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…
SPI Futures are down 37 but the market is down 73 – BHP ex-dividend – the US drop follows a 3.6% fall in Apple and another rise in bond yields on the back of hotter-than-expected ISM Services numbers. Hmmm. Just can’t seem to get this “Peak Rates” narrative to stick. Our ideas portfolio will look a bit dented this morning as the NASDAQ drops 0.88%.
The ASX 200 traded lower all day, closing down 86 points to 7171 (-1.2%). It was a sea of red today, with all 11 major sectors finishing lower. Miners weighed heavily on the market, with BHP ex-dividend (125c) and down 5.2% (239c) and the other iron ore giants RIO and FMG losing 2.5% and 2.3% each. Energy stocks were mixed, STO and WDS down over 1%, while BPT and STX rose 1.6% and 2.6%, respectively. Gold was mostly down, NST -1.4% and NCM off 0.4%, but CHN bounced 7.9% on broker upgrades although some of them have a corporate responsibility. Lithium was sold off, but LTR mysteriously ralli
The ASX 200 traded lower all day, closing down 86 points to 7171 (-1.2%). It was a…
The ASX 200 traded lower all day, closing down 86 points to 7171 (-1.2%). It was a…
SUMMARY SPI Futures down 37 on yet another bond yield rise. Just cannot get this…
US markets closed lower overnight, with the Nasdaq’s 1.06% loss leading the declines as US treasury yields rose, pressuring tech stocks.
SMALL CAP NEWS Albermarle hopes to close out their bid for Liontown Resources (LTR) by…
The ASX 200 traded lower all day, closing down 86 points to 7171 (-1.2%). It was a…