Wall Street edged lower overnight as attention turned to forthcoming economic indicators potentially influencing the Fed’s interest rate timeline. The S&P 500 slipped by 0.39%, the NASDAQ Composite by 0.13%, and the Dow shed 62.23 points. Notably, the S&P 500 has recorded gains in 15 of the past 17 weeks, a feat observed only once…
U.S. stocks ended Monday in the red.
The Dow Jones fell 0.16%.
The S&P 500 and Nasdaq dropped 0.38% and 0.13%, respectively.
SPI down 4.
ASX rose a modest 10 points to 7663 (+0.1%). Off early lows. Results the focal point again. Once again, the banks doing the heavy lifting with the Big Bank Basket up to $205.96 (+0.8%). CBA leading the charge up 1.0%. MQG up 0.8% and GQG up 1.4%. While NAB, WBC and ANZ hit 52-week highs.…
ASX rose a modest 10 points to 7663 (+0.1%). Off early lows.
Results the focal point again.
COL results cheer. CSR agrees bid.
US markets quiet but holding their highs. US CPI number tomorrow is the signpost this week. Resources down again overnight on iron ore price risk worries.
Macquarie annoying us – 52 week high. Three more days of results- Expected today – WDS, COL, REH, ALU, AWC, ABC, JLG
Stocks we hold with results yesterday – SUN and NHF – we have a look.
A lot of Dividends on the horizon.
AI swamping HI (Human Intelligence) on Reuters.
Almost there- two more days of resutls left – TLS ex-dividend tomorrow – CPI numbers ahead
SUMMARY Investment banks down in the US. MQG hits a 52-week high. Is that the top for now? Iron ore down, Oil up. Not buying BHP. Keeping an eye on WDS for a new uptrend (results today). LLC prints a daily buy signal after being dumped on results last week. KGN shoots into overbought territory…
ASX 200 closed up 9 at 7653 (0.1%) after a very solid start evaporated. Big Monday with M&A and results in focus. First up Alcoa bid for AWC after a 20-year life on the ASX, ABB bid for SLC and CSR in a trading halt pending an announcement on a material transaction. Banks mixed, CBA…
Ah McCains, you have done it again.
Results continue – Follow the money.
ASX – We have a problem. Another one bites the dust in AWC offer. And SLC too.
Uranium – All over Red Rover?
