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Market updates
ASX 200 to fall; Wall Street ends mixed on Powell’s comments
June 30, 2022 08:12 AM AEST| By AshishThe Australian shares are likely to open lower on Thursday after a muted overnight trading session on Wall Street
ASX 200 drops 0.9% after Wall Street tumble
June 29, 2022 05:42 PM AEST| By SukritiASX 200 snapped a four-day winning streak today, tumbling 0.9%, or 63.4 points, to 6700.2. The technology sector dropped 2.8%, and financial was the best performing sector.
ASX 200 set to open lower; NASDAQ ends down 3%
June 29, 2022 08:20 AM AEST| By AshishThe Australian shares are set to open lower on Wednesday following a dismal overnight session of trade on Wall Street
ASX 200 shuns fears, closes 0.86% higher as commodities rebound
June 28, 2022 06:22 PM AEST| By Sukriti NairASX 200 continued to gain today, closing 0.86% higher. Energy and utilities pushed the Australian benchmark index higher. Globally, commodity price bounced back. Oil went up on new G7 nation’s sanctions on Russian oil
ASX 200 to open lower; tech stocks drag down Wall Street
June 28, 2022 08:11 AM AEST| By AshishThe ASX 200 is likely to open slightly lower on Tuesday as tech stocks dragged down Wall Street.
Financials, energy stocks propel ASX 200 to close 1.9% higher
June 27, 2022 06:53 PM AEST| By Sukriti NairAustralian benchmark ASX 200 index gained 1.9% on Monday, building on last week’s rebound, amid a broad-based buying. The financial sector led gains in the market as investors grabbed shares of beaten-down Australian big four banks. Energy stocks als...
ASX 200 to rise after Wall Street rallies
June 27, 2022 08:14 AM AEST| By AshishThe benchmark ASX 200 is likely to open 103 points or 1.6% higher on Monday morning
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ASX 200 gets 0.8% lift from IT, telecom, US Fed rate hike in focus
June 24, 2022 06:20 PM AEST| By Sukriti NairASX200 closed the week 0.8% higher, propelled by IT and telecom stocks. Weakness in global commodity market sentiment continued to weigh down on Australian material and energy sector. Concerns about US Fed’s rate hikes to tame inflation and a globa...
US stocks advance after energy, tech-led gains; NEE, AAPL rise
June 24, 2022 08:02 AM AEST| By Mridul GogoiUS stocks gained on Thursday after a steep decline the day before.
ASX 200 to fall amid weakness in commodities; US stocks rise
June 24, 2022 07:58 AM AEST| By AshishThe Australian share market is set to open the day in the red despite Wall Street closing higher
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REITs, healthcare stocks lift ASX 200, commodities slump
June 23, 2022 06:24 PM AEST| By Sukriti NairASX 200 regained 0.31% today, thanks to a push from REITs and healthcare stocks. The Energy and material stocks lose maximum. Inflation and recessionary concerns continued to worry investors globally, causing a commodities slump.
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Wall Street rebounds after worst week; SAVE, XOM, AAPL rally
June 22, 2022 08:01 AM AEST| By Mridul GogoiUS indices ended higher on Tuesday after a worst week in two years.
ASX 200 to fall at open; oil, iron ore prices sink
June 20, 2022 07:53 AM AEST| By Ashish4%. The Australian share market is expected to start the week on a muted note following mixed closing on Wall Street last Friday. The domestic market is likely to extend losses from its biggest weekly drop since March 2020 on Friday as investo...
US stocks end mixed after tech rally; SGEN, MRNA surge
June 18, 2022 07:09 AM AEST| By Rupam RoyBenchmark US indices closed the week mixed on Friday, June 17, as mega-cap growth stocks rallied, shaking off the negative sentiments about inflation and declining economic growth. The S&P 500 was up 0.22% to 3,674.84. The Dow Jones lost 0.13% t...
ASX 200 to fall 2% at open; Wall Street tumbles, NASDAQ down 4%
June 17, 2022 07:54 AM AEST| By AshishHighlights The Australian share market is likely to end the week in the red. According to the latest SPI futures, the ASX 200 is expected to open 130 points or 2% lower on Friday. In the US, the Dow Jones was down 2.4%, the S&P 5...
ASX 200 to rise; Wall Street soars after Fed hikes rates by 75 bps
June 16, 2022 07:56 AM AEST| By Ashisher. The Australian share market is likely to rebound on Thursday following a robust overnight trade on Wall Street. The US stocks rose after Federal Reserve hiked interest rates by 75 basis points, the biggest increase since 1994, and assured...
Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar
June 16, 2022 06:56 AM AEST| By Rupam RoyWall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994, to rein in the relentless spike in inflation. The S&P 500 was up 1.46% to 3,789.99. The Dow J...
ASX 200 to open lower; investors await Fed’s rate decision
June 15, 2022 07:57 AM AEST| By AshishHighlights The Australian share market is likely to extend losses on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 60 points or 0.9% lower. On Wall Street, the Dow Jones fell 0.5% and the S&P 500...
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
June 15, 2022 06:55 AM AEST| By Rupam RoyWall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....
Bloodbath for Australian equities as ASX 200 falls 3.55%, sets new 100-day low
June 14, 2022 06:41 PM AEST| By Priyanka PayalHighlights Setting a new 100-day low, the Australian share market declined sharply today due to a selloff in global equities. ASX 200 closed 3.55% lower/ dropping 246.00 points at 6,686.00 points Global market selloff resulted from r.....
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