End Of Day Podcast Thursday
The ASX 200 closed flat, up 1 point to 7325, after jumping over 50 points in early trade before unemployment data dampened the market’s mood.
The ASX 200 closed flat, up 1 point to 7325, after jumping over 50 points in early trade before unemployment data dampened the market’s mood.
All major US indices were up overnight, boosted by stronger-than-expected earnings results from heavy-weight banks and AI stocks.
ASX 200 up 40 points to 7324 (0.6%) in quiet trade again. Lacking conviction. Narrow range and once again banks leading the way higher.
US markets rallied over the possibility the Federal Reserve may soon conclude its rate-hiking campaign, while China’s economic data came in softer than expected.
US markets closed out the week mixed on Friday as the US Q2 reporting season kicks off. Dow Jones up 114 points on Friday (+0.33%).