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14Sep

Wall St mixed, Reece is a sell for Stock watch: ASX poised to dip

14 Sep 2021 - A mixed market with the major indexes across the globe as concerns on the pandemic recovery continue to linger ahead of the Fed meeting next week. European markets started the week on a positive note while Asian markets saw a fresh round of regulatory crackdowns. Oil prices rose boosting energy stocks. Metal prices remained elevated. Reece (ASX:REH) is looking soft for a number of reasons covered in Stock watch.

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26Nov

LVMH (EPA:MC) to buy Tiffany & Co. (NYSE:TIF): Aus shares to open higher

26 Nov 2019 - The Australian share market is set to open higher following record highs overnight on the S&P 500 and Nasdaq Composite indexes. The highs came as China promised to tighten intellectual property rules in the country and the market saw a slew of merger and acquisition activity. French luxury goods multinational LVMH, has inked a deal worth US$16.2 billion to purchase Tiffany & Co (NYSE:TIF).

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16Sep

All eyes on Federal Reserve policy meeting later: ASX poised to open higher

16 Sep 2020 - Following positive leads from US markets, the ASX looks set to open higher this morning. There is a US Federal Reserve policy meeting later investors will be keen for. The Trump administration has said that it will remove a 10% US tariff on raw Canadian aluminium imports. Meanwhile, the World Trade Organization says that additional tariffs imposed in 2018 by the United States on Chinese goods violated international trading rules. And Auckland Airport (ASX:AIA) reports...

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09Jun

Market surpasses 6000-point level: ASX closed 2.4% higher

09 Jun 2020 - The ASX rose at the open and managed to close 2.4% higher. The banks gave the market a boost today. Virgin Money UK (ASX:VUK) and Credit Corp Group (ASX:CCP) shares did well today. Shares in Gold Road Resources (ASX:GOR) fell today. The aussie dollar stalled on its rally and the iron ore price is up almost 5%. Comet Ridge (ASX:COI) announced that the Mahalo Gas Project (MGP) has been granted Queensland State Government environmental approval...

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20Aug

Wall St mixed, Iron ore price forecast to fall, Why Netwealth is a hold: ASX to edge higher

20 Aug 2021 - Major indexes around the globe closed almost lower after investors digested minutes from the Federal Reserve around tapering their bond purchases program amid growing Covid-19 cases. Weak commodity prices smashed the materials and energy sectors. Coverage on iron ore price forecast. Why Morgans rates Netwealth (ASX:NWL) as a hold.

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31Oct

Market rallies on Apple earnings: Twitter delisted post Musk takeover

31 Oct 2022 - US equities were sharply higher in Friday trading, ending near best levels as major averages capped off another week of big gains

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17Aug

Aus shares to drop at the open on the back of mixed overseas leads: reporting season ramps up

17 Aug 2020 - Australian shares are set to drop at the open, taking direction from losses in Europe and lacklustre trading in the US. Wall Street was mixed retail sales in July fell short of forecasts, production met expectations. Shares in chip maker Applied Materials rose 3.9 per cent after it forecast fourth-quarter revenue above analyst estimates. Investors are also concerned over stalled coronavirus stimulus negotiations and simmering US-China tensions.

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18Aug

US equities finished lower as investors focus on retail earnings

18 Aug 2022 - Stocks fell as the rally that has pushed prices higher since mid-June appeared to lose steam. Traders also assessed the latest retail data and minutes from the Federal Reserve. On the ASX today earnings reports are expected from ASX (ASX:ASX), Blackmores (ASX:BKL), Evolution Mining (ASX:EVN), IRESS (ASX:IRE), Origin (ASX:ORG), Transurban (ASX:TCL) and Treasury Wine (ASX:TWE).

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19Nov

Wall St closes little changed: Aus shares to open flat

19 Nov 2019 - The local sharemarket is poised to open flat following a quiet session on Wall Street on Monday. In the US stocks reached fresh records but pared back to close the session little changed. The technology sector posted some of the bigger gains while energy stocks pulled back as crude oil fell. Synlait (ASX:SM1) and The a2 Milk Company have extended their supply agreement to 2025.

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30Jul

Markets drift sideways ahead of key earnings releases & policy news

30 Jul 2024 - Investors remained cautious as markets hovered near flat ahead of some key big tech earnings numbers due later this week and the Fed policy statement due out on Wednesday US time.

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