Yearly Archives - 2022

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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US retailers push market higher: BHP rallies overnight

17 Aug 2022 - The Dow Jones Industrial Average rallied on Tuesday, rising for a fifth day as earnings results from Walmart and Home Depot showed consumer spending could remain strong enough to keep the economy from tipping over into a downturn. On the ASX today we have reporting: Amcor, Brambles, Corporate Travel, CSL, Domain & Magellan to name a few.

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US equities rise despite weakening Chinese economic data

16 Aug 2022 - US equities rose on Monday as the rally on Wall Street continued as traders prepared for a big week for retail earnings.The move came despite disappointing economic data out of China, where the country’s central bank cut rates unexpectedly, raising concern over China’s economic recovery.

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