Wall St closed mixed overnight as investors await AI giant Nvidia’s upcoming earnings report. The Dow Jones gained 0.32%, the S&P500 closed flat and the tech heavy Nasdaq fell 0.11%.Investors are awaiting results from Nvidia whose results could hold more significance than some key economic reports given the chipmakers $3.6 trillion market capitalization which could also impact markets for the rest of the week.Over in Europe, markets closed lower as investors continue to analyse the ongoin...

Wall Street closed higher on Tuesday despite rising geopolitical tensions between Russia and Ukraine. The Nasdaq led the gains with a rise of 1% as Nvidia popped 5% ahead of the release of its earnings results out on Wednesday. The S&P500 ended Tuesday’s session up 0.5% and the Dow Jones reversed early session losses to close 0.1% higher.Walmart shares are up over 5% after the US retail corporation posted better-than-expected earnings and hiked its outlook on strong discretionary spend in...

Wall Street returned to mostly rally mode on Monday with the Nasdaq leading the gains, posting a rise of 0.6% at the closing bell while the S&P500 added 0.4% but the Dow Jones ended the day down 0.1%. Tesla shares popped 5.6% on Monday amid reports President Elect Donald Trump’s team is working on ways to ease self-driving regulations, while Nvidia shares lost 1.3% as investors await earnings out of the semiconductor giant. Across Europe overnight, markets closed mixed in the region ...

Wall St closed lower on Friday as investors maintain concerns over US interest rates. The Dow Jones fell 0.7%, the S&P500 lost 1.32% and the tech-heavy Nasdaq dropped 2.24%.Investor concerns for US interest rates rose, when Federal Reserve Chair, Jerome Powell, commented that the central bank “wasn’t in a hurry” to cut interest rates.Over in Europe, markets closed lower, recording a fourth consecutive weekly decline. The STOXX600 fell 0.76% with media stocks dropping 3%, whilst mining sto...

This week, several ASX-listed companies provided quarterly updates as we close out Q1. Among those reporting were Commonwealth Bank, James Hardie, and Xero. Additionally, check out Grady’s insights on the key themes for FY25 as depicted in Q1 results.In this week’s wrap, Grady covers:(0:23): CBA soared to record highs, but what does the outlook suggest?(2:05): Xero maintains profitability, how did markets react?(3:54): the key themes and outlook for FY25(5:15): how the ASX200 performed this w...

Wall St extended its post-rally breather into Wednesday with the major averages ending the day mostly flat. The Dow Jones rose 0.11%, the S&P500 added just 0.02% and the tech-heavy Nasdaq ended the day down 0.26%.The US CPI index for October showed inflation rose to an annual rate of 2.6% which met economists’ expectations and was a slight uptick from the 2.4% reported in September. Core inflation which excludes food and energy rose 3.3% in the last month which also met expectations.Over ...

The Wall Street post-election rally took a breather on Tuesday from the record highs set across the major averages in recent sessions. The Dow Jones fell 0.86%, the S&P500 lost 0.3%, and the Nasdaq ended the day down 0.09%. Treasury yields also climbed on Tuesday with the 10-year adding around 10 basis points which also weighs on investor appetite for equities.In Europe overnight, markets closed lower in the region as investors digested what the Trump White House could mean for the eurozo...

Wall St closed higher to start the trading week as the Dow Jones closes above 44,000 for the first time ever, jumping 0.69%. The S&P500 rose by 0.1% and the tech-heavy Nasdaq gained 0.06%.In terms of US stocks, JP Morgan Chase and Goldman Sachs rallied 1.1% and 2.3% respectively as investors hope that Trump’s election into the white house could lead to easier regulation in the banking sector.Over in Europe, markets closed higher ahead of important economic data readings this week includin...

Wall St topped record territory on Friday with the S&P500 and Dow Jones ending the day at fresh record highs in the wake of Trump’s election victory and the Fed cutting interest rates by 25-basis points late last week. The S&P500 rose 0.38% to a fresh record 5,995.54 points, while the Dow Jones rose 0.6% to a fresh record 43,988.99 points and the Nasdaq ended the day up 0.09%.Despite the rally, investors are concerned about the large federal deficit and increased tariffs sparking fear...

This week saw global markets rally in anticipation of the outcome of the US Presidential Election earlier this week. Wall Street rallied following Donald Trump’s second win of the US presidential election, with the major averages reaching record highs at the closing bell on Wednesday. In this week’s wrap, Grady covers:(0:42): why the gold price took a hit this week(1:22): EV giant Tesla’s share price jump(2:12): how energy & industrials performed this week(3:27): stock & sector b...

Wall St ended Wednesday’s trading session with its major benchmarks hitting record highs as Donald Trump regained the title of President of the United States of America. The Dow Jones had its best day since 2022 jumping 3.57%, the S&P 500 rose by 2.53% and the tech-heavy Nasdaq gained 2.95%.In terms of US shares, Tesla whose CEO, Elon Musk is seen as a massive backer of Trump saw shares jump 14%, whilst bank shares also saw a rise with JP Morgan climbing 10% and Wells Fargo rallying 12%.O...

With the US election voting happening now, the markets responded with a rally on Wall St on Tuesday as the outcome of the election is expected to be tight between Kamala Harris and former President Donald Trump. The S&P500 rose 1.23% on Tuesday, while the Nasdaq added 1.43% and the Dow Jones ended the day up 1.02%.Based on historical data, the major averages tend to rally between Election Day and the end of the year, but investors should brace for some choppiness especially if there is un...

Wall St closed lower overnight as investors await results from the US federal election this week. The Dow Jones fell 0.61%, the S&P500 lost 0.28% and the tech-heavy Nasdaq dropped 0.33%.Over in Europe, markets closed lower with the STOXX600 closing 0.3% lower. Technology stocks were the biggest losers, lowering 1.1%, whilst banks gained 0.7%. Germany’s DAX lost 0.56%, the French CAC dropped half a percent and over in the UK the FTSE100 closed slightly higher by 0.09%.Locally yesterday, th...

Wall Street closed higher at the close of the first trading session for November despite the release of a weaker-than-expected jobs report out in the U.S. The unemployment rate held at 4.1% in October, but the US economy added just 12,000 jobs over the month which fell well short of economists’ expectations of 100,000 jobs being added.The Nasdaq gained 0.8% on Friday, the S&P500 rose 0.41% and the Dow Jones ended the day up 0.7%.Amazon rallied over 6% on the back of stellar quarterly resu...

The ASX200 declined in October due to a slump in utilities and consumer staples. Key themes this month included volatile oil prices, strong gold prices, and mixed US tech earnings. While Australian headline inflation eased, core inflation remained elevated, impacting the RBA’s rate-setting decisions. In this week’s wrap, Grady covers: (0:11): how the ASX200 performed in October (1:29): quarterly earnings results released this month(2:42): why the Nasdaq reported a fresh record ...

Wall Street slipped on Wednesday as investors digested the first release of mega cap earnings results for Q3. The Nasdaq fell 0.56% a session after the tech heavy index posted a fresh record high, while the S&P500 and Dow jones lost 0.33% and 0.22% respectively. Alphabet, Google’s parent company, kicked off the mega cap earnings results with a beat of analysts’ expectations driven by strong demand for the company’s cloud business. Meta and Microsoft will post results after the closin...

Wall Street closed mixed on Tuesday with the Nasdaq extending its record run to end the day at a fresh record high as investors prepare for the release of key corporate earnings results out of some big tech names. The Nasdaq rose 0.78% to close at a record 18,712.75 points, while the S&P500 rose 0.16%, but the Dow Jones ended the day down 0.36%.Earnings season has driven investor sentiment these last few weeks and we are awaiting key earnings out of the magnificent seven to provide key ou...

Wall St closed higher overnight as softening oil prices lift stocks. The Dow Jones rose by 0.65%, the S&P500 gained 0.27% and the tech heavy Nasdaq ended Monday’s trading session 0.26% higher.Over in Europe, markets closed higher with the STOXX600 ending Monday’s trading session 0.47% in the green. Gains were led by construction and media stocks which added 2% and 1.6% respectively, while oil and gas stocks fell 1.4%. Germany’s DAX rose 0.35%, the French CAC gained 0.79% and over in the U...

The Nasdaq rose to a fresh record high on Friday while the other major averages ended the day lower as investors piled into the high growth sector ahead of key earnings results being released. The Nasdaq rose 0.56% to a fresh record 18,518.61 points, the S&P 500 inched 0.03% lower and the Dow Jones ended the day down 0.61%.Fast food giant McDonalds shares posted the biggest weekly loss since 2020 on Friday as a deadly E. Coli outbreak linked to the burger giant weighed on the fast-food ch...

This week, we delve into Bell Potter's forecast for interest rate reductions, along with their top domestic consumer stock selections, given the recent decline in inflation and rental growth.In this week’s wrap, Sophia covers:(0:28): what the latest CPI reading means for markets(0:59): factors contributing to rental inflation(1:54): Bell Potter’s consumer stock picks(3:05): how the ASX200 performed this week so far(4:04): the most traded stocks by Bell Direct clients(4:38): economic news item...

Wall St closed lower overnight as higher treasury yields weighed on market sentiment. The Dow Jones had its worst day since September falling nearly 1%, the S&P 500 dropped 0.92% and the tech-heavy Nasdaq lost 1.6%.Over in Europe, markets followed the US and ended Wednesday’s trading session in the red. The STOXX600 closed 0.3% lower with the majority of sectors ending in negative territory. Germany’s DAX fell 0.23%, the French CAC lost half a percent and over in the UK, the FTSE100 close...

Over in the US on Tuesday, rising bond yields are pressured equities for a second session this week. The US 10-Year Treasury note yield briefly topped 4.2% for the first time in months before pulling back. The Dow Jones fell 0.02%, the S&P 500 lost 0.05% lower but the tech heavy Nasdaq ended the day up 0.18%.In Europe overnight, markets closed lower as investors assessed key corporate earnings results. The STOXX 600 fell 0.2%, Germany’s DAX also lost 0.2%, the French CAC fell 0.01% and, i...

Wall St closed mixed overnight as the Dow snapped a three-day winning streak losing 0.8%. The S&P 500 fell 0.18%, whilst the tech-heavy Nasdaq ended Monday’s trading session 0.27% in the green.Over in Europe, markets closed lower as investors monitor heightened Middle Eastern tensions. The STOXX600 closed 0.7% lower with nearly all major sectors ending the day negatively. Losses were led by insurance stocks which fell 1.1%, whilst oil & gas stocks rose 0.6%.Germany’s DAX and the Frenc...

6-straight weeks of gains were sealed across the major averages in New York on Friday with both the Dow and S&P500 setting fresh records at the closing bell.Over the week, the Dow and S&P500 gained 0.96% respectively, while the Nasdaq added 0.8%, with Q3 earnings results being the driver of gains throughout the last trading week.Netflix shares rose 11% on Friday after the streaming giant beat Wall St estimates for earnings and revenues for Q3 and reported a 35% jump in ad-tier members...