Wall St finished higher on Friday, buoyed by a rise in energy stocks. The Dow closed 76 points higher (+0.22%). Up 127 points at best. Down 27 points at worst, while the S&P 500 and the Nasdaq added 0.1%, helped by gains in Apple +0.3%, sapping a two-day losing streak. China’s inflation data came out over the weekend. CPI rose by 0.1% YoY in August, lower than expectations of a 0.2% gain following the first drop in over two years of 0.3% in July. Not of huge import, markets care for PMI and industrial figures from China. ASX to edge higher at the opening bell; SPI Futures up 4 points (+0.06%). The ASX 200 was down 121 points last we
Very quiet day – no trend, no action. We’re hoping the CPI number on Wednesday kicks something off but its wishful thinking. We are in the seasonally dullest 4 months of the year and they are certainty living up to that reputation this week.
I was complaining yesterday that there was nothing going on. This morning the SPI Futures…
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OVERNIGHT TABLE GLOBAL STOCKS US SECTORS ON THE CALENDAR Reporting season ended last week. A handful…
US markets closed mixed overnight. The Dow edged higher 58 points (+0.17%) supported by a…
LTR holding above 300c as Gina Reinhart is thought to be taking her stake from…
SUMMARY The Apple Ban – moment or trend? I think it's a moment. Macquarie…
The ASX fell 14 points to 7157 (-0.2%) in an uneventful day of trade. For the week,…
ASX to edge up, Apple drags Wall Street lower – AFR – Stocks fall with Apple, dollar rises after U.S. data. S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters. China’s widening iPhone curbs roil US technology sector. Apple down 8.65% in three days, 2.9% overnight, but 2.3% off its low. Apple’s high valuation exposes it to China’s whims.