End of Day Report – Friday 20 December: ASX stumbles 1.2% lower as banks tank | US PCE tonight
The ASX 200 fell hard again today, down another 101 points to 8067 (1.2%) as the banks came under pressure. For the week the ASX 200 is down 2.8% with the US Triple witching and Core inflation numbers...
20 Dec 202411min
Pre-Market Report – Friday 20th December: US markets stabilise | Commodities weak on USD strength
The Dow Jones Industrial Average was higher Thursday, rebounding from its 10th straight loss. The 30-stock Dow added 24 points, or 0.07%. The S&P 500 was little changed, as was the Nasdaq Composite. ...
19 Dec 202410min
End of Day Report – Thursday 19 December: ASX falls 1.7% on Fed | MSB soars on FDA approvals
The ASX 200 tumbled 141 points to 8168 as the Fed grew hawkish and warned on rate cuts next year. Everything was hit hard. The banks fell with CBA down 2.3%, ANZ dropped 2.6% as the AGM saw another sh...
19 Dec 202412min
Pre-Market Report – Thursday 19 December: Powell cuts but turns hawkish | Dow falls over 1000
The Dow Jones Industrial Average fell hard with the index posting its 10th straight losing day as a disappointing rate outlook by the Federal Reserve rocked the stock market. The Dow lost 1,123.03 po...
18 Dec 202412min
End of Day Report – Wednesday 18 December: ASX 200 down 4 ahead of Fed | IFL board rejects bid
The ASX 200 fell 5 points to 8309 as early gains melted away. Fed decision tonight. Banks were under pressure for a change with CBA down 0.9% and ANZ off 0.2% as the Big Bank Basket fell to $259.93 (0...
18 Dec 202411min
Pre-Market Report – Wednesday 18 December: Dow falls 9 days straight | Fed in focus
The Dow Jones Industrial Average fell for its first nine-day losing streak since the 1978. The 30-stock average shed 347 points, or 0.7%. The S&P 500 lost 0.5% , while the Nasdaq Composite ticked down...
17 Dec 202410min
End of Day Report – Tuesday 17 December: ASX 200 up 65 points | Banks lead the charge
The ASX 200 kicked higher today by 65 points to 8314 (+0.8%) as the usual suspects rallied hard. The Big Bank Basket was up to $261.38 (+1.4%). CBA stood out, rising 1.6% MQG gained 1.0% with insurers...
17 Dec 202410min
Pre-Market Report – Tuesday 17 December: US markets mixed | Fed in focus still
The Nasdaq Composite rose to a record, aided by a rally in tech, as investors awaited the Federal Reserve’s policy meeting. The tech-heavy index gained 1.24% to 20,173.89, while the S&P 500 added 0.38...
16 Dec 20249min
