nasdaq today

It ends at seven, ASX falls 0.3%, Bank of Queensland surprises, US falls offering weaker lead The ASX 200 (ASX:XJO) couldn’t keep its unbeaten run going, falling 0.3% on Wednesday, overcome by a combination of factors.  The materials sector was among the biggest detractors, falling 0.9% after the unexpected announcement overnight that Chinese steel mills were ordered…

Seventh heaven, China bans coal, Telstra (ASX:TLS) dividend boost, US markets fall The ASX 200 (ASX:XJO) reached its highest point in seven months, passing 6,200 points after improving 1.0% on Tuesday. This takes the rally to seven straight days with all sectors except materials finishing higher. The financial sector continues to outperform as economic conditions…

Markets have strongest week in months, ASX up 5.4%, S&P 500 up 3.9%, stimulus on again The ASX 200 (ASX:XJO) delivered its strong week since April, finishing 5.4% higher despite finishing flat on Friday. It was a similar story in the US, with the S&P 500 adding 0.9% on Friday and 3.9% for the week. The…

Longest winning streak since July, go slow at Transurban (ASX:TCL), Zip (ASX:Z1P) up 9%, US markets continue to creep higher The ASX 200 (ASX:XJO) has delivered its longest winning streak since July, finishing 1.1% higher as the budget stimulus continues to reverberate through markets. The announcements have been well received by the corporate sector, despite several shortcomings….

ASX budget bounce, a long list of winners, IPOs closing in, US markets hit one month high The ASX 200 (ASX:XJO) overcame a weak lead form the US to deliver its strongest budget bounce since 2002, jumping 1.3%. It will likely take several weeks to digest the true implications of this budget, particularly those sectors that…