END Of DAY Report

The ASX200 rose 20 points to 7035 this afternoon as an inflation optimism rally faded. Technology was the stand-out, gaining all day on hopes the RBA will halt rate rises next year. WTC, XRO and NXT up 2%, 2.9% and 1.4%. Discretionary spending, REITs and Gold sectors also rallied in a similar vein. WES, JBH,…

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Pre-Market Report – Quiet Trading Continues

US markets started the week lower taking a post-thanksgiving pause as the shopping season kicked into high gear with Cyber Monday deals. The Dow Jones finished near worst levels, down 57 points (0.16%). Up 20 points at best. Down 110 points at worst. S&P 500 slipped 0.2% but still hovering near technically “overbought” levels, and…

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