The ASX 200 has finished the day up 31 points or 0.4%. Giving up morning gains as Asian markets drifted lower before a late rally set in. Employment numbers did little to move the dial (held at 4.1% with 16k new jobs added). Banks bounced back from yesterday’s weakness while Resources continued to languish on no news from China. The big four gained between 1% and 2.2% while resources and the iron ore giants finished mostly lower.Why not sign up for a free trial? Get access to expert market in...

The S&P 500 inched higher by 0.02% to close at 5,985.38, while the 30-stock Dow ticked up 47.21 points, or 0.11%, to 43,958.19. The blue-chip index added as much as 230 points earlier on Wednesday. The Nasdaq Composite ended the day with a 0.26% decline and closed at 19,230.74. ASX SPI up 29 - AGMs in FocusWTI advanced 0.48% on short covering a day after hitting a two-week low on OPEC’s reduced demand forecast. Brent Crude +0.04%.The US EIA raised its us global oil production forecas...

ASX 200 recovered to close down only 62 points at 8193 (0.8%). Banks were under pressure with ANZ ex dividend down 4.0% with CBA down 0.4% and NAB off 1.3%. MQG dropped 1.4% with other financials easier. SWF jumped on news BFG has made an 22c offer. Insurers mixed, REITS saw seller back with SGP down 0.8% and SCG off 0.9%. Industrials eased back, WOW down 0.9% and WES falling 1.0%. TCL dropped 2.9% as ALL rose 2.6% on better earnings, retail gave back some of yesterday’s gains. JBH down 0.1% ...

US equities took a breather overnight as treasury yields kicked higher, the USD hit a two-year high, and profit-taking following the post-election rally pressured markets lower. The Dow closed near session lows, off 382 points (0.86%). Up 113 points at best. Down 406 points at worst. The S&P 500 ended its biggest five-day rally in a year, finishing 0.29% lower and the NASDAQ edged 0.09% lower with Tesla losing 6.1% after an almost 45% rally. Small caps lost ground, with the Russell ...

ASX 200 dropped another 11 points to 8256 (-0.1%) as the bifurcation between banks and resources continued. Resources again on the nose, BHP off 1.8% and RIO falling 1.6% with FMG holding up after yesterday’s drubbing. Gold miners also saw across the board selling as hot money left bullion and chased bitcoin towards US$90k. EVN down 3.5% with NEM off 4.6% and GMD down 1.3%. Lithium stocks perked up a little, PLS up 5.7% with MIN better by 1.9% too. Uranium was not a happy place as PDN announc...

ASX 200 dropped another 11 points to 8256 (-0.1%) as the bifurcation between banks and resources continued. Resources again on the nose, BHP off 1.8% and RIO falling 1.6% with FMG holding up after yesterday’s drubbing. Gold miners also saw across the board selling as hot money left bullion and chased bitcoin towards US$90k. EVN down 3.5% with NEM off 4.6% and GMD down 1.3%. Lithium stocks perked up a little, PLS up 5.7% with MIN better by 1.9% too. Uranium was not a happy place as PDN announc...

The Dow gained 304 points, or 0.69%, to 44,293.69. The Dow’s rise brought the index above 44,000 for the first time. The S&P 500 added 0.1% to end the day at 6,001.35 and also earned a record close by surpassing 6,000 for the first time. However, the Nasdaq Composite hovered near the flatline, up 0.06% to 19,298.76.Tesla soared more than 9%, also adding to its postelection gain. But it was an exception among large technology stocks, with Apple slipping nearly 2%. Peers Microsoft and Amazo...

ASX 200 fell 29 points to 8260 (-0.4%). Big iron ore miners were the target today as prices fell in Asia on stimulus disappointment. BHP off 4.1% and FMG down 7.3% with the Three Amigos trading at $179.22. Base metals and lithium stock on the nose too, S32 down 2.6% and PLS slipped 0.7%. MIN down 4.0% as pressure continues to build on the board. Gold miners steadied, NST Up 1.3% and NEM up 0.1%. GMD rose 4.0% on new drilling results. Oil and gas slipped slightly, STO down 0.9% and WDS off 0.2...

Wall Street ended the week higher supported by solid consumer sentiment data and bets that Trump’s pro-growth agenda will fuel corporate America. The S&P 500 rose 0.38% hitting its 50th record high this year and breached over 6,000 during trade before ending the week 4.66% higher, its best weekly performance since November 2023. The Dow Jones ended 260 points higher (+0.59%) and traded over 44,000 for the first time supported by gains in Salesforce +3.60% after reports the company was hir...

ASX 200 ended the week sprinting 69 points higher to 8295 (+0.8%). A good 2.2% rise for the week. It has been a momentous week, money being put to work in the ASX. Resources buoyed by China hopes. BHP, RIO and FMG all better despite iron ore in Singapore falling 2.6%. Gold miners recovered as bullion pushed up again, NST up 1.8% and NEM up 1.2%. Uranium stocks ran out of ‘oompf’ on Cameco production downgrade and oil and gas stocks eased. Lithium stocks mixed, PLS eased 1.0% with LTR up 2.5% ...

The S&P 500 gained 0.74% to close at a record high of 5,973.10. The Nasdaq Composite advanced 1.51% to reach 19,269.46 — its first close above 19,000. The Dow Jones Industrial Average was little changed, ticking down less than one point to 43,729.34. All three indexes hit intraday record highs during the session.Fed cuts rates 25bps. Very calm press conference. Powell will not resign if asked.ASX SPI up 100. Commodities bounce on USD falls and rate cut – ANZ cuts dividend.Why not sign up ...

ASX 200 rose 27 points with a late surge to 8226 (0.9%) in an interesting reaction to a soaring US market. Resources actually held up with BHP up 0.9% and FMG up 3.3%. Lithium stocks also better led by PLS up 3.4%. MIN up another 3.3% despite the ASIC inquiry becoming official. Gold stocks were in trouble as stop losses kicked in, NST down 6.3% with EVN off 6.5%. Oil and gas stocks marched ahead, WDS up 3.2% and STO up 2.4%. Uranium losses were modest. Banks firmed at the close, NAB flat on r...

Wall Street rallied hard overnight reaching record highs after Trump secured the US presidency. All three major indices ended at record levels with markets expecting lower taxes, deregulation and a Trump that weighs in on everything from stocks to the USD. The Dow soared 1,508 points (+3.57%) ending near session highs. Up 1,557 points at best. The S&P 500 registered its one-day percentage gain since November 2022, jumping 2.53% notching its 48th record high this year. Financials were the ...

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The S&P 500 rose solidly on Tuesday in a broad rally for stocks as traders awaited the results from a high-stakes U.S. presidential election.The benchmark index gained 1.23% to close at 5,782.76. The Nasdaq Composite advanced 1.43% to 18,439.17. The Dow Jones Industrial Average climbed 427.28 points, or 1.02%, and settled at 42,221.88.Banks, which would stand to benefit from deregulation under GOP control, were slightly higher. ASX SPI up 61 points.Why not sign up for a free trial? Get ac...

ASX 200 finishes down 33 points to 8132 (0.4%). Quiet trade on Cup day with the RBA leaving rates on hold as expected. Banks eased back slightly, CBA down 0.4% with WBC seeing some modest downgrades falling 1.5%. The BigBankBasket dropped to $ (). MQG still seeing selling off 1.8%. REITs mixed, GMG down 0.6% and CHCup 0.7%. Healthcare too coming under a little pressure, CSL off 0.8%, RMD down 0.2%. Industrials and tech eased back, TLS down 0.3% and REA down 1.3%. In resources, BHP and other i...

Wall Street closed in the red overnight following a choppy day of trade as polls continue to show a tight race in the US presidential election. The Dow Jones traded lower all session, down 258 points (-0.61%). Down 405 points at worst. S&P 500 lost 0.28% as utilities and healthcare stocks dragged while energy stocks outperformed buoyed by a near 3% rise in crude oil prices. The NASDAQ fell 0.33% while small caps Russell 2000 rose 0.40% supported by falling bond yields. US 10Y yield fell 8...

ASX 200 kicks 46 points higher to 8165 (+0.6%). Banks and industrials leading the charge higher. WBC rose 0.9% on a higher dividend and an extension of the buyback. CBA up 1.6% and the Big Bank Basket up to $246.72 (+1.3%). REITs slightly positive, SCG up 0.3% and tech and industrials better, WTC rallied another 2.6% on the calm, XRO up 1.4% and the All-Tech Index up 1.23%. QAN rallied another 1.5% with TCL rallying 2.1%. Healthcare better too, CSL up 1.7%. Resources were mixed, MIN fell 9.6%...

US equities rebounded from the previous day's sell-off led by Amazon’s 6.2% gain on strong results. Equity markets brushed off weak nonfarm payrolls data rising 12k last month, the smallest gain since December 2020, significantly below forecasts of 113k. S&P 500 advanced 0.41% halting its two-day rout and the NASDAQ rose 0.80%. The Dow added 289 points (+0.69%). Up 563 points at best. Nivida +2.0% will be added to the Dow Jones index replacing Intel +7.8% losing its spot after 25 years. F...

ASX 200 down only 41 points at 8119 (-0.5%) after a good afternoon rally on iron ore miners turning positive. Some slightly better Chinese data helping. BHP up 0.3% and RIO bouncing 1.7%. MIN also doing well up another 3.1%. Gold miners still a drift as bullion stumbles. NST down 0.9% and EVN off 2.1%. Uranium stocks steady and oil and gas better as crude rallies in Asian trade. WDS up 1.1% and STO up 0.7%. Banks were hit as MQG warned of increased competition after results underwhelmed. MQG ...

All three major US indexes finished in the red overnight led by tech stocks. Meta down 4.1% and Microsoft off 6.1% after both companies raised growing AI costs that could hit their earnings despite both companies beating earnings estimates. The Dow Jones traded in red all session finishing near session lows, down 378 points (-0.90%). Down 437 points at worst. The S&P 500 slid 1.86% wiping out the gauges advance for October halting its streak of monthly gains. The NASDAQ dropped 2.76% and ...

ASX 200 closes down 20 points to 8160 (-0.3%) as some pre-election nerves creeping in. Banks were steady as results loom, NAB the standout up 0.9% with the Big Bank Basket at $244.82 (). Other financials drifted lower, ASX down 1.1% and SQ2 off 0.1%. REITs mixed, SGP up 0.2% and CHC off 0.4%. Industrials under a little pressure, COL down 0.6% on its trading update, WOW continues to struggle, off 2.8%. TLS fell 0.3% with QAN off 0.6% and TWE down 2.0%. Tech mixed, WTC continued to bounce up 2....

US equities end in the red following another round of corporate earnings and key economic data. The Dow Jones pared earlier gains and finished at session lows, down 92 points (-0.22%). Up 225 at best. The S&P 500 fell 0.33% and the NASDAQ slid 0.56%. Gaines in Alphabet +2.9% weren’t enough to offset losses in chipmakers with losses in Super Micro Computer -32.68% triggering a sell-off after the company announced that EY had resigned as the company’s accountant. Why not sign up for a free ...

The ASX 200 has finished the day down 69 points or 0.8%. Selling set in from the open and continued all session long. The 11:30 inflation print did little to move the dial, showing a 0.2% rise in the September quarter and falling from 3.8% to 2.8% YonY. The smallest yearly rise since Q1 2021.Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.