Tech rally helps to snap three day S&P losing streak
Stocks rose on Monday driven by a rally in tech leaders as Wall Street focuses on a key artificial intelligence conference and new monetary policy guidance from the Federal Reserve.
Read MoreStocks rose on Monday driven by a rally in tech leaders as Wall Street focuses on a key artificial intelligence conference and new monetary policy guidance from the Federal Reserve.
Read MoreIron ore prices exhibited a volatile swing, hovering close to $US100 a tonne, against the backdrop of imminent data from China that could potentially unveil further frailty within its expansive steel sector.
Read MoreChina's economic performance in the initial months of the year has surpassed expectations, as indicated by recent data released by the National Bureau of Statistics.
Read MoreOil prices experienced an uptick following a notable weekly surge, fueled by a combination of robust macro-economic indicators from China and heightened geopolitical tensions stemming from Ukrainian attacks on Russian refineries.
Read MoreThe Australian sharemarket ended Monday's session almost unchanged, with the S&P/ASX 200 closing marginally higher by 0.07 per cent at 7675.8 points, driven by late-session recovery but still witnessing losses in the real estate sector due to caution surrounding the Reserve Bank of Australia's upcoming decisions.
Read MoreThe Department of Energy (DOE) has unveiled a significant investment of $750 million in research and development aimed at bolstering "clean" hydrogen technology. This initiative, funded under the bipartisan infrastructure law of 2021, is poised to revolutionise the landscape of hydrogen fuel production, promising an annual increase of 1.3 million metric tons in clean hydrogen fuel.
Read MoreIt was a sorry set of half-year figures from Core Lithium (ASX:CXO) last week, confirming that the company’s future remains very clouded.
Read MoreRegis Resources (ASX:RRL), along with Capricorn Metals and Gold Road, has revealed setbacks to planned production due to last week’s record rainfall in parts of the WA Goldfields. Capricorn Metals (ASX:CMM) reported that its Karlawinda gold project in the Pilbara experienced a second rain event in three months, forcing the mine to process lower-grade stockpiled ore. Similarly, Gold Road (ASX:GOR) disclosed that its 50% owned Gruyere mine faced curtailed work in the open pit for a week or more, affecting production for the March quarter but maintaining guidance for the June 30 year, albeit at the lower end of the forecast range.
Read MoreThe Reserve Bank of Australia commenced its two-day meeting, expected to maintain current interest rates, although markets are pricing in a potential rate cut in September despite signals from RBA governor Michele Bullock and her predecessor, Philip Lowe, suggesting the possibility of further rate increases.
Read MorePerth-based Mineral Resources (ASX:MIN) will spend up to $15 million buying Poseidon Nickel's Lake Johnston nickel concentrator plant and mining rights, using it as the basis for a new lithium processing hub.
Read MoreA snapshot of the stocks on the move, featuring dorsaVi (ASX:DVL), Celsius Resources (ASX:CLA) and Metarock Group (ASX:MYE).
Read MoreThis week is poised to be one of the most significant for central bank meetings in years. The Reserve Bank, the US Federal Reserve, the Bank of Japan, and the Bank of England are all convening, with pivotal decisions and statements expected.
Read MoreGold trailed behind as oil surged and iron ore declined sharply, while copper saw an increase. Nickel and zinc also had a noteworthy week.
Read MoreThe S&P 500 fell on Friday and notched its second-straight weekly loss, with technology stocks under pressure as inflation concerns remain front and centre ahead of the Federal Reserve’s policy meeting next week.
Read MoreThe S&P 500 fell on Friday, marking its second-straight weekly loss, as weak technology stocks, inflation concerns, higher interest rates, and the upcoming Fed meeting weighed heavily on investors.
Read MoreA negative start for trading on the ASX today (Monday) after a small dip in the futures market on Friday, which came on top of a ‘red’ session earlier in the day and a downer on Wall Street.
Read MoreLate last week, conflicting price movements were observed in two key industrial metals, with China serving as the common link. Copper surged to multi-month highs while iron ore slumped sharply to below $US100 a tonne on Friday in Singapore.
Read MoreIn a move with global ramifications, the massive US home buying and selling industry has just experienced a seismic shift akin to the deregulatory explosions in financial markets of the 1980s and 1990s.
Read MoreThe S&P 500 fell on Friday and notched its second-straight weekly loss, with technology stocks under pressure as inflation concerns remain front and centre ahead of the Federal Reserve’s policy meeting next week.
Read MoreChina's central bank, the People’s Bank of China, has opted to keep a key policy rate unchanged amidst a significant decline in property prices across the nation. This decision comes as the latest data reveals a sharp 1.4% drop in monthly house prices, marking the steepest decline seen in the past 13 months.
Read MoreFor all you data-driven souls with investments in lithium and other renewables, here's intriguing data on China's lithium production and processing sectors.
Read MoreWinston Sammut – Director Property – With offices in Sydney and Melbourne, Euree Asset Management aims to offer investors an opportunity to access attractive, market leading returns through exposure to a diversified investment portfolio of underlying assets.
Read MoreJames Powell – General Manager – Investor Relations, Corporate Affairs and Sustainability, Rural Funds Management – Rural Funds Group (ASX:RFF) is a specialist agricultural fund manager established in 1997.
Read MoreReg Weine – CEO & Managing Director – Bubs Australia (ASX:BUB) is on a mission to nourish new generations of happy bubs, with clean label nutritional products that provide the foundation for setting up a lifetime of good eating habits.
Read MorePilbara Minerals (ASX:PLS), a major player in the global lithium market, has disclosed a staggering collapse in lithium prices. The nosedive, confirmed via the company's announcement, underscores the tumultuous journey of this crucial battery material from its peak in late 2022 to the present, marking a decline exceeding 80%.
Read MoreAustralian shares declined by 1.1% early in the trading session, mirroring losses in New York, as concerns over US inflation data suggested a cautious approach by the Federal Reserve towards rate cuts.
Read MoreA snapshot of the stocks on the move, featuring Pentanet (ASX:5GG), Kalgoorlie Gold Mining (ASX:KAL) and Black Rock Mining (ASX:BKT).
Read MoreAnother slide in iron ore prices occurred on Thursday afternoon, and it wouldn’t be surprising to see the $US100-a-tonne level breached in the next couple of days.
Read MoreWinston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreThe Dow Jones Industrial Average fell Thursday and snapped a 3-day win streak after the release of hotter-than-expected U.S. inflation data sent Treasury yields higher, while Nvidia shares were under pressure.
Read MoreShares in Arafura Rare Earths (ASX:ARU) surged more than 77% yesterday after it was confirmed the company will receive A$840 million in funding from the Australian government to create a combined mine and refinery for the key renewable minerals.
Read MoreIn a dramatic announcement just after 5 p.m. Thursday, Tabcorp (ASX:TAH) announced that it and CEO Adam Rytenskild were parting ways after the company’s board became aware of "inappropriate and offensive language used by Mr. Rytenskild in the workplace.”
Read MoreThe Dow Jones Industrial Average fell Thursday and snapped a 3-day win streak after the release of hotter-than-expected U.S. inflation data sent Treasury yields higher, while Nvidia shares were under pressure.
Read MoreOn Thursday, the Australian sharemarket slightly declined by 0.2 percent, driven primarily by a downturn in the financial sector, particularly among the major banks, offsetting gains in the mining sector sparked by a rally in copper prices following potential production cuts by Chinese smelters.
Read MoreAustralian shares opened lower with a 0.2% decline in the S&P/ASX 200, attributed to a 1.1% drop in financials, driven by downgrades from Macquarie on the big four banks, while the materials sector rose by 1.5% due to rebounds in iron ore miners Rio Tinto, BHP, and Fortescue, following three-month lows earlier this week.
Read MoreA snapshot of the stocks on the move, featuring PainChek (ASX:PCK), Chimeric Therapeutics (ASX:CHM) and Torque Metals (ASX:TOR).
Read MoreThe federal government is backing another rare earths business, this time the Gina Rinehart-supported Arafura Rare Earths group (ASX:ARU), with its Nolans Northern Territory mine and refinery.
Read MoreAlbemarle, the world's largest producer of lithium for electric vehicle batteries, has decided to join rival Pilbara Minerals and start auctioning its supplies of Australian-sourced spodumene, a key raw material for lithium metal.
Read MoreDelve into the cutting-edge realm of regenerative medicine with Kilian Kelly, CEO of Cynata Therapeutics. Learn how their stem cell innovations are shaping the future of healthcare.
Read MoreOn Wednesday, the S&P 500 pulled back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally.
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