End of Day Report – Friday 2nd August - Murder on the Dance Floor - ASX drops 171 ahead of US Jobs
ASX 200 drops 172 points in the worst one-day fall in 16 months, to 7938 (-2.1%). For the week, we are relatively unchanged. All that record-breaking rally was undone. Big hits across the board as US ...
2 Aug 202410min
Pre-Market Report – Friday 2 August: US Markets Tumble - Volatility Returns - SPI down 144 - Apple Reports
US equities kicked off August sharply lower as the market whipsawed to risk-off just a day after the S&P 500 and NASDAQ recorded their best daily performance since February on Wednesday. The Dow ended...
1 Aug 202412min
End of Day Report – Thursday 1 August: ASX 200 up 22- Record - Banks Ease- Banks weaker as Resources find Friends - BOE tonight
ASX 200 rallies only 22 points to 8115 (+0.3%) as good times roll. Record high. A slight sell-off in the banks with a tentative rotation to resources. BHP up 0.5% and RIO doing much better up 1.9%. FM...
1 Aug 202413min
Pre-Market Report – Thursday 1 August: ASX SPI up 17 - US markets jump - Meta Delivers -Fed Holds
US equities rallied overnight, driven by a surge in tech stocks and dovish commentary from Powell. The S&P 500 climbed 1.58%, with six out of 10 sectors advancing, led by tech and consumer cyclical st...
31 Jul 202413min
End of Day Report – Wednesday 31 July: ASX has huge session up 139 points
ASX 200 has finished the day with a huge rally up 139 points or 1.8% to 8092. It’s best session since November 2022. All major sectors closed in the green after an after-hours chip stock bounce in the...
31 Jul 20246min
Pre-Market Report – Wednesday 31 July: ASX SPI up 29 - Microsoft Results _ AMD Numbers - CPI and Retail Sales in Focus
Wall Street finished mixed as mega-cap tech stocks extended their losses in late trade as Microsoft’s results fuelled concerns over AI. The Dow advanced 203 points (+0.50%) with gains in major banks o...
30 Jul 202411min
End of Day Report – Tuesday 30 July: ASX 200 makes Good Recovery from Early Rout - Down 36 points - FMG down 10% as Block Trade Hurts - CCP Beats Expectations.
ASX 200 rallies off lows to close down 36 points at 7953 (-0.5%) as banks steadied after early falls. CBA up 0.8%, and the Big Bank Basket rising to $231.70 (+0.4%) as ANZ copped a broker downgrade. F...
30 Jul 202411min
Pre-Market Report – Tuesday 30 July: US Markets Tread Water - SPI Down 55 - Quarterlies Continue
Wall Street ended virtually flat overnight ahead of a big week of tech earnings, Fed interest rate decisions and US labour data all due this week. The Dow slid 49 points (-0.12%). S&P 500 and NASDAQ f...
29 Jul 202410min
