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The Aussie market stabilised from early declines with the ASX 200 closing mostly flat for the day. Investors sold off banking, retailing & travel stocks as Victoria introduced stricter Covid-19 measures to battle the spread of the virus.

Aussie shares have recouped this morning’s 1 percent decline, with the ASX 200 up by 0.06 percent to 5,931.2 at lunch. Earlier in the day, the local market hit a five-week low.

The share price for Apple rose by 10.5%, Facebook shares rose 8.2%, shares in Amazon rose 3.7% but Alphabet (Google) shares lost 3.3%. The Dow Jones index finished higher by 115 points or 0.4%. The S&P500 index rose by 0.8%. And the Nasdaq index climbed 157.5 points or 1.5%. Over the week the Dow fell 0.15%; the S&P 500 gained 1.7% and the Nasdaq rose by 3.7%. Over the month: Dow rose 2.4%; S&P rose 5.5%; and Nasdaq rose 6.8%.

The Australian sharemarket fell by 2%, had its worst day in five weeks and wiped out most of July’s gains in just one session.

The Australian sharemarket is slumping by 1.6% at lunch, making it the worst day in five weeks and pushing the ASX 200 below 6,000pts.

The S&P500 and Dow Jones indexes were lower after the release of economic data which painted a worrying picture of the US economy. President Donald Trump floated the possibility of delaying the November 3 US presidential election, unnerving investors.

Investors focussed on the positive today with the ASX 200 lifting 45 points or 0.74% to 6051 and snapping its two day losing streak. This is despite the growing concerns surrounding record covid-19 cases in Victoria and growing clusters in NSW. Travel stocks & shopping centre operators fell as a result but those losses were offset by gains for miners, tech and healthcare names.

Local shares remain firmer around midday even as Victoria reported a record 723 daily Covid-19 cases in the past 24 hours. Gains have been rather broad based with the local tech sector leading improvements. Heavyweight bank & mining stocks are also adding to broader moves higher.

Congress continued to wrangle over a US$1 trillion support package for jobseekers. But comments from the Fed chair soothed investor nerves. Shares in Advanced Micro Devices rose by 12.5% after the chipmaker raised its full-year revenue forecast.

The Australian sharemarket has declined for a second day, with the ASX 200 easing by 0.23% while still remaining on track for its fourth straight monthly advance.

The Australian sharemarket is largely unchanged at lunch in what has been a messy start to the day. Gains from the big banks are offsetting losses from mining and energy stocks.

Investors watched progress by Congress to come up with a coronavirus aid package. Investors also awaited the Federal Reserve decision to be announced on Wednesday. Economic data was mixed.

It was a day that started with much promise, but the ASX 200 was unable to maintain its early positive momentum. The index saw a steady decline in the afternoon as only materials made any meaningful improvements. Gold stocks sagged after a bright start to the week.

Local shares were boosted by a solid lead from Wall Street where major US tech names helped to lift major indices. The daily COVID-19 infection rate in Victoria fell from yesterday’s record high but still remained elevated at 384 in the past 24 hours

There is speculation that the resurgence in virus cases will make the US Federal Reserve reinforce its accommodative policy stance this week.

The ASX 200 has eked out a small gain to start the week, the top 200 index rose 20pts or 0.34% to 6044 as gold miners were buoyed by a record high for the price of the precious metal.

The Aussie market is trying to rebound from losses on Friday to kick-off the new week. The ASX 200 is slightly higher even with a new daily record for Covid-19 cases out of Victoria.

The Dow Jones index slid by 182 points or 0.7%. The S&P500 index eased by 0.6%. And the Nasdaq index lost 98 points or 0.9%. Over the week the Dow Jones fell 0.7%, the S&P 500 dipped 0.2% and the Nasdaq lost 1.3%.

The Australian sharemarket tumbled by 1.16% on Friday, wiping out all this week’s losses in one fell swoop. IAG fell by 7.8% after flagging no final dividend for the first time in 20 years.

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The ASX 200 is down by 1% at lunchtime following losses on Wall St and sellers gaining strength from a range of company updates that have reminded investors of the continuing impact of the Covid 19 crisis.

Investors reacted to a surprise lift in new claims for unemployment insurance. After releasing profit numbers, shares in Tesla fell 5.0% and Microsoft fell 4.4%.

The Australian sharemarket rose by just 0.3%, as the Treasurer’s budget update provided few surprises. Gains from Santos (STO), Newcrest Mining (NCM), Coca-Cola Amatil (CCL) and Tabcorp (TAH) helped.

Banks and miners are trading lower on Thursday hampering the efforts of the overall market. On Thursday after the Fiscal & Economic update saw Australian Treasury forecast a 2020-21 budget deficit of $184.5bn.

Investors continue to fret about the rising number of COVID-19 cases. And not helping sentiment was an increase in tensions between China and the US.

While the Aussie market surged 2.6% on Tuesday thanks to promising signs for a coronavirus vaccine and extension to government support, stocks fell heavily today as cases rose in Victoria.

Local shares fell heavily at lunch, with the ASX 200 down 1.1 per cent to 6,088.7, receiving an extra push lower following a record 484 new COVID-19 cases in Victoria over the past day.

Investor sentiment was buoyed by progress shown on three potential COVID-19 vaccines. And the European stimulus deal also boosted investor sentiment. Investors were also hopeful about a new US stimulus package.

The Aussie market had its best gain in five weeks, rising by 2.6% and hitting a six-week high in the process. This followed an extension to JobKeeper and JobSeeker payments, a massive European stimulus package and encouraging results for a COVID-19 vaccine in the UK.

Hovering around intraday highs, the ASX 200 has lifted by 1.1 percent to 6,068.9. While most sectors are improving, gains from tech stocks, financials, healthcare, and materials are standing out.

Monday saw the S&P500 index turning positive for the year and the Dow Jones index erasing a 167 point drop earlier in the trading session. Pfizer (+0.7%) and BioNTech (+3.5%) reported early positive data on a joint COVID-19 vaccine candidate.

The Australian market had an underwhelming start to the week, with the ASX 200 slipping by 0.5%. A lift in COVID-19 cases in NSW and VIC continues to keep some on edge. Stocks in airports, casinos, gaming groups and some retailers lost ground.

The Aussie share market is off to a slightly softer start on Monday following heavy losses from the banks. The ASX 200 is down 30pts or 0.5% to 6003. Big banks are down by ~1.2%, while gold miners & BHP keeping the losses to a minimum for the index.

We continue to unearth small-cap companies as part of our Hidden Gems webinar series. Catch up on the most recent edition with presentations from Selfwealth, Openlearning, Nanoveu, and Resapp Health.