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News
The Morning Catch Up: ASX set to rise as Wall Street rebounds, Fed decision looms
9+ hour, 37+ min ago (754+ words) The Australian sharemarket is expected to open modestly higher after easing oil prices helped Wall Street rebound from four consecutive losses. ASX 200 futures were up 18 points, or 0.2%, at 8,747 on Monday. The positive lead follows a difficult week for Australian equities,…...
Dow closes lower as Wall Street falls for fourth straight day
3+ day, 12+ hour ago (829+ words) Wall Street closed lower for a fourth straight session on Thursday as investors digested fresh wholesale inflation data and continued to grapple with rising bond yields and oil prices above $100 a barrel. The Dow Jones Industrial Average fell 317 points, or…...
Dow falls as Treasury yields jump to highest level since 2023
3+ day, 17+ hour ago (564+ words) As the conflict with Iran drags on longer than many expected, LPL's Jeffrey Roach said that inflation pressures are becoming increasingly entrenched, leaving investors in search of a catalyst strong enough to change the inflation narrative. "At this rate, a…...
Wall Street slips for a third straight day as oil and yields climb
4+ day, 12+ hour ago (929+ words) Wall Street extended its selloff on Wednesday, with the Dow Jones Industrial Average falling 440 points as oil prices topped $100 a barrel and Treasury yields climbed to their highest levels in nearly three years. The Dow closed at 52,346, down 440 points, or…...
The Morning Catch-Up: ASX tipped to rebound despite oil nearing US$100
5+ day, 9+ hour ago (724+ words) The Australian sharemarket is expected to rebound modestly after Tuesday’s sharp decline, despite Wall Street retreating as escalating US-Iran hostilities pushed oil prices towards US$100 a barrel. ASX 200 futures were pointing to a gain of 21 points, or 0.2%, at the open....
Dow closes sharply lower as oil surge fuels inflation fears | NYSE:NVS
5+ day, 12+ hour ago (661+ words) US stocks closed sharply lower on Tuesday as surging oil prices revived inflation worries and pushed investors to reassess the outlook for interest rates. The Dow Jones Industrial Average led the selloff, dropping 628 points, or 1.2%, to 52,786. The S&P 500 fell…...
Dow slides as oil nears $100, US-Canada trade tensions escalate
5+ day, 18+ hour ago (253+ words) The Dow Jones led Wall Street lower at the open on Tuesday as rising oil prices and an escalating US-Canada trade dispute added to inflation concerns at the start of the holiday-shortened week. The Dow fell 588 points, or 1.1%, to 52,826, while…...
Dow closes higher as Wall Street breaks September losing streak
1+ week, 4+ day ago (837+ words) Wall Street eked out a modest recovery Wednesday, with all three major indexes finishing higher as a pause in the climb of Treasury yields gave investors some breathing room. The Dow Jones gained 295 points, or 0.6%, to 53,062, while the S&P…...
Dow climbs as oil, inflation concerns keep Wall Street on edge
1+ week, 4+ day ago (420+ words) Wall Street was mixed Wednesday morning as investors weighed escalating US-Iran tensions, elevated oil prices and fresh signs of weakness in the US labor market. The Dow Jones Industrial Average rose 283 points, or 0.5%, to 53,050, while the S&P 500 added 14 points,…...
Wall Street headed into the red, bond markets are twitchy, while oil keeps pushing higher
1+ week, 4+ day ago (143+ words) Wall Street can't shake off the war jitters. Futures are pointing lower again, with the tech-heavy Nasdaq off 0.6%, the S&P down 0.2% and the Dow sitting on the gain line. On the commodities market, Brent punched above $95 a barrel after…...