End of Day Podcast Tuesday
ASX 200 fell another 90 points to 6943 (1.3%) after weak leads from overseas and bond yields pushing higher. RBA leaves cash rates unchanged in Bullock’s first meeting.
ASX 200 fell another 90 points to 6943 (1.3%) after weak leads from overseas and bond yields pushing higher. RBA leaves cash rates unchanged in Bullock’s first meeting.
The Dow Jones Industrial Average retreated on Friday as investors followed the latest news about a potential government shutdown and ended what has been a tough month for stocks. The Dow lost 158.84 points, or 0.47% to finish at 33,507.50, led down by Travelers Companies.
SPI Futures up 45 – Resources having a bounce from the lows yesterday, from Lithium to BHP. Bond yields dipped for the first time in a while as the oil price also, finally, dropped a touch.
ASX 200 rallied 24 points to 7049(0.3%) in quiet trade. Holiday in VIC today. Holiday in other States on Monday. China closed too. Miners have been in focus in the last few days, BHP up another 1.2% with RIO and FMG joining the party. Lithium shrugged off its recent depression with PLS up 1.9% and AKE up 2.1%.
The Dow fell 68.61 points, or 0.20%, landing at 33,550.27. Earlier in the session, it was up as much as 112.77 points. The S&P 500 edged up 0.02% to close at 4,274.51, while the Nasdaq Composite added 0.22% to end the session at 13,092.85.
Groundhog Day – Today we look at some of the possible trades that could get us back into the market and out of cash
The ASX 200 dropped another 6 points today to 7025 (0.1%) after an early rally fizzled out. Retail sales were slightly worse than expected and suggest the RBA will be on hold next week.
And so it continues – SPI Futures down 24, Wall St off 400 – the higher for longer message is taking a while to sink in.