ASX 200 tanks 2% amid bloodbath on Wall Street

The Australian share market slid at the open on Friday, as Wall Street witnessed a bloodbath on Thursday with sharp declines in global equites as market participants fretted over aggressive central bank policies across the globe to put a leash on s...

US indices drop on more rate hike fears; SHOP, Wayfair, ETSY fall

Wall Street’s main indices fell sharply on Thursday, May 5, the biggest drop since the early days of the pandemic as investors feared a steep rate hike call at the Fed’s next meeting in June. The S&P 500 fell 3.56% to 4,146.87. The D...

ASX 200 to fall; Dow Jones tumbles 1,000 points; Macquarie results today

Highlights The Australian share market is expected to end the week in the red. According to the latest SPI futures, the ASX 200 is likely to open 109 points or 1.5% lower. On Wall Street, the Dow Jones fell 3.1%, the S&P 500 drop...

Big boost from energy and tech stocks pushes ASX 200 0.8% higher

Highlights ASX 200 edged 0.8% higher today, snapping a three-day losing streak and mirroring gains in US markets. In the US, Federal Reserve increased rates by 50 basis points, dashing worries that it might raise rates by 75 basis points. Asia...

ASX 200 rallies at open as Wall Street ends higher after Fed rate hike

Highlights The benchmark ASX 200 rallied 0.53% or to 7,343 in the first few minutes of trading. The US Federal Reserve increased interest rates by 50 basis points, the biggest rate hike since 2000. US stocks staged a massive rally while treasu...

ASX 200 to rise as US stocks jump on Powell’s remark; NAB earnings today

Highlights The Australian share market is expected to rebound on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 38 points or 0.5% higher. On Wall Street, the Dow Jones rose 2.8%, the S&P 500 climbed ...

US stocks rise after Fed's half-point rate hike; MRNA, SBUX, LTHM rally

Wall Street indices climbed higher on Wednesday, May 4, following the Federal Reserve's announcement of its widely anticipated half-point interest rate hike, marking the highest rate increase since 2000. The S&P 500 was up 2.99% to 4,300.17. The...

ASX 200 opens in green; Incitec Pivot, Janus Henderson lead gains

The Australian share market opened on a higher note on Wednesday, tracking an overnight green session on Wall Street as investors seem to be fully prepared ahead of the US Federal Reserve’s potential rate hike decision, where markets expect a...

ASX 200 to rise; US stocks gain ahead of Fed meet; ANZ earnings today

Highlights The Australian share market is expected to rebound on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 36 points or 0.5% higher. On Wall Street, the Dow Jones rose 0.2%, the S&P 500 jumped ...

US stocks close higher as Fed meets on rate hike; PFE, BP, WDC rally

Wall Street indices closed higher on Tuesday, May 3, as the Federal Reserve began its two-day policy meeting in which officials are expected to deliberate on the next interest rate hikes. The S&P 500 was up 0.48% to 4,175.48. The Dow Jones rose ...