All major US indexes closed sharply in the red overnight, ending near worst levels, losing more than 1% each as profit-taking weighed on shares. Dow Jones down 374 points (-1.08%). Dow at best up 222 points. Dow at worst down 379 points. S&P 500 finished below the 4400 level, down 1.35%, and the NASDAQ lost…
ASX 200 finished the week down 67 points to 7115 (0.9%). Down 33 points for the week. Results the focus.
US markets ended sharply higher, ending just off best levels, their biggest gain in nearly two months fuelled by weak PMI data across both the US and Europe, bolstering expectations that central banks would halt interest rate hikes to avert a recession. The Dow Jones rose 184 points (+0.54%). Dow at best up 246 points.…
ASX 200 rose 34 points to 7191 (0.5%). A solid grind higher with banks in demand.
Wall Street ended mostly lower overnight, ending just off worst levels. Dow down 175 points (-0.51%). Dow at best up 50 points. Dow at worst down 207 points. S&P 500 extended its August slide down 0.28%, weighed down by banks as S&P Global Ratings joined Moody’s in cutting some US lenders’ ratings amid a “tough”…
US equities closed mixed overnight. Dow down 37 points (-0.11%). Up 70 points at best. Down 252 points at worst. NASDAQ up 1.56%, while the S&P 500 rose 0.69% mostly driven by Nvidia +8.5% as HSBC raised its price target for the stocks and Tesla +7.3% recovering some of last week’s losses following news of more price cuts in China. Financial markets remain relatively subdued,…
ASX 200 rose 6 points to 7122 (0.1%) as results continue to dominate. ‘Do not disappoint’ is the mantra.
US markets closed out the week mixed on Friday, with the Dow up 26 points (+0.07%). Up 112 points at best and down 212 at worst, snapping losses in the last four sessions. Meanwhile, the S&P 500 was flat, and the NASDAQ fell 0.2%. ASX to slip at the opening bell; SPI Futures down 23…
ASX 200 dropped 33 points to 7116 (0.5%) as results dominated. Banks slid on WBC NIM woes down to $170.88 (-0.9%) for the basket.
