Today
ASX to surge, Santos attracts two potential suitors
Australian shares are set to rise 0.9pc. Nvidia, Tesla pace S&P 500 and Nasdaq to record closing highs. BHP, Rio rally in New York. Iron ore gains 3.1pc.
- 33 mins ago
- Timothy Moore
Yesterday
ASX to rise, S&P 500 closes above 5500 for first time
Australian shares are set to edge higher. Tesla surges 10pc, Apple also extended its rally. The Fed boss said disinflation is intact in the US.
- Updated
- Timothy Moore
This Month
ASX to slip; US megacap techs rally to start quarter
Australian shares are set to open lower. On Wall Street, Apple, Microsoft and Tesla paced the advance. US bond yields spiked higher. Iron ore, oil were higher.
- Updated
- Timothy Moore
European stocks rise after first round of French vote
France’s blue-chip CAC 40 index jumped 1.1 per cent to lead gains among regional markets. The European banking index had its best day in more than a year.
- Sruthi Shankar and Jesus Calero
Wall Street maps out what a Trump victory would mean for bonds
Strategists are urging clients to position for sticky inflation and higher long-term bond yields.
- Carter Johnson and Michael Mackenzie
Volatility is only certainty for traders parsing French elections
Traders are preparing for another volatile week after Marine Le Pen’s far-right party won the first round of France’s legislative elections.
- Julien Ponthus, Allegra Catelli and Alice Gledhill
June
Wall Street slips, inflation data bolsters rate pivot
Shares in New York fell, with megacap tech hit by a late wave of quarter-end profit taking. Disinflation narrative intact as focus shifts to jobs. Nike plunges.
- Updated
- Timothy Moore
France’s election could trigger market shockwaves, BoE warns
The Bank of England’s alert comes before Sunday’s first round of voting. Polls now show the populist right potentially closing in on a parliamentary majority.
- Hans van Leeuwen
ASX to rise, Wall Street awaits Fed’s preferred price data
Australian shares are set to open modestly higher, in line with gains in New York. Amazon extends rally. Fed to slash rates this year and next, says Pantheon.
- Updated
- Timothy Moore
ASX to drop; Amazon, Apple and Tesla pace Wall Street higher
Australian shares are set to tumble more than 1pc. Iron ore rallied 3.2pc. Micron disappoints and slides after hours. US banks pass Fed’s annual stress test.
- Updated
- Timothy Moore
ASX to fall, Nvidia rebounds as investors buy the sell-off
Australian shares are set to open lower; oil and gold fell. Nvidia rallies 6.8pc. Bitcoin briefly recovers $US62,000 level. Monthly CPI indicator awaited.
- Updated
- Timothy Moore
Ex-Magellan stock pickers partner with Bennelong to launch new fund
Kris Webster and Michael Poulsen each spent more than a decade at the investment firm before finally setting up their own shop last year.
- Joshua Peach
ASX to rise, Nvidia rout gathers momentum
Australian shares are set to open higher. Oil retakes $US86 a barrel. Nvidia sheds 6.7pc. Bitcoin tumbles near 8pc, trading below $US59,000. S&P 500 slips.
- Updated
- Timothy Moore
S&P 500 slips, Nvidia paces semiconductor slide
The S&P 500 ended modestly lower as semi stocks pared some of their advance. BofA broadly positive on China’s economic outlook.
- Updated
- Timothy Moore
ASX to rise, S&P 500 struggles near record highs
Australian shares are set to edge higher as futures reversed direction. Nvidia, Apple and Tesla pulled back, dragging on the Nasdaq. S&P 500 briefly tops 5500.
- Updated
- Timothy Moore
ASX to slip, European stocks mostly lower
Australian shares are set to open modestly down. Wall Street was closed for a federal holiday. Bank of England expected to keep rates steady.
- Updated
- Timothy Moore
ASX to slip, Nvidia takes market-cap title
Australian shares are set to open modestly lower. Nvidia extended its rally, while Microsoft and Apple pulled back. US consumers slow down.
- Updated
- Timothy Moore
ECB, Le Pen call for calm on turmoil-hit French markets
France’s stock and bond ructions eased after the European Central Bank counselled calm, and Marine Le Pen sought to reassure spooked investors.
- Updated
- Hans van Leeuwen
ASX to rise, Tesla and Apple pace techs higher
Australian shares are set to open up with the RBA’s policy decision in focus. Nasdaq leads Wall Street advance. S&P 500 has 30th record close of 2024.
- Updated
- Timothy Moore
Wall St slips as French political crisis deepens
The S&P 500 was modestly lower in afternoon trading. European shares fell further amid a resurgent far-right. Bitcoin drops.
- Updated
- Timothy Moore