Pre-Market Report – Thursday 27 June: ASX to drop. SPI Futures

Pre-Market Report – Thursday 27 June: ASX to drop. SPI Futures down 85 points (-1.09%).

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US equities closed broadly higher overnight following a choppy day of trade. The Dow edged up 16 points (+0.04%). Up 72 points at best. Down 203 points at worst. The S&P 500 rose 0.16% and is on pace to enter the second half of the year with a gain of ~15% YTD. The tech-heavy NASDAQ advanced 0.49%, locking in the gain before big tech got hit too hard in late trade after Micron Technology’s outlook missed expectations. US small caps Russell 2000 eased 0.12%, and Wall Street’s Fear Index, t...

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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