ETFS last week
These tables show you last week’s ETF performance.
Pre-Market Report Friday
All three major US Indexes finished lower overnight after a choppy trading session as US bond yields hit nine-month highs and the dollar dipped following a US credit downgrade. Dow Jones fell 67 points (-0.19%). Dow at best up 66 points. Dow at worst down 160 points. S&P 500 posted its third straight decline, down…
Midday Report Friday
MARKET AT MIDDAY The ASX 200 is up 3 points to 7315 (+0.1%) experiencing a hesitant start due to mixed performances across the market. Energy gained as Saudi Arabia extends production cuts. Woodside Energy +1.3%, Karoon Energy (KAR) +3.5%. The market has seen a sell off this week triggered by a US credit rating downgrade and a surge in US Treasury yields, impacting the ASX's performance.…
End Of Day Report Friday
ASX 200 closed up 14 points to 7325 in a late surge. For the week the index dropped 1.1%. Banks held steady despite the ACCC knocking back the ANZ/SUN deal, The Big Bank Basket relatively unchanged at $177.25. MQG was slightly better up 0.8%, but REITs hit hard once again as 10-year yields continued to…
Midday Report Thursday
MARKET AT MIDDAY The ASX 200 is down 33 points to 7321 (-0.5%), getting hit for a second day, off the lows on trade numbers. More muted reaction to the drop on Wall Street due to Fitch's recent credit rating downgrade of the US and rising Treasury yields, which negatively affected sentiment. The tech sector leading the downturn…
End Of Day Report Thursday
ASX 200 closed down 43 points to 7312 (-0.6%), sliding for a second straight session, tracking losses on Wall Street overnight. Tech led the laggards today, XRO -2.7%, REA -0.8% SQ2 -1.9%. All-Tech index down 1.0%. Iron ore miners slipped, tracking the softening price in Asia. BHP down 1.2%, RIO off 1.7% and FMG down…
Pre-Market Report Thursday
US markets were lower overnight, ending near worst levels, following hot labour market data and a ramp-up in treasury issuance just a day after a US credit downgrade by Fitch. Dow Jones down 348 points (-0.98%). Dow at worst down 404 points. S&P 500 notched its worst day since April, down 1.38%. Tech-heavy NASDAQ off…
Pre-Market Report Wednesday
Wall Street closed mostly lower overnight in an uneventful session as the latest slew of corporate results came in mixed. The Dow Jones rose 71 points (+0.20%). Up 120 at best. Down 33 at worst. Meanwhile, the S&P 500 and NASDAQ dipped by 0.27% and 0.43%, respectively. US treasury yields rose, with the 30Y paper…
Midday Report Wednesday
ECONOMIC & OTHER NEWS In July 2023, the Ai Group Australian Industry Index fell to -14.7, continuing its contraction for a 15th month. Employment, new orders, and activity/sales declined, with manufacturing and construction sectors experiencing significant downturns. The Australian dollar declined 1.5% to 66.14 US cents following the Reserve Bank's decision to maintain the cash…