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Why 2024 is shaping up like 2023 for stocks and bonds; ASX 200 rebounds

For stocks and bonds, 2024 is in some ways shaping up like 2023, which begs the question: has the market stopped listening to Fed chair Jerome Powell?

David Rogers, Valerina Changarathil and Megan Neil
March jobs data and corporate updates on investor radars. Picture: Gaye Gerard
March jobs data and corporate updates on investor radars. Picture: Gaye Gerard
less than 2 min read
6:01AMApril 18, 2024.
Updated 6:00PMApril 18, 2024
The Australian Business Network

Welcome to the Trading Day blog for Thursday, April 18. The ASX 200 index closed 0.5 per cent higher at 7642.10 points, ending a five-day losing streak. For stocks and bonds, 2024 is in some ways shaping up like 2023, which begs the question: has the market stopped listening to Fed chair Jerome Powell?

The Aussie dollar is near US64.51c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-may-rise-bhp-production-update-star-inquiry-march-jobs-data-ahead/live-coverage/7c7c7428300e130c85532c27545e3f9d