Benchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased investors' concerns over a slow economic growth. The S&P 500 rose 2.02% to 4,088.85. The Dow Jones ...
Highlights ASX 200 finished today’s session 0.3% higher at 7112.5 points, buoyed by a rally across resources stocks. Australian share market might remain volatile amidst rising recession risks and commodity price variations. Economic gro...
Highlights The Australian share market is likely to inch higher despite a disappointing start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open 24 points or 0.35% higher. On Wall Street,...
Lately, investors have been concerned that the US central bank could cause a recession if it raises rates too high or too quickly. Now, they seem relatively reassured on the US interest rate outlook. Bets that the Federal Reserve will lift US inter...
The Australian market started the week on a positive note, taking cues from a strong closing on Wall Street on Friday. Thanks to positive investor sentiment, the benchmark ASX 200 index is enjoying a 0.63% rally. Image Source: © 2022 Kalkin...
Highlights The ASX 200 index was trading 0.78% higher at 7,130.3 in the first 10 minutes of trading. Global equity markets ended higher on Friday with frontline indices on Wall Street rallying to end a volatile week. The industrial sector gain...
sp; The Australian share market is likely to begin the week on a strong note following robust performance by Wall Street on Friday. The higher oil and iron ore prices may aid local commodity stocks, with surging inflation and accompanied rate ...
Wall Street's main indices rallied on Friday, May 13, ending the week on a positive note after investors shrugged off concerns about inflation and other negative market trends. The S&P 500 was up 2.39% to 4,023.89. The Dow Jones rose 1.47% to 32...
For much of 2022, world markets have been volatile owing to China's Covid-19 lockdowns, Russia's invasion of Ukraine, and surging inflation weighing on consumer sentiment. Another volatile week for global share markets just ended. Indexes witnesse...
Highlights The benchmark ASX 200 index shot up 0.8% to 6,996.7 in the first 15 minutes of trade. US stocks ended on a mixed note on Thursday. The ASX healthcare sector is the leader so far, surging 0.9% in early trade. The Australian shar...