Market Updates

ASX 200 closes 0.4% lower, energy and materials fall as commodities dive

 ASX 200 closes 0.4% lower, energy and materials fall as commodities dive

The Australian benchmark index ASX 200 dropped 0.4%, on the new financial year’s first trade session. Energy and materials pulled the index down as they aligned to the drop commodity prices. Even the Australian dollar hit its two-year low today.

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ASX 200 to fall; Wall Street slips ahead of inflation data; oil rises

ASX 200 to fall; Wall Street slips ahead of inflation data; oil rises

  • June 09, 2022 07:53 AM AEST
  • Ashish

Highlights The Australian share market is expected to open lower on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 53 points or 0.75% lower. On Wall Street, the Dow Jones fell 0.8%, the S&P 500 slipp...

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Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fall

Tech stocks drag Wall Street lower as rate woes weigh; INTC, AMZN fall

US stocks drifted lower on Wednesday, June 8, pulled down by technology shares as inflation, rising oil prices, and rate woes weighed on investors’ sentiment ahead of May CPI data. The S&P 500 fell 1.08% to 4,115.77. The Dow Jones was down...

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Wall Street opens lower as tech-driven rally eases

Wall Street opens lower as tech-driven rally eases

  • June 08, 2022 06:50 AM PDT
  • Reuters

Highlights: US stocks opened lower as technology and growth stocks rally eased. The Dow Jones Industrial Average fell 93.07 points. The S&P 500 and Nasdaq Composite opened lower by 13.56 points and 27.95 points, respectively. Wall Str...

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ASX 200 rebounds, up 0.36%; all sectors barring financials contribute to gains

ASX 200 rebounds, up 0.36%; all sectors barring financials contribute to gains

After the Reserve Bank of Australia’s (RBA) surprise yesterday of raising interest rates by 50 basis points, investors seem to be speculating additional tightening of monetary policy by the Federal Reserve with an announcement of rate hike li...

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ASX 200 to open higher; Wall Street rises in broad rally

ASX 200 to open higher; Wall Street rises in broad rally

  • June 08, 2022 07:52 AM AEST
  • Ashish

Highlights The Australian share market is expected to rebound on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.75% higher. On Wall Street, the Dow Jones rose 0.8%, the S&P 500 surge...

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US stocks recover after Target's (TGT) margin warning; KSS, PLAY surge

US stocks recover after Target's (TGT) margin warning; KSS, PLAY surge

US stocks bounced back to close higher on Tuesday, June 7, after starting in the red on a downbeat retail outlook following Target Corp's (TGT) margin warning for the second quarter. The S&P 500 rose 0.95% to 4,160.68. The Dow Jones was up 0.80%...

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ASX 200 bleeds as RBA’s decision to raise interest rates lowers investor sentiment

ASX 200 bleeds as RBA’s decision to raise interest rates lowers investor sentiment

Highlights ASX 200 closed 53% lower at 7,095.70 points today. All 11 sectors ended lower, contributing to losses in the overall market. Investor sentiment seemed dented by RBA's decision to raise interest rates by 50bps to combat inflation. ...

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Weighed by tech stocks, ASX 200 closes 0.5% lower

Weighed by tech stocks, ASX 200 closes 0.5% lower

  • June 06, 2022 06:21 PM AEST
  • Sukriti

Highlights At market close, ASX 200 fell 0.5%, or 32.5 points, to 7206.3. While the market was weighed down by losses in the technology sector, energy sector was the strongest performer. Equities in Asian markets make a sluggish start to the w...

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Materials, tech stocks help ASX 200 register 3rd straight weekly gains

Materials, tech stocks help ASX 200 register 3rd straight weekly gains

Highlights ASX 200 rose 0.9% to finish the week 0.8% higher buoyed by Technology and Material stocks The ASX 200 index opened on a positive note, rising over 1% in opening trade, but as trade progressed, gains faded Investors remain cautious a...

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ASX 200 rises on strong Wall Street closing; Life360, Novonix top gainers

ASX 200 rises on strong Wall Street closing; Life360, Novonix top gainers

  • June 03, 2022 10:41 AM AEST
  • Ashish

ts. The Australian share market surged higher at the open on Friday, taking cues from Wall Street. The market witnessed strong gains across the materials and technology sectors in the opening minutes of trade. The export-reliant miners are li...

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