This Month
Wall Street edges higher as July’s CPI report awaited
US shares posted modest gains in choppy trading. Larry Summers called for a regulator review of Monday’s VIX spike. Bitcoin hovers near $US60,000.
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- Timothy Moore
Why this week’s market drama may be only halfway done
A week of immense panic on global markets has ended with an uneasy calm and big questions about what comes next.
- James Thomson
ASX to rise, Wall St rallies as recession fears fade
Australian shares are set to open 1.1pc higher. US jobless claims data eases outlook worries. Gold above $US2400/oz. Oil eyes $US80/bbl. Bitcoin reaches for $US60,000.
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- Timothy Moore
ASX to slip, Wall St’s rally falters as volatility persists
Australian shares are set to edge down. US stocks reversed early gains as crosscurrents continue and volatility persists. Bullock speech at midday.
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- Timothy Moore
ASX to slip, Wall St rises as dip buyers emerge after rout
Australian shares are set to open lower on late New York pullback. Meta, Nvidia pace tech. VIX falls below 27. US 10-year yield rises. Bitcoin bounces.
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- Timothy Moore
ASX rebounds after global rout; Woodside shares tumble
Shares advance at the closing bell; US futures bounce back; Treasury Wine flags impairment; Coronado revenue slumps 10 per cent; Bullock says rate cut not on the agenda in 2024. Follow updates here.
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- Timothy Moore, Joanne Tran, Joshua Peach, Cecile Lefort and Sarah Jones
US equities drop as buyers hold back
The pace of selling gathered momentum as the session progressed in New York, as moves to pare losses proved fleeting.
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- Timothy Moore
Atlassian falls 17pc as US jobs data flashes recession risk
All three US equity benchmarks fell after July’s jobs report missed expectations and triggered worries the Fed is behind the curve in shifting to rate cuts.
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- Timothy Moore
US stocks plunge, BoE cuts rates
Shares closed sharply lower in New York after data pointed to slower growth. Earlier, the Bank of England from a 16-year-high.
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- Timothy Moore
ASX to rise, Nvidia surges higher, Fed holds
Australian shares are set to rise. Techs mostly rebounded, paced by Nvidia’s near 13pc gain. Meta beats with quarterly results. US oil price leaps 5pc.
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- Timothy Moore
July
ASX to rise, Microsoft drops after results disappoint
Australian shares are set to open higher. Techs hit as nerves fray, dragging S&P 500 and Nasdaq Composite lower. Dow advances.
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- Timothy Moore
ASX to fall as oil slides, S&P 500 edges higher in choppy trade
Australian shares are set to open lower. Commodities struggle to catch a bid. Tesla gets Morgan Stanley lift. S&P, Nasdaq pare early gains. Crude below $US80.
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- Timothy Moore
ASX to rise, Wall St’s rally proves fleeting
Australian shares are set to recoup some of Thursday’s losses. The US economy expanded faster than expected in the June quarter. Atlassian surges higher.
- Timothy Moore
ASX to drop, Nasdaq falls the most since October 2022
Australian shares are set to open lower. Nasdaq Composite sheds 3.6pc as Tesla tumbles 12.3pc, pacing heavy selling among magnificent seven. Nvidia drops 6.8pc.
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- Timothy Moore
ASX to rise; Tesla misses, Alphabet slightly beats expectations
Australian shares appear set for a modest opening advance. Tesla shares fell in extended trading. Alphabet gets Cloud boost. Oil slides again. Bitcoin slumps.
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- Timothy Moore
ASX to rise, S&P 500 rebounds on Nvidia, Tesla
Australian shares are set to open higher as US investors opted to buy after last week’s tech-paced sell-off. Commodities slip.
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- Timothy Moore
ASX to tumble, Wall St extends losses
Australian shares are set to drop more than 1pc at the open. US stocks reversed early gains though Nvidia rebounded. Volatility leaps to three-month-high.
- Timothy Moore
ASX to fall, Nasdaq tumbles as semiconductor stocks plunge
Australian shares are set to open lower. The tech-heavy Nasdaq Composite shed 2.8pc amid a sell-off in semiconductor stocks. Nvidia shed 6.6pc.
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- Timothy Moore
ASX to rise, Dow gains as rally broadens, yields ease
Australian shares are set to open higher. Dow rises 743 points or 1.9pc; UnitedHealth surges. Trump would keep Powell, sees 60-100pc tariffs on Chinese imports.
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- Timothy Moore
ASX to slip, Wall St extends its rally on ‘Trump trade’
Australian shares are set to edge lower. All three US benchmarks advanced to start the week. Goldman’s profit doubles. Bitcoin lifts, boosting Tesla.
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- Timothy Moore
