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22Apr

Middle East tensions dominate US markets

22 Apr 2024 - Early trading saw oil spike more than 3 per cent and Middle East tensions take centre stage until the limited nature of Israel’s retaliation against Iran became apparent, easing concerns of any further escalation in the region and calming markets.

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01Aug

Wall St rises on disappointing GDP growth, Marley Spoon serves mixed results, Why Flight Centre is a hold: ASX poised to edge higher

30 Jul 2021 - Global stocks rallied as earnings season continued amid positive economic data in Europe, though mixed numbers in the U.S. Asian markets climbed after their recent panic selling. Coverage of U.S. GDP and jobless claims, Biden’s vaccine requirement & tech titan’s mandate. Earnings figures from Yum Brands, Pinterest & Robinhood’s underwhelming debut. Marley Spoon (ASX:MMM) plated mixed results. Why UBS rates Flight Centre (ASX:FLT) as a hold.

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20Jul

Eclipx Group (ASX:ECX) sells Right2Drive: Aus shares close 0.5% lower

20 Jul 2020 - The Australian share market closed 0.5 per cent lower at the end of trade. Fears of a second NSW lockdown surface. Eclipx Group (ASX:ECX) has sold accident loan car provider Right2Drive for less than half the price of their original purchase.

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17Jun

US Fed signals 2 rate rises by end of 2023, Why Seek is a buy: ASX to lift

17 Jun 2021 - In this report, I cover Wall St's performance following the US Federal Reserve bringing forward expectations on interest rate hikes, yesterday's local bourse activity and why Macquarie says Seek (ASX:SEK) is a "quality stock". Two companies set to make their debut with the RBA speech pencilled in today.

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11Feb

Challenger surges on profit guidance: Aus shares 0.7% higher at noon

dd Mmm 2020 - The local sharemarket has pushed ahead in the first two hours of trade. The S&P/ASX 200 index is 0.7 per cent or 50 points higher at 7063. Transurban (ASX:TCL) reported a 9.5 per cent increase in earnings (EBITDA) to $1.1 billion for the first half of 2020 when compared to the year earlier period.

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16Dec

AUD up against a weakened USD: ASX points to a rise at the open

16 Dec 2020 - The ASX looks set to rise this morning as US stocks were boosted by a push for a fresh stimulus package. Yesterday, US Congress moved towards a federal spending package that would boost the economy. Apple shares surged by up to 4%. The AUD is on the up this morning, trading at over US75 cents. Openpay Group (ASX:OPY) reports it has had its best ever month of trading.

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05Sep

Afternoon update: Aus shares dip 0.38%, IGO leads gainers, Yancoal Australia leads decliners

05 Sep 2023 - The S&P/ASX 200 is trading 0.38 per cent lower at 7,291.30.

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24Apr

Credit Suisse downgrades JB Hi-Fi (ASX:JBH): Aus shares 0.3% higher at noon

24 Apr 2020 - The Australian share market opened flat following mixed leads from international markets. It has built momentum over the morning and is tracking 0.3 per cent higher at noon. All of the sectors are in the black this morning, except Consumer Staples. Nickel miner, Western Areas (ASX:WSA) has reiterated its full year cost and production guidance.

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22Jun

Materials lift local bourse as travel stocks head south on COVID-19 resurgence: ASX closes 0.03% higher

22 Jun 2020 - The local share market opened lower this morning, picked up pace at lunchtime and then pared gains in late trade to end the session ever so slightly higher by 0.03 per cent at 5945.

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01Nov

US equities close lower, but post best month since 1976

01 Nov 2022 - Markets made a huge comeback in October. The Dow guided those gains and closed 14 per cent higher for the month. The 30-stock index had its best month since 1976 as investors bet on more traditional companies, like banks, to lead the next bull.

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