Today
ASX to fall, S&P 500 rally runs out of petrol
Australian shares are set to open lower. US stocks sell-off late; Dow sheds 475 points. S&P 500 slides 1.5pc.
- Updated
- Timothy Moore
Yesterday
ASX to rise, S&P 500 edges closer to record high
Australian shares are set to open higher. Dow, Nasdaq 100 reset record highs. Fed official signals rate cut potential. Oil edges towards $US80 mark. $A rises.
- Timothy Moore
This Month
ASX to rise, Wall Street powers higher
Australian shares are set to advance. S&P 500 paces gains in New York. Oil retakes $US78 mark. $A steady. Apple lower on Watch patent loss.
- Timothy Moore
ASX to rise even as Fed-fuelled surge shows signs of overheating
The Federal Reserve-driven rally in global shares continued overnight, pushing the S&P 500 towards overbought levels.
- Updated
- Andrew Hobbs
ASX to jump after Fed greenlights future rate cuts
ASX futures jump as the US keeps its key rate unchanged and says it expects three rate cuts next year; US stocks rose and yields sunk after the announcement.
- Updated
- Andrew Hobbs
ASX to open flat as US inflation prompts traders to trim rate cut bets
US stocks, bonds and the dollar struggled for direction after core US consumer price index, which excludes food and energy costs, increased 0.3 per cent.
- Updated
- Andrew Hobbs
ASX to gain as all eyes on US CPI, rates and Bullock
Australian shares are poised for a modestly higher start as investors stay on the sidelines ahead of key US inflation data tomorrow Sydney time and interest rate decisions in the US and UK later this week.
- Updated
- Andrew Hobbs
Wall Street rises despite enduring labour market strength
All three US benchmarks closed the week higher as strong jobs data did little to dent hopes for a 2024 pivot to rate cuts.
- Updated
- Timothy Moore
ASX to slip, Alphabet surge paces Nasdaq rally
Australian shares are set to open modestly lower. Techs bolster S&P 500 and Nasdaq Composite. Oil steadies. Bitcoin slips. $A edges above US66¢.
- Timothy Moore
ASX to fall, Wall St fluctuates, oil plunges
Australian shares are poised to fall at the open, tracking losses in New York as oil tumbled anew. Bitcoin hovers at $US44,000.
- Timothy Moore
ASX to rise, Apple rallies, US bond yields drop
Australian shares are set to open higher. The iPhone’s market cap is back at $US3 trillion. The 10-year yield at 4.17pc. Bitcoin eyes $US44,000. $A slides.
- Timothy Moore
ASX to fall, Wall Street rally hits a wall
Australian shares are set to open lower. Tech stocks paced broad losses in New York. Bitcoin briefly topped $US42,000. $A slides.
- Timothy Moore
Wall Street rallies on Powell rates signal
The S&P 500 closed at 4594 – its highest close of 2023. and the yield on the US 10-year note tumbled to 4.2pc. $A leaped. ASX futures rose 0.9pc.
- Updated
- Timothy Moore
ASX to fall, S&P 500 rallies late to end higher
Australian shares are set to start December on the back foot. US 10-year yield back above 4.3pc.
- Timothy Moore
November
ASX to rise, bond yields extend their slide
Australian shares are set to open higher. Wall Street’s November rally intact. Bill Ackman predicts rate cut pivot. JPMorgan sees US equity headwinds.
- Timothy Moore
ASX to rise, US bond yields extend their slide
S&P 500 closes modestly higher. Fed officials signal potential rising for December rate pause. $A rallies. Bitcoin reaches $US38,000.
- Updated
- Timothy Moore
ASX to edge up, retail sales in focus
Australian shares are set to rise modestly. US stocks slipped, bond yields eased. Gold topped $US2000. October sales data pending.
- Timothy Moore
S&P 500 extends its November rally in short session
US shares closed mostly higher in thin Thanksgiving trading as investors remain bullish and optimistic the Federal Reserve is poised for a rate pivot.
- Updated
- Timothy Moore
ASX to rise, European data signals no fast pivot to rate cuts
Australian shares set to open modestly higher, in line with Europe. Oil slips, gold edges up. Bitcoin holds above $US37,000.
- Timothy Moore
ASX to slip, Wall Street higher, oil swings
Australian shares are set to open lower. Oil tumbled then pared its early losses. Iron ore extended its rally. S&P 500 rises through 4550.
- Timothy Moore