Afternoon update: Shares slip as traders unwind January rally
08 Jan 2024 - Australian shares are sliding in the final trading hours of Monday, continuing a tough start to the year due to traders unwinding last month's market rally.
08 Jan 2024 - Australian shares are sliding in the final trading hours of Monday, continuing a tough start to the year due to traders unwinding last month's market rally.
08 Jan 2024 - The S&P 500 closed Friday slightly higher, but all three major indices ended a nine-week winning streak due to a better-than-expected jobs report.
21 Dec 2023 - Stocks tumbled on Wednesday as investors cashed in some profits following the market’s recent hot streak, and FedEx dragged the S&P 500 lower.
20 Dec 2023 - The S&P 500 rose Tuesday, approaching its record high, as the Federal Reserve’s recent dovish shift on rates lifted stocks.
19 Dec 2023 - The S&P 500 rose Monday as the market maintained the momentum seen during its seven-week winning streak.
18 Dec 2023 - By mid-afternoon, the ASX 200 was down 0.32 per cent. This decline was primarily driven by losses in the real estate sector, particularly Charter Hall (ASX:CHC) and Dexus (ASX:DXS), which lost 1.6 per cent and 1.7 per cent, respectively.
18 Dec 2023 - The Dow Jones Industrial Average closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record close.
15 Dec 2023 - The Dow Jones Industrial Average edged higher on Thursday a day after closing above 37,000 for the first time ever as the 10-year Treasury tumbled below 4 per cent and a surprise gain in retail sales gave investors further confidence 2024 would bring a soft economic landing.
14 Dec 2023 - The Dow Jones industrial Average jumped to a record Wednesday as the Federal Reserve signalled it would cut rates several times next year, satisfying investors who hoped the central bank would finally start to acknowledge the slowing trend of inflation with a less-aggressive monetary stance.
13 Dec 2023 - Stocks were higher on Tuesday as Wall Street parsed through another round of inflation data in search for clues on when the Federal Reserve could start easing monetary policy.