Pre-Market Report

US markets closed mixed on Friday night with the Dow down 118 points (-0.3%) while the S&P and NASDAQ finished near flat. The first corporate quarterly results and PPI (producer prices) were the primary news events. BofA (-1.1%) and Wells Fargo (-3.3%) dropped as their results fell short of estimates, while JPMorgan (-0.7%), despite posting…

End of Day Report

ASX 200 fell 2 points to 7496 in quiet trade fighting back from early small losses. Banks solid but unspectacular, the Big Bank Basket up to $193.85 (0.1%). Financials followed suit, MQG up 1.0% on Blackrock infrastructure deal and REITs doing ok, GMG up 0.6% and MGR rising 0.5%. Insurers better. Healthcare is struggling as…

Henry’s Weekend Take

THE WEEK THAT WAS Not a 'real week' as volumes remain light and company news remains sparse. Next week things begin in earnest. Heading into US reporting season and, of course, our own reporting season in February. Friday night saw a US PPI come in better than expected and early bank results were promising. Good…