nasdaq – Page 8 – The Inside Adviser

Markets weaken on threat of recession, commodities, energy tank, Vicinity upgrades

June 21, 2022 by Drew Meredith

The local market open on an unexpectedly positive tone but ultimately finished 0.6 per cent lower as commodity and energy prices fell across the board.The selloff in energy and materials...

ASX caps worst week in two years, Humm deal off, oil falls

June 20, 2022 by Drew Meredith

The local market capped its worst week since March 2020 falling 1.8 per cent on Friday and dragging the S&P/ASX200 down 6.6 per cent for the week.This followed a 4.2...

ASX sinks to another loss, Link tanks on competition concerns, NZ contracts

June 17, 2022 by Drew Meredith

Australian shares were as much as 1.1 per cent higher during Thursday's session following the Federal Reserve decision to hike interest rates by 0.75 per cent, but ultimately finished 0.1...

Markets suffer worst drop since pandemic began, ASX enters correction, Polynovo a rare winner

June 15, 2022 by Drew Meredith

Anyone keeping up with the news overnight is aware of the headlines. $88 billion lost in a single day, market crumbles, stocks tank; there will be no lack of hyperbole...

ASX falls in worst week since 2020, Atlas bid, Douglass returns

June 14, 2022 by Drew Meredith

The local market was pushed lower by the global turnaround in interest rates with the S&P/ASX200 falling 1.3 per cent to finish the week.Every sector was lower, led by property,...

Banks lead market lower

June 10, 2022 by Drew Meredith

The struggles of the big banks and mortgage lenders in the wake of this week's rate rise continued on Thursday, with the financials sub-index losing 2.2 per cent and helping...

Yellow glow on ASX. Banks bomb out. US indices lower, energy up.

June 9, 2022 by Drew Meredith

Yellow glow on ASX Resources came to the rescue on the Australian share market on Wednesday, with surging uranium and oil and gas stocks more than compensating for a shocker from...

Market falls on 50 basis point rate hike, confidence slips, every sector weaker

June 8, 2022 by Drew Meredith

The Australian sharemarket was on hold ahead of the RBA's latest board meeting and interest rate decision. A somewhat unexpected 0.50 per cent increase in the cash rate to 0.85...

US inflation bumps market higher, technology boom, AGL capitulates

May 31, 2022 by Drew Meredith

The weakest monthly inflation print in close to two years offered the best possible backdrop for the local market on Monday, with the S&P/ASX200 gaining 1.5 per cent.Technology was the...

ASX defies gravity, energy and retailers push market higher, Appen tanks

May 30, 2022 by Drew Meredith

The local market delivered a strong finish to the week, gaining 1.1 per cent on the back of a strong global lead.The primary driver was a weakening of the rhetoric...

Appen left at the altar. Market heads lower. Good week continues for US markets.

May 27, 2022 by Drew Meredith

Appen left at the altar A bizarre blink-and-you-missed takeover approach came and seemingly went for one of the local market's tech leaders Appen, which develops the datasets for machine learning and...

Aussie market creeps higher. US markets lift.

May 26, 2022 by Drew Meredith

Aussie market creeps higher Despite a steady diet of news of war, global slowdowns, China lockdowns, inflation and higher rates, the Australian share market managed to rise on Wednesday, as measured...

China sniffles hurt market. Tech weakens Wall Street, Dow holds up

May 25, 2022 by Drew Meredith

China sniffles hurt market The Australian share market was weighed down on Tuesday by concerns that COVID-19 lockdowns have hurt economic growth in China, the benchmark S&P/ASX 200 index finished...

Election, what Election? Codan, Elders bust out. Green arrows on Wall Street.

May 24, 2022 by Drew Meredith

Election, what Election? A change of government was yawned-off by the Australian share market on Monday; after being up by 50 points in morning trading, the benchmark S&P/ASX 200 index closed...

Market rallies on China policy, tech jumps, Woolies buys mydeal.com.au

May 23, 2022 by Drew Meredith

The Aussie market benefitted from the news that the Chinese Government had cut a key interest rate and a late rally in US markets to post a 1.2 per cent...

Follow the leader, consumer businesses send ASX lower, travel is back

May 20, 2022 by Drew Meredith

The local market couldn't overcome growing concerns about stagflation, an instance when the economy slows as inflation increases, with the S&P/ASX200 falling 1.7 per cent on Thursday.The losses were broad-based,...

Four straight gains, iron ore surges, BlueScope upgrades, Boral downgrades

May 19, 2022 by Drew Meredith

The domestic market was buoyed by a jump in the iron ore price as Chinese lockdowns continue to ease with the S&P/ASX200 gaining 1 per cent on the back of...

Little by little, market recovery continues, James Hardie upgrades, Bramble’s bid halted

May 18, 2022 by Drew Meredith

The domestic market is slowly chipping away at recent losses, with the S&P/ASX200 gaining another 0.3 per cent on Tuesday behind a rally in the energy and utilities sectors.The energy...

China weakness sends market lower, Brambles confirms takeover talks, Qube jumps

May 17, 2022 by Drew Meredith

The local market commenced the week on a more positive note, with the S&P/ASX200 gaining 0.3 per cent on the back of a strong performance from the industrials sector, which...

Market turns on tech sector, Block, Xero surge, gold miners weaken

May 16, 2022 by Drew Meredith

The local market finished the week on a high note, gaining 1.9 per cent on the back of an incredible surge in the technology sector.The mid-session turnaround in the Nasdaq...