Author - Craig Foley

Nasdaq falls again on Wall St dive, NEXTDC & CSL rated as Outperform: ASX to open flat

10 Jan 2022 - Tech shares dived again as the Nasdaq underperformed. Markets were bruised following the Fed minutes and mildly bounced back to cap off the start of 2022. Insight into the jump in US 10-year treasury yield. Kazakhstan’s unrest shoots uranium & oil prices higher. ASX recovers with a 0.1% weekly gain. Fresh economic print starts today.

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Dow resets record high on tech rout, OPEC+ agree to boost output: ASX to slip

05 Jan 2022 - Wall St closed mixed as the Dow reset a record high. Technology shares underperformed as market participants rotated back into value stocks. Energy stocks soared after OPEC+ agree to boost output. European markets played catch up as travel stocks take-off. Japanese stocks outperformed led by gains from auto vehicle players like Toyota. Lithium stocks took the spotlight on the ASX.

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Dow, S&P 500 hit record high on Wall St surge, giving summer lead to ASX: SPI futures point to fall

04 Jan 2022 - Wall St kicks off 2022 on a positive start with the Dow and S&P 500hitting a fresh record high. Nasdaq outperformed. Apple touches US$3 trillion market cap intraday while shares in Tesla accelerates on 2021 delivery record. SPI futures point to a fall as of last day of 2021, but gives warm lead to ASX today. Gold players fell, energy giants soared, as tech titans galloped.

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