End of Day Report – Tuesday

ASX closed up 22 points to 7600 (+0.3%) after shooting higher in morning trade. It hit near record highs before a sell-off. Banks eased back very slightly, with WBC down 0.5% and Big Bank Basket unchanged at $198.79.  Insurers eased back, with QBE down 2.2% and SUN off 2.0%. Other financials eased back too, MQG…

Pre-Market Report

Wall St closed mixed on Friday night in narrow trade. The Dow Jones rose 60 points (0.16%) while the S&P 500 and NASDAQ fell 0.07% and 0.36%, hindered by Intel’s 12% drop. US inflation data came in largely in line with expectations and didn’t shock the market. The PCE price index rose by 0.2% in…