Looking back at 2024, Australia's economy was generally sluggish due to weak demand and stagnant labor productivity growth, although population growth, a surge in infrastructure projects, and rising public demand helped the economy narrowly avoid a recession. Despite the economic slowdown, the Australian stock market has shown resilience and strength due to strong performances in the banking and i...
G'day, mooers! Check out the latest news on today's stock market! • Wall Street all-time highs came and went • ASX drops; Bendigo Bank rises 4% • Stocks to watch: Bendigo Bank, Star Entertainment Wall Street Summary The market simmered from all-time highs Thursday morning to close lower with 7000 decliners compared to 5900 advancing equities. Still, the$Dow Jones Industrial Average (.DJI.US)$burst through 40k for the first time, and traded -0.1% ...
G'day, mooers! Check out the latest news on today's stock market! • Dow, S&P 500 end lower • ASX slips as real estate falls • Stocks to watch: Premier Investments, Seven Group, De Grey Mining Wall Street Summary At the beginning of the last week of March, stocks were taking a break, but the first quarter results were still expected to be strong. On Monday, the major U.S. stock indexes closed lower, with the$Nasdaq Composite Index (.IXIC.US)$fallin...
After the market closed on 13 March, major broker Macquarie released a research report titled "Australian Banks: This time it's different.” In the report, they reiterated their view that ASX bank stocks were priced for perfection as they were “trading at peak multiples without a clear fundamental reason.” Geez, tell us what you really think Macquarie! They went on to retain an UNDERWEIGHT rating on the entire Aussie banking sector, and then downgra...
After the market closed on 13 March, major broker Macquarie released a research report titled "Australian Banks: This time it's different.” In the report, they reiterated their view that ASX bank stocks were priced for perfection as they were “trading at peak multiples without a clear fundamental reason.” Geez, tell us what you really think Macquarie! They went on to retain an UNDERWEIGHT rating on the entire Aussie banking sector, and then downgraded t...
Last week was all about one stock,$NVIDIA (NVDA.US)$, the powerhouse US-based AI stock that has topped a $US2 trillion valuation and that delivered an earnings result so powerful, its market capitalisation increased by a record $US277 billion in one trading day. Nvidia's market capitalisation has risen by more than $US700 billion in 2024. The strong sentiment it generated helped propel the$Dow Jones Industrial Average (.DJI.US)$to close above 39,000 fo...
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the problem of having to swim in the saddle
G'day, mooers! Check out the latest news on today's stock market! • Nasdaq falls for third straight session ahead of Nvidia earnings • Banks, miners drag shares lower • Stocks to watch: Fortescue, Qantas, Lovisa - Moomoo News AU Wall Street Summary The Nasdaq Composite pulled back Wednesday, dropping for a third consecutive trading session, ahead of a highly anticipated earnings report from chip giant Nvidia. The tech-heavy...
CEO Marnie Baker sees the pre-funding repayment decision as a strategic move for future funding costs and capital strength. She also anticipates growth in the digital loans channel, a significant contributor to residential lending settlements.
Bendigo and Adelaide Bank Ltd Stock Forum
• Top losers: $Dicker Data Ltd (DDR.AU)$, $Cettire Ltd (CTT.AU)$, $Xero Ltd (XRO.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.85% lower at 7814.4, but still completed its longest streak of weekly gains this year. The benchmark index fell through the session following a soft lead from U.S. ...
• Wall Street all-time highs came and went
• ASX drops; Bendigo Bank rises 4%
• Stocks to watch: Bendigo Bank, Star Entertainment
Wall Street Summary
The market simmered from all-time highs Thursday morning to close lower with 7000 decliners compared to 5900 advancing equities. Still, the $Dow Jones Industrial Average (.DJI.US)$ burst through 40k for the first time, and traded -0.1% ...
• Dow, S&P 500 end lower
• ASX slips as real estate falls
• Stocks to watch: Premier Investments, Seven Group, De Grey Mining
Wall Street Summary
At the beginning of the last week of March, stocks were taking a break, but the first quarter results were still expected to be strong.
On Monday, the major U.S. stock indexes closed lower, with the $Nasdaq Composite Index (.IXIC.US)$ fallin...
Geez, tell us what you really think Macquarie!
They went on to retain an UNDERWEIGHT rating on the entire Aussie banking sector, and then downgra...
Geez, tell us what you really think Macquarie!
They went on to retain an UNDERWEIGHT rating on the entire Aussie banking sector, and then downgraded t...
• Top losers: $Neuren Pharmaceuticals Ltd (NEU.AU)$, $Paladin Energy Ltd (PDN.AU)$, $REA Group Ltd (REA.AU)$
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.2% lower at 7713.6, with bank stocks proving a drag as the Reserve Bank of Australia appeared to be holding back on offering meaningful guidance to markets on the dire...
The strong sentiment it generated helped propel the $Dow Jones Industrial Average (.DJI.US)$ to close above 39,000 fo...
• Nasdaq falls for third straight session ahead of Nvidia earnings
• Banks, miners drag shares lower
• Stocks to watch: Fortescue, Qantas, Lovisa
- Moomoo News AU
Wall Street Summary
The Nasdaq Composite pulled back Wednesday, dropping for a third consecutive trading session, ahead of a highly anticipated earnings report from chip giant Nvidia.
The tech-heavy...
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