Yearly Archives - 2020

Wall Street sees a huge late tech sell-off: ASX set to open lower

09 Sep 2020 - The ASX looks set to open lower this morning as tech stocks drove the US markets lower. Tesla shares plunged yesterday - their worst one-day loss since March. AstraZeneca shares fell over 6% in after-hours trading yesterday after the company said its late-stage trial for a potential coronavirus vaccine had been put on hold due to safety concerns. The Australian dollar dropped as the US dollar strengthened to a four week high. The a2 Milk...

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US, China ‘decouple’: European gains to lift ASX

08 Sep 2020 - Aussie shares are slated to open higher today, following bullish European gains. The US is considering striking China’s tech sector by imposing restrictions on exports to SMIC. Under-suspension iSignthis (ASX:ISX) has retaliated against the ASX with a damage claim worth $464.7 million.

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