200 declining by close to 10% this week alone.

A failed rally on Wall Street only ended in reaccelerated selling. Dow down -1190.

US sharemarkets remained volatile as investors digested news on COVID-19.

Local shares have extended its run of losses to a fifth session in a row with the ASX 200 down another 50 points or 0.75%. The good news was that selling was less severe than the previous three days.

The share market saw early gains on Thursday, showing a willingness to consolidate having shed around 6% in recent days. However, sellers took advantage of the early gains to push ASX 200 lower at lunch. Banks are the main weight on the Index at lunch with most of the big four down in the order of 1%.

US sharemarkets were volatile as investors digested news on COVID-19.

The Aussie sharemarket slumped by 2.3% on Wednesday, taking the losses this week to ~6%. In just three days almost all the market’s improvements this calendar year have been wiped out on coronavirus concerns.

The sell-off continues for local shares on Wednesday with the ASX 200 shedding another 140 points or 2 per cent to 6726 at lunch and making it the third successive session of losses over 100 points. Global markets are tumbling on concerns of the coronavirus spreading outside of China.

The US Centre for Disease Control warned Americans to prepare for the spread of the Coronavirus in the US.

Local shares remained under pressure on Tuesday as investors grapple with the economic impact of the coronavirus. One consolation was that the ASX 200 ended off session lows after US stock futures traded higher in after-hours trade.