SUMMARY SPI Futures down 37 on yet another bond yield rise. Just cannot get this 'Peak Rates' Narrative to stick. Get your kids to like me. Buying a stock in a Sentiment Hole. BHP ex-dividend today. Focus on next week's CPI number. Having a look at Macquarie later. On the ABC TV this morning around…
Markets in limbo as bond yields refuse to drop. Focus moves to the US CPI number next Wednesdsay.
Wall Street closed lower overnight, with all three major indices in the red pressured by rising bond yields and higher crude oil prices. Dow finished near worst levels, down 196 points (-0.56%). Dow at best up 34 points. Dow at worst down 202 points. The S&P 500 lost 0.42%, the Nasdaq edged lower, down 0.08%,…
ASX 200 fell 57 points to 7257 (-0.8%), falling for a second consecutive day with almost all sectors in the red. Energy outperformed again as oil prices continue to rise over worries about a supply shortage after Saudi Arabia and Russia extended their voluntary supply cuts to the end of the year. WDS up 1.3%, COE jumped…
US markets closed overnight for Labor Day holiday. European markets lower across the board, letting go of earlier gains as optimism around China’s property market stimulus ebbed. Europe’s STOXX 600 finished flat, down 0.04% after rising as much as 0.8% in early trade, touching a near four-week high. However, mining, travel, and consumer sectors with…
The ASX 200 fell 5 points to 7314 (-0.1%), trading lower all day, lacking direction from overseas.
US markets closed out the week mixed on Friday following jobs numbers. Dow up 116 points (+0.33%). S&P 500 up 0.18% and NASDAQ flat.
The ASX 200 closed 41 points up to 7319 (+0.%), letting go of earlier gains as economic data dampened the mood.
Wall Street finished mixed overnight. The Dow Jones finished 168 points lower (-0.48%). Dow at best up 180 points. Dow at worst down 170 points. S&P 500 snapped a four-day winning streak, down 0.16%, while the NASDAQ rose 0.11% up for its fifth straight session. All three major US indices were down in August, Dow…
