Pre-Market Report – Tuesday 14 July: US markets slide - Chips get fried - Oil jumps - SPI down 8 - US Earnings in focus - Warsh on the Hill.

Pre-Market Report – Tuesday 14 July: US markets slide - Chips get fried - Oil jumps - SPI down 8 - US Earnings in focus - Warsh on the Hill.

US stock indices closed lower on Monday amid weakness in chipmakers and a deteriorating macroeconomic backdrop. The S&P 500 fell 0.8%, the Nasdaq 100 lost 1.9%, and the Dow dropped 138 points. Chipmakers sank on persistent concerns that AI hyperscalers will be forced to scale back spending on AI infrastructure. SK Hynix ADRs fell 8.6% after surging 13% in their debut on Friday, as a Korean brokerage warned the company could miss its next earnings expectations. Nvidia shed 3.5%, Broadcom w...

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End of Day Report – Monday 13 July: ASX 200 closes up 3 - Banks hold firm - Miners slip - XRO CEO sells out - SK Hynix Crashes

End of Day Report – Monday 13 July: ASX 200 closes up 3 - Banks hold firm - Miners slip - XRO CEO sells out - SK Hynix Crashes

The ASX 200 recovered from early losses to close up just 3 points at 8,809, despite weakness across the region, particularly in Korea. Once again, the banks held firm, with the Big Bank Basket rising ...

13 Juli 13min

Pre-Market Report – Monday 13 July: US Markets firm - SPI up 43 - RRL pulls out - Oil up

Pre-Market Report – Monday 13 July: US Markets firm - SPI up 43 - RRL pulls out - Oil up

Wall St rose Friday, closing out a second straight week of gains in a quiet session. Dow Jones up 150 points. S&P 500 up 0.42%, closing in on record highs. Nasdaq up 0.29%. Russell 2000 down 0.49%. VI...

12 Juli 11min

End of Day Report – Friday 10 July: ASX 200 up 0.5% - Resources bounce back - Banks firm - Healthcare and Industrials lose ground.

End of Day Report – Friday 10 July: ASX 200 up 0.5% - Resources bounce back - Banks firm - Healthcare and Industrials lose ground.

The ASX 200 rose 44 points to 8,806, up 0.5%, after a slow start, with the banks finding their feet. For the week, the ASX 200 fell 38 pts. CBA rose 0.5% and ANZ gained 0.8%. The Big Bank Basket rose ...

10 Juli 12min

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...

9 Juli 10min

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

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