SUMMARY All in – For now! I have the conch! WBC Results. Dividend 72c and…
ASX 200 is up 21 points in cautious trade ahead of the RBA tomorrow. Banks are firm and WBC results helping with the stock up 3.6% on a $1.5bn buyback and a $7.2bn profit. MQG giving back some of its gains fro
ASX 200 rose 19 points to 6998 (0.3%) in cautious trade ahead of the RBA tomorrow. Banks were firm and WBC results helping with the stock up 2.0% on a $1.5bn buyback and a $7.2bn profit
US equities gained Friday as bond yields fell after US jobs data, which showed signs of slowing growth and an uptick in unemployment.
ASX 200 is up 19 points to 6998 (0.3%) in cautious trade ahead of the RBA tomorrow. Banks
Macquarie has released first half-year earnings this morning which have fallen short of expectations. The results are not terrible but not great. We are hardly dazzled but won’t go against the market. Buying in the One Stock Portfolio with a watchful eye.
US equities rose sharply higher overnight, a day after the Fed hinted it may be done with interest rate hikes and a batch of upbeat quarterly earnings updates added to the bullish sentiment. The Dow ended near best levels, up 565 points (1.70%). Dow traded higher all day, with a high of +578 points and a low of +175 points. The S&P 500 posted its fourth consecutive gain and its biggest one-day percentage gain since April, up 1.89%.
The Fed have fired the Starters Gun – We are back in the market after 120 days in cash