Bulls Expected to Race Out the Gate

Aussie equity bulls are expected to jump out the gate with positive sentiment following last week’s rally on wall street. SPI futures are up 69 points to 5,631 as of 9am AEDT Saturday. The Wall st...

Apple Woes Spread to Broader Market

Following the close on Thursday, Apple (AAPL) reported an almost 10% cut in revenue due to weakness in China which took most analysts by surprise. As a result, the broader market took this as an o...

Wall Street Starts New Year With Modest Rebound

All three major U.S. indexes recorded a gain on the first trading day of 2019. The S&P 500 ended a volatile session higher by 0.13 per cent, while the Dow Jones Industrial Average managed only a 0...

ASX Set to Start the New Year Flat

U.S. stocks recorded a modest gain on Monday, ending what was a volatile and disappointing year for Wall Street. Equities experienced their worst year since the financial crisis in 2018. The late ...

WALL STREET EXTENDS GAINS AFTER ANOTHER VOLATILE SESSION

US equities staged a big intra-day comeback on Thursday. After posting a record rally a day earlier, the Dow dropped as much as 600 points within the session. This was followed by a wild rally of ...

DOW POSTS RECORD 1000-POINT RALLY

US Stocks posted one of the strongest rallies in recent history on Wednesday. All 30 stocks in the DJIA notched gains as the index surged nearly 5 per cent. The FAANG (Facebook, Apple, Amazon, Net...

Nasdaq enters 'bear territory'

With the US markets edging lower and arguably falling into bear territory, the ASX is poised to follow the trend and expected to fall at the open. The Australian dollar fell 1 per cent and ASX fut...

Market Rout Continues

The rout in stocks continued overnight with the Dow Jones falling another 2%. It was a similar story for the S&P 500 and Nasdaq 100. Oil prices were also hammered with WTI oil declining to US$46.4...

Federal Reserve Hikes Rates

The main event of the night was the US Federal Reserve meeting to decide interest rates. The market widely expected a 25-basis point hike and the Fed didn’t disappoint. The devil was in the detail...

Markets Eke Out a Positive Close

US stocks opened higher overnight and held the gains until the early afternoon when some selling pressure stepped in. The final hour of trading saw buying resume but the final result was only a mo...
  • © 2019 Prudens