Monthly Archives - July 2020

S&P/ASX 200 Index down 10.7% across the year: ASX poised to open lower

01 Jul 2020 - The ASX looks set to start the new financial year by opening lower. For the year to date, the S&P/ASX 200 Index is still down 10.7%, that’s its worst 12 months since the global financial crisis. In the US, Fed Reserve chairman Jerome Powell reiterated overnight that the future of the economy is “highly uncertain”. The Dow Jones meanwhile just wrapped up its best quarter since 1987. AMP (ASX:AMP) has today completed the sale of...

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