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Reuters summed it up: “The Nasdaq outperformed as investors favored tech-related, market-leading stocks that have fared well during the pandemic, while economically sensitive cyclical stocks weighed.”

Local shares eased in early trade on Friday, led lower by the sectors that have been the most improved over the month – Energy and Financials. Shares in Bega Cheese jumped by 9%, with investors encouraged by its acquisition.

US sharemarkets were closed for observance of Thanksgiving Day on Thursday while the European sharemarkets were little changed. The pan-European STOXX 600 index fell by just 0.1%.

The Aussie market has ended the week with consecutive losses. The ASX 200 eased 35pts or 0.5% to 6,601 with souring tensions between Australia and China weighing on local shares.

The Aussie market has snapped its 3-day winning streak with a 0.7% fall for the ASX 200 as banks weighed heavily. The index suffered its biggest drop for the month but is still up ~12% in November with 2 trading days left.

Local shares consolidates as sellers tending to get upper-hand. Financials and energy stocks weigh after recent gains.

US sharemarkets were mixed on Wednesday as traders pored over disappointing jobs data ahead of the Thanksgiving Day holiday. The Dow Jones index closed lower by 173 points or 0.6%. The S&P 500 index was down by 0.2% but the Nasdaq index rose.

The Aussie market continues to charge higher with the ASX 200 now flat for the year. The index has surged ~50% in 8 months since hitting its lows in March. Banking, mining & travel stocks were among the big winners while IT & healthcare weighed.

Local shares continue to trade higher with optimism on several fronts globally. The Aussie market has now turned positive for 2020, having recovered from a slump of 38% for the ASX 200 at its worst levels in March this year.

US sharemarkets advanced on Tuesday with the Dow Jones index breaking 30,000 points for the first time. President-elect Biden was formally permitted to begin the transition process and there was continued optimism about progress of a vaccine.

The ASX 200 enjoyed its best day in a fortnight with the index jumping 82.5pts or 1.26% to 6,644. Investors were buoyed by more positive vaccine news while also celebrating re-opening of domestic borders.

Aussie shares are adding to Monday’s gains as more good news on the vaccine front as well as domestic borders helps the ASX 200 back above 6,600 points. Financials, energy & IT are leading improvements.

US sharemarkets advanced on Monday on positive vaccine developments from AstraZeneca and the University of Oxford and also on reports that US President-elect Joe Biden plans to nominate former US Fed Chair Janet Yellen to be US Treasury Secretary.

The Aussie market is off to a solid start to the week with the ASX 200 lifting 22 points or 0.34% to 6,561 and trading around the best levels since February. Miners were the biggest contributor to market gains today.

The Aussie market has been buoyed on the back of strength in resource stocks. Big-name miners have been behind the lift in the ASX 200 as iron prices approach 6-year highs.

Catch up on the full webinar with presentations from Australian Primary Hemp (ASX: APH), K2Fly Limited (ASX: K2F), Icollege Limited (ASX: ICT) and Medibio Limited (ASX: MEB).

ASX set for a positive start despite the negative lead from Wall Street on Friday.

The Australian sharemarket eased in late trade after US Treasury Secretary said he’ll allow several emergency lending programs to expire. Local shares still rose by 2% this week and remain on track to post their best gains in 32 years.

The Australian sharemarket has crept into positive territory on Friday, lifting for a fifth day and hitting a fresh 8.5 month high.

The rising number of coronavirus cases weighed on utilities but supported ‘stay-at-home’ stocks in the technology sector. Shares in Alphabet (Google) rose 1.0% with Amazon up 0.4%.

The Australian sharemarket recovered this afternoon to finish slightly higher for a fourth day, thanks to an encouraging lift in employment last month. Banks rose strongly while insurance firms weighed most.

The Australian sharemarket is easing by 0.3% at lunch, snapping a three-day winning streak and taking a breather as the ASX 200 remains on track to record its biggest monthly gain in 32 years.

The Australian sharemarket extended its winning streak to three days thanks to strong gains from the major banks. Thanks to hopes of a coronavirus vaccine, the ASX 200 is up 10% in November.

The Aussie market is extending its winning streak to a third day as the ASX continues to hold above 6,500. The major banks are helping to drive market gains with health & discretionary retailers also supporting.

Disappointing US retail sales data, surging virus cases and worries about shutdowns dented sentiment. Shares of pharmacy owner CVS Health (-8.6%) and Walgreens Boots Alliance (-9.6%) both dropped after Amazon (+0.2%) launched an online pharmacy.

The Aussie market lifted slightly following more optimism around a COVID-19 vaccine. The ASX 200 lifted 0.2% or 13.9pts to 6,498 as banking, energy & travel stocks outperformed while tech & safe havens fell.

The Aussie market is up 0.4% on vaccine hopes as the ASX resolved tech issues which kept markets closed on Monday. The local market is on track to have its best month since March 1988.

Both the Dow Jones and S&P 500 hit record highs thanks to encouraging early vaccine trial results from US company Moderna.

The Aussie market only managed to trade for ~20 minutes to start the new trading week as a market data issue at the ASX caused an outage for the remainder of the session. In the brief time the market was open, it was rather positive for the ASX 200 which continued to hit fresh 8-month highs with a gain of 79pts or 1.23%.

While the Aussie market surged by 1.2% in early trade following a positive lead from Wall Street, tech issues at the ASX forced a pause in trade at 10:24am AEDT.

The US sharemarket rose by 1.4% on Friday, finishing at a record closing high. The concerning spike in coronavirus cases is being offset by vaccine optimism.

While the Australian sharemarket eased by 0.2% on Friday, it still rose by 3.5% this week and is up 8% so far this month on vaccine hopes and plans to reopen state borders.