End of Day Report – Friday 19 April: Bears Romp on Limited Israeli Strikes on Iran
ASX 200 drops 75 points to 7568 (-1.0%). Anyone would think there was a war on. Down 2.8% for the week, News filtered through during the morning of an Israeli strike in Iran, US futures plummeted, gol...
19 Apr 202414min
Pre-Market Report – Friday 19 April: Raise Rates! Netflix and Chill
The S&P 500 lost 0.22% to 5,011.12, while the Nasdaq Composite dropped 0.52% to 15,601.50. The Dow Jones added 22.07 points, or 0.06%, to finish at 37,775.38, still closing just above its flatline for...
18 Apr 202414min
End of Day Report – Thursday 18 April: Jobs Data Fails to Move the Dial
ASX 200 rose 37 points to 7639 (+0.5%) off highs but bounces off 7600. Jobs data fails to stir. Good news for Iron ore miners with BHP production numbers and higher ore prices in Asia saw BHP up 1.5%,...
18 Apr 202415min
Pre-Market Report – Thursday 18 April: US Down but Commodities Higher
The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward pressure on the market. The broad index lost 0.58% to 5,022.21, while th...
17 Apr 202416min
End of Day Report – Wednesday 17 April: Gold Shares Finally Perk Up
ASX 200 closes down 7 to 7606 (-0.1%) in an anaemic bounce snuffed out at the close despite better US futures. Nerves surrounding Israel continue. Banks staged a slight recovery as BOQ beat forecasts ...
17 Apr 202415min
Pre-Market Report – Wednesday 17 April: US Markets Hold Despite Powell’s Comments
Wall Street closed mixed overnight in choppy trading as the market weighed the latest round of quarterly reports and Powell's comments which drove bond yields to fresh 2024 highs. The Dow gained 64 po...
16 Apr 202414min
End of Day Report – Tuesday 16 April: Nice Day for a Red Wedding
ASX 200 falls hard by 140 points to 7613 (-1.8%) on Middle East tensions, US sell-off and Chinese data. Banks got sliced and diced, with CBA down 2.1% and the Big Bank Basket down to $199.47 (2.1%). M...
16 Apr 202413min
Pre-Market Report – Tuesday 16 April: US Markets Swoon on Uncertainty | Gold Hits Record
The Dow Jones Industrial Average lost 248.13 points, or 0.65%, to close at 37,735.11. The 30-stock index relinquished an advance of more than 1% seen early in the session to mark its sixth straight lo...
15 Apr 202413min
