Pre-Market Podcast Tuesday
US markets finished a choppy session higher on Monday. The Dow edged higher, up 26 points (+0.07%).
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Midday Report Tuesday
MARKET AT MIDDAY The ASX 200 is up 50 points to 7327 (+0.7%) boosted by strong performances from healthcare giants CSL and Cochlear. The healthcare sector surged over 3.6%, largely attributed to Cochlear (COH), gaining 6% as it revealed a 4% increase in statutory profits, totaling $301m. CSL also contributed, advancing 4.3% after declaring a 10% surge in full-year underlying profits to $4bn. National Australia Bank (NAB)…
End Of Day Report Tuesday
ASX 200 rallied 28 points to 7305 (+0.4%) as results dominated today. Big names hitting the boards, CSL, COH, and NAB trading update. The banks were solid but unspectacular with the Big Bank Basket rising to $179.26 (+0.1%) after NAB quarterly update. NAB up 1.3% on a new buyback. Insurers bounced back on higher yields…
Pre-Market Report Monday
US markets experienced a general decline last week as they absorbed fresh inflation data and evaluated the future trajectory of the Fed's interest rates. The Dow increased by 105 points (+0.30%) on Friday reaching its peak with a gain of 179 points, but also experienced a low point with a decline of 116 points. The S&P 500 registered a slight…
Midday Report Monday
MARKET AT MIDDAY The ASX 200 is down 30 points to 7310 (-0.4%) starting the week on a weaker note, with the opening 0.4% lower, influenced by losses in the industrial and financial sectors. Lithium stocks getting hit Pilbara Minerals (PLS) -4.3%, Mineral Resources (MIN) -1.7%, Allkem (AKE) -2%, and Liontown Resources (LTR) -0.4%. Beach Energy (BPT) fell 3.6% due to a 24% decrease in full-year profit, while Aurizon (AZJ) dropped 2% as…
End Of Day Report Monday
ASX 200 fell 63 points to 7277 (-0.9%) as more Chinese woes hit confidence and iron ore losses mount in Asian trade. The big miners slid, BHP down 2.1% and FMG off 1.8%, with lithium stocks under pressure, PLS down 6.0%, and AKE dropping 3.9%. Base metal stocks eased too with gold miners holding in…
Weekly Charts
These are our Weekly charts covering the Markets and Sectors – they give you a feel for the “Tide” and the undercurrents.
Pre-Market Report Friday
US equity markets finished slightly higher overnight as inflation concerns eased, well off highs., Dow Jones up 53 points to (+0.15%). Up 455 points at best. Down 16 points at worst. S&P 500 muted, up 0.03%, and the NASDAQ gained 0.12%. US treasuries firmed. 30Y yields climbed after a US$23bn auction was awarded the highest rate since 2011. 2Y yields reversed an earlier slide…