End of Day Report – Monday 21 October: MIN and WTC fall hard | Gold miners hitting highs
Description
ASX 200 jumped 61 points to 8344 (+0.7%) as resources back in vogue. China cut rates today, iron ore futures rallied slightly. BHP up 1.4% on Samarco update, RIO up 1.9% and FMG rallying 1.5%. Gold miners in demand again, NST up 1.9% and EVN shooting higher, up 5.2%. Lithium stocks also seeing short covering, PLS up 3.4% and MIN suffering badly on CEO and tax issue news, down 13.8%. Oil and gas stocks better with WDS up 1.3% and STO rallying 1.5% with uranium stocks glowing, BOE up 6.2% and P...
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...
Published 11/14/24
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...
Published 11/13/24