ASX200 has commenced the new week on an encouraging note, gaining 1.45% to close at 7,286.60 points on Monday. With today’s gains, the index has crossed its 125-day moving average (MVA). In the last week the index was up 1.93%, however, it is...
er. The Australian share is expected to begin the week on a strong note following a robust closing on Wall Street last Friday. while higher iron ore prices are expected to aid mining stocks. Slowing US inflation and solid finish by tech-focus...
US stocks closed the week with a third straight session of gain on Friday, May 27, helped by positive retail guidance and expectations of the macroeconomic situation improving. The S&P 500 was up 2.47% to 4,158.24. The Dow Jones rose 1.76% to 33...
cretionary. Closing the week above its 20-day Moving Average (MA), the ASX 200 posted a 1.08% gain today to close at 7,182.70. The Aussie benchmark index has gained about 0.53% in the last five days, though it is still down by 3.51% on a ye...
Highlights The Australian share market is set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is likely open 69 points or 1% higher on Friday. On Wall Street, the Dow Jones surged 1.6%, the S&...
Wall Street's main indices rose for the second straight day on Thursday, May 26, buoyed by positive retail earnings and labor data - affording a glimmer of hope amid market turbulence. The S&P 500 was up 1.99% to 4,057.84. The Dow Jones rose 1.6...
Today, the ASX 200 could not sustain morning cheers. The benchmark index dropped 0.69% to trade at 7.105.90 points by market close. While in the past last five trade days the index has grown by 0.59%, it is still down 4.55% on a year-to-date basis....
Highlights The Australian share market is expected to rise on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 11 points or 0.15% higher. On Wall Street, the Dow Jones rose 0.6%, the S&P 500 rose 0.95%...
US stocks closed higher on Wednesday, May 25, after Fed's minutes from its last policy meeting showed that most members favored more aggressive interest rate increases to calm inflation. The S&P 500 was up 0.95% to 3,978.73. The Dow Jones rose 0...
A huge chunk of market experts opine that global economic growth is slowing. The tightening in global monetary and financial conditions seems to be slowing spending growth, heightened by the high costs of food and energy staples. Adding onto pressu...