Pre-Market Report – Friday 10 July: US markets push higher - Chips better - SPI down 2 - Gold up - Oil down - BVS upgrade

Pre-Market Report – Friday 10 July: US markets push higher - Chips better - SPI down 2 - Gold up - Oil down - BVS upgrade

US stocks gained traction on Thursday amid gains for chip producers and an improvement in credit conditions. The S&P 500 rose 0.5% and the Nasdaq 100 gained 1.3%, while the Dow rose 200 points. Memory chip producers were sharply higher as markets reconsidered the speculative outlook of AI infrastructure manufacturers. These were magnified by the introduction of SK Hynix ADRs tomorrow, the world's largest memory producer, with reports stating the receipts are seven times oversubscribed. Mi...

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End of Day Report – Thursday 9 July: ASX 200 falls 23 - Banks firm - Iron ore sinks - Gold falls - Oil up

End of Day Report – Thursday 9 July: ASX 200 falls 23 - Banks firm - Iron ore sinks - Gold falls - Oil up

The ASX 200 fell 23 points as, once again, resources came under pressure. BHP fell 1.1%, RIO was hit hard following a broker downgrade, down 3.3%, and FMG also lost ground. Gold miners were weaker des...

9 Juli 11min

End of Day Report – Wednesday 8 July: ASX 200 stages a Argentinian fightback to close down only 19 - Resources weaker - Banks firm - Tech down

End of Day Report – Wednesday 8 July: ASX 200 stages a Argentinian fightback to close down only 19 - Resources weaker - Banks firm - Tech down

The ASX 200 fell another 19 points to 8785 (0.2%) as resources were once again under pressure. Well off the lows though of around 120 pts down. BHP fell 2.3% on potential strike action, RIO dropped 2....

8 Juli 14min

Pre-Market Report – Thursday 9 July: US markets recover from lows - SPI down 49 - Oil jumps on renewed conflict - Gold steady - Fed Minutes

Pre-Market Report – Thursday 9 July: US markets recover from lows - SPI down 49 - Oil jumps on renewed conflict - Gold steady - Fed Minutes

US stock indices closed mixed on Wednesday as higher oil prices worsened the macroeconomic backdrop while chipmakers rebounded. The S&P 500 fell 0.3%, the Dow lost 577 points, while the Nasdaq 100 gai...

8 Juli 13min

Pre-Market Report – Wednesday 8 July: US markets fall - US Launches strikes against Iran - Oil spikes - SPI down 39 - Resources under pressure

Pre-Market Report – Wednesday 8 July: US markets fall - US Launches strikes against Iran - Oil spikes - SPI down 39 - Resources under pressure

US stock indices closed lower on Tuesday amid a selloff in chipmakers. The S&P 500 fell 0.4%, the Nasdaq 100 dropped 1.8%, and the Dow Jones lost 131 points, pulling back from a record high. Semicondu...

7 Juli 14min

End of Day Report – Tuesday 7 July: ASX 200 drops 27. - Banks shine - Resource hit as flare up in Gulf hurts - WTC up - US markets weaker - Samsung tumbles.

End of Day Report – Tuesday 7 July: ASX 200 drops 27. - Banks shine - Resource hit as flare up in Gulf hurts - WTC up - US markets weaker - Samsung tumbles.

The ASX 200 fell 27 points to 8,804 (0.3%) as resources came under significant pressure following renewed kinetic action in the Gulf. Gold miners eased and the broader resources sector was weak. The b...

7 Juli 13min

Pre-Market Report – Tuesday 7 July: US Markets head higher - Dow over 53k - SPI up 3 - Quiet day ahead again

Pre-Market Report – Tuesday 7 July: US Markets head higher - Dow over 53k - SPI up 3 - Quiet day ahead again

The S&P 500 gained 0.72% to end at 7,537.43, while the Nasdaq Composite advanced 1.12% to 26,121.16 as markets started a new trading week following Friday’s U.S. Independence Day holiday. The Dow Jone...

6 Juli 13min

End of Day Report – Monday 6 July: ASX 200 down 13 - Banks ease - Tech rallies slightly - VAU bid - US Futures up.

End of Day Report – Monday 6 July: ASX 200 down 13 - Banks ease - Tech rallies slightly - VAU bid - US Futures up.

The ASX 200 closed down 13 points at 8,831 (0.2%) after drifting from positive to negative throughout the day. The banks were a little sloppy, with WBC down 1.1% and the Big Bank Basket falling to $27...

6 Juli 12min

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