dow jones – Page 2 – The Inside Adviser

Major Banks and Iron Ore Miners bolster the S&P/ASX200 on Tuesday.

September 12, 2023 by Drew Meredith

The S&P/ASX 200 finished the day higher, up 0.5 percent after initially falling by 0.2 percent earlier in the trading session. The broader All Ordinaries also rose by 0.4 percent. On Monday, the Australian...

Iron ore hits market (ASX:XJO), AMA tumbles on raising, Platinum remains under pressure

September 11, 2023 by Drew Meredith

Both benchmarks weakened into the close, as both the S&P/ASX200 (ASX:XJO) and All Ordinaries (ASX:XAO) fell 0.2 per cent on Friday. The weakness was driven by the materials sector, which...

Market (ASX:XAO) sinks despite GDP data beat, oil rallies on supply cuts

September 7, 2023 by Drew Meredith

The local share market weakened again on Wednesday, with the All Ordinaries down 0.7 and the S&P/ASX 200 (ASX:XJO) falling 0.8 per cert as seven sectors fell by more than...

ASX (ASX:XAO) down on RBA, GDP outlook, Origin, Qantas struggle

September 6, 2023 by Drew Meredith

The local share market closed broadly flat on Tuesday, with both the S&P/ASX200 (ASX:XJO) and All Ordinaries falling 5 and 9 points respectively. The primary culprit was a weakening utilities...

Firming iron ore steels Australian market

March 3, 2023 by James Dunn

Rising iron ore prices helped mining heavyweights BHP Group, Rio Tinto, Fortescue Metals and Mineral Resources on Thursday, and in turn that helped to push the major indices higher. The benchmark S&P/ASX200 index finished Thursday up...

China optimism surge sparks miners

March 2, 2023 by James Dunn

Optimism for mining stocks battled a downturn in the big banks in deciding the direction for the Australian share market on Wednesday, with the banks prevailing just enough to see...

Retail rally points to rising rates

March 1, 2023 by James Dunn

Australian retail sales rebounded in January as household spending defied inflation and higher borrowing costs, strengthening the case for the Reserve Bank to keep raising interest rates, and run a "higher for...

Australian market struggling for energy

February 10, 2023 by Drew Meredith

The benchmark S&P/ASX 200 Index fell 39.8 points, or 0.5 per cent on Thursday to 7490.3; while the broader All Ordinaries index dropped 44.7 points, or 0.6 per cent, to 7695.8. Energy was in the...

Newcrest, Nuix provide market highlights

February 9, 2023 by Drew Meredith

The benchmark S&P/ASX200 index on Wednesday advanced 26 points, or 0.4 per cent, to 7,530.1, while the broader All Ordinaries closed 27.4 points to the good, also 0.4 per cent, at 7,740.5. Goldminer Newcrest added another 65...

Inflation jumps to 33-year high

January 27, 2023 by Drew Meredith

Australian shares ended a five-day winning streak on Wednesday, and the Aussie dollar rose, after the markets learned that inflation in Australia had risen to its highest point since 1990,...

Miners motivate market

January 25, 2023 by Drew Meredith

Upgrades in expectations for lithium price growth helped to lift the Australian sharemarket on Tuesday, driving a strong day for miners. Broker UBS lifted its lithium price forecast as much...

BNPL back in town

January 24, 2023 by Drew Meredith

The S&P/ASX 200 continued its strong early-2023 form on Monday, advancing 5.1 points, or 0.1 per cent, to a fresh nine-month high of 7457.3 points. The broader All Ordinaries index added 7.9 points to...

ASX hits April highs, energy, materials gain, mixed results for lithium stocks

January 23, 2023 by Drew Meredith

The local market managed to finish what appeared a mixed week on a positive note, gaining 0.2 per cent. Powered by the energy and materials sectors, up 1.4 and 0.9,...

Tepid jobs data eases rate fears

January 20, 2023 by Drew Meredith

The local share market advanced to a fresh eight-month high on Thursday after weaker-than-expected jobs data showed the Australian economy slowing, raising expectations for less aggressive rate hikes from the Reserve...

Market limps to eight-month high

January 19, 2023 by Drew Meredith

It was a mixed day on the local market on Wednesday, with six of the 11 sectors higher, and the upshot being a 0.1 per cent rise in the benchmark S&P/ASX...

Market mulls mixed China data

January 18, 2023 by Drew Meredith

A better-than-expected performance by China's economy in the December quarter was not enough to inspire the Australian stock market on Tuesday, perhaps overshadowed by a data release showing a fall in China's...

Strong start to 2023 continues

January 17, 2023 by Contributor

The Australian shares benchmark gained 60.1 points, or 0.8 per cent, on Monday to reach its highest level in nine months, at 7,388.2 points. The S&P/ASX 200 has had a good start...

Energy drives ASX higher, Mineral Resources bid, Fletcher takes a hit

December 19, 2022 by Drew Meredith

The local bourse couldn't manage a positive week, with a negative lead from Wall Street and renewed rhetoric around rate hikes impacting on sentiment. The S&P/ASX200 finished down 0.8 per cent with energy and...

Weaker Chinese data, aggressive Fed floor local stocks

December 16, 2022 by Drew Meredith

The Australian share market struggled on Thursday, with sentiment hit by a weaker-than-expected economic update out of China, and an aggressive statement from the Federal Reserve saying that at least 75 basis...

Aussie market rises across the board

December 15, 2022 by Drew Meredith

Local stocks enjoyed a positive lead-in from Wall Street, after the US consumer inflation figure rose 7.1 per cent in the year to November, less than economists had expected and down...