End of Day Report – Monday 26 August: ASX 200 up 61 points | Banks and uranium in focus
ASX 200 rose 61 points to 8076 (+0.8%) as uranium and US leads helped sentiment. Banks once again taking the market higher, CBA up 1.5% and NAB up 2.2% with the Big Bank Basket up to $236.90 (1.6%). M...
26 Elo 202412min
Pre-Market Report – Monday 26 August: US to cut | SPI up 41, eyes all-time highs
Global markets rallied overnight on comments from Fed Chair Powell that the “time has come” to start cutting rates. This had been expected by markets for over a month now but did represent the first o...
25 Elo 202415min
End of Day Report – Friday 23 August: ASX 200 flat | Results in focus - AX1, ING, JIN
ASX 200 limped into the Jerome show losing 3 points to 8024. Kamala Harris in ‘da house’ too. Up 0.8% for the week. Resources gave back some of the week’s gains, BHP down 0.7%, FMG off 2.0%, with lith...
23 Elo 202412min
Pre-Market Report – Friday 23 August: US markets fall ahead of Powell | SPI Futures down 43
The S&P 500 pulled back on Thursday as investors readied for a speech by Federal Reserve Chair Jerome Powell at the central bank’s annual Jackson Hole conference. S&P slipped 0.89% to close at 5,570....
22 Elo 202414min
End of Day Report – Thursday 22 August: ASX 200 up for 10 days straight | All about results
ASX 200 rose another 17 points to 8027 (+0.2%) as Super Thursday produced a head-spinning deluge. Again, some good, some bad, and some very ugly. MP1 for one down 21.0%. Once again, we saw resources o...
22 Elo 202412min
Pre-Market Report – Thursday 22 August: SPI Futures up 28 | Super Thursday results
The Nasdaq Composite climbed 0.57% to 17,918.99, also clinching its ninth positive day of 10. The Dow Jones Industrial Average ticked up by 55.52 points, or 0.14%, to finish at 40,890.49 for its sixth...
21 Elo 202414min
End of Day Report – Wednesday 21 August: Resource rally turns index around | WTC up 18%
ASX 200 fought back from early losses to close up 13 points at 8011. Positive results and outlooks driving buyers. Pretty good considering CBA was ex-dividend today 250c. The Big Bank Basket lost 1.5%...
21 Elo 202411min
Pre-Market Report – Wednesday 21 August: US falls after 8 days of gains | BXB, CTD, DMP results
The Dow Jones Industrial Average slid 61.56 points, or 0.15%, to 40,834.97. The S&P 500 slid 0.2% to 5,597.12, while the Nasdaq Composite shed 0.33% to 17,816.94. Tuesday’s declines snapped eight-day...
20 Elo 202414min
