Moody’s downgrades US banks
09 Aug 2023 - Stocks retreated Tuesday as an August selloff was reignited by a downgrade of the banking sector by credit rating agency Moody's.
09Aug
08Aug
Afternoon update: ASX up 0.14% as James Hardie records all-time high profit margins
08 Aug 2023 - The S&P/ASX 200 index is trading 0.14 per cent higher at 7,319.60.
08Aug
The Dow rises on further positive earnings reports
08 Aug 2023 - The Dow Jones Industrial Average rose Monday as investors kicked off a week with more corporate earnings.
07Aug
S&P 500 and Nasdaq record their worst week since March
07 Aug 2023 - The S&P 500 and Nasdaq Composite slumped Friday for a fourth straight session, and notched their worst weeks since March, as traders seemed to book profits following the latest corporate earnings releases and US jobs data.
04Aug
Apple & Amazon report earnings after the bell
04 Aug 2023 - The S&P 500 ticked lower for a third straight day, as Wall Street assessed the latest corporate earnings results and struggled to shake off pressure from rising bond yields, in which the benchmark 10-year Treasury yield is trading at around 4.18 per cent, near its highest level since November 2022.
03Aug
Afternoon update: ASX trading 0.5% lower, Consumer Staples outperforming
03 Aug 2023 - The ASX is currently trading 0.5 per cent lower at 7,317.80, and the SPI futures are witnessing a decline of 39 points.
03Aug
Fitch Ratings cuts US credit rating to AA+
03 Aug 2023 - Stocks hit selloff mode Wednesday, and the Nasdaq Composite registered its worst day since February, after Fitch Ratings cut the long-term foreign currency issuer default rating for the US to AA+ from AAA Tuesday night, citing “expected fiscal deterioration over the next three years.”
02Aug
More corporate earnings released, copper surges on Chinese optimism
02 Aug 2023 - The S&P 500 fell to start August, as investors navigated a raft of corporate earnings reports and assessed a fresh batch of economic data.
01Aug
Afternoon update: ASX up 0.36% with IT leading the way
01 Aug 2023 - The S&P/ASX 200 is performing well today, up by 0.36 per cent so far. The SPI futures are also looking positive, up by 35 points.
01Aug
US major averages rise after wrapping up winning month
01 Aug 2023 - Stocks rose modestly Monday as Wall Street kicked off a busy earnings week and wrapped up a winning month.