Pre-Market Report – Wednesday 26 June: ASX to fall. SPI Futures

Pre-Market Report – Wednesday 26 June: ASX to fall. SPI Futures down 29 points (-0.37%).

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Another floppy start.. US equities ended mixed overnight. The NASDAQ rallied 1.26%, buoyed by gains in chip stocks and Nvidia, up 6.8% bouncing back from a three-session sell-off. The S&P 500 rose 0.39%, snapping a three-day losing streak, while the Dow tumbled 299 points (-0.76%). Up 12 points at best. Down 414 points at worst. US Treasury yields finished near flat line. During trade, the yield curve inversion between the 2Y and 10Y notes deepened to more than 50bps for the first time th...

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End of Day Report – Friday 28 June: The ASX200 closes up 8 points as midday tax loss selling creeps in

The ASX200 has finished the day and financial year up 8 points (+0.1%) to 7768. Losing a 60-point gain from midday as tax loss selling crept in. US presidential debate not impacting our market. Technology was the best performing sector for the third day in a row. Following a small NASDAQ lead...

Published 06/28/24

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Published 06/28/24

Pre-Market Report – Friday 28 June: Last Trading Day of Financial Year

ASX to rise. SPI Futures up 26 points (+0.34%). Wall Street edged higher overnight following a choppy trading session amid mixed economic data ahead of tomorrow's PCE reading. The Dow Jones and S&P 500 ended flat, both up 0.09%, while the NASDAQ managed to eke out a small gain of 0.30%. Big...

Published 06/27/24