This Month
Nvidia reaches $US2 trillion mark, S&P 500 tops 5100
US shares ended mixed after a choppy session which saw early gains fade. Goldman, Capital Economics now see June, not May, as start for rate cuts.
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- Timothy Moore
Nvidia surges 16.4pc, sparking global AI-inspired rally
Australian shares are set to open higher. Nvidia added $US277b to its market value and helped pace the S&P 500 to yet another record high.
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- Timothy Moore
ASX to fall, Wall Street braces for Nvidia’s quarterly results
The S&P 500 turns late to edge up. Nvidia reports results after New York’s closing bell. TD sees Fed pivot to rate cuts in May.
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- Timothy Moore
ASX to fall, Nvidia drops as profit taking hammers Nasdaq
Australian shares are poised to open lower, following losses in New York. BHP, Rio shares drop in line with spot iron ore as China demand lags.
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- Timothy Moore
ASX to open flat with BHP poised to report
Australian shares are set for a muted open with US markets closed for Presidents’ Day. Iron ore fell. Earnings, RBA minutes pending.
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- Timothy Moore
Wall St closes lower at end of ‘wild week’
The Nasdaq paced losses heading into a three-day break, after producer prices rose much faster than expected last month, further dashing rate cut hopes.
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- Timothy Moore
ASX to rise, data bolster case for June quarter rate cut
Australian shares are set to open higher, as commodities rebounded. Japan, UK and US data signal weakness. Dow paces Wall Street advance.
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- Timothy Moore
ASX to rise, Wall St rebounds as volatility eases
The S&P 500 finished back above the 5000-point mark. Nvidia overtook Alphabet. Lyft surged, Uber rallied. Bitcoin briefly topped $US52,000.
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- Timothy Moore
Wall St drops as rate cut seen deferred
Australian shares are set to drop 1.2pc. The dollar slid 1.2pc. Dow sheds 525 points. S&P 500 below 4955. US CPI data clouds rate outlook.
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- Timothy Moore
ASX to rise, S&P 500 rally hits a wall
Australian shares to open higher. Early gains in New York fade as the session progresses. US CPI awaited. Bitcoin tops $US50,000.
- Updated
- Timothy Moore
S&P 500 closes above 5000 for the first time
The US benchmark reset both its record high and record closing high, helped in part by yet another advance in the Magnificent Seven tech stocks.
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- Timothy Moore
ASX to slip, S&P 500 briefly tops 5000
Australian shares are set to edge lower after Wall Street’s rally, at least temporarily, lost upward momentum. Arm surges, Paypal drops. Bitcoin tops $US45,000.
- Timothy Moore
ASX to edge up as S&P 500 reaches for 5000 points
Australian shares are pointing to a modest opening advance, with Wall Street rallying after solid demand for a record auction of US 10-year notes.
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- Timothy Moore
ASX to rise, S&P 500 hovers near highs
Australian shares are set to open higher. US equity strategists diverge. Amcor, BWP Trust, Centuria Industrial REIT, Cettire results pending.
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- Timothy Moore
ASX to drop as yield surge, McDonald’s hit Wall St
Australian shares are set to open lower. The Dow is pacing losses in New York. Meta eases. Nvidia extends rally. RBA decision at 2.30pm.
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- Timothy Moore
Meta, Amazon power S&P 500 to another record high
Shares of Meta Platforms leapt 20pc, pacing the NYSE Fang + Index 4.9pc higher and after January’s jobs data further hammered rate cut expectations.
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- Timothy Moore
ASX to rise, mega-cap techs power Wall Street rebound
Australian shares are set to open higher. Apple, Amazon, Meta and Atlassian to report after 8am AEDT. US bond yields retreat.
- Timothy Moore
ASX to fall, Powell dashes March rate cut hopes
Australian shares are set to open sharply lower in line with a sell-off in New York. Alphabet paces mega-cap tech drop. $A slides.
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- Timothy Moore
January
ASX to edge up, Wall St fluctuates ahead of Microsoft, Alphabet
Australian shares are set to open up, held back by weakness in New York. Job openings data leads to US rate cut repositioning.
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- Timothy Moore
ASX to rise, S&P 500 rallies as yields slide, oil eases
Australian shares are set to open up. The US Treasury unexpectedly cut its estimate for federal borrowing for the current quarter. December retail sales ahead.
- Updated
- Timothy Moore
