08 Dec 2022 - Stocks fell in a choppy session Wednesday as traders weighed the possibility of a recession, and the likelihood of a longer-than-expected hiking cycle from the Federal Reserve. Investors await more economic data this week with jobless claims data due out Thursday, and November’s producer price index and preliminary consumer sentiment data for December out on Friday.
07 Dec 2022 - A snapshot of the stocks on the move featuring Red Mountain Mining (ASX:RMX), 4DS Memory (ASX:4DS) and Golden Deeps (ASX:GED).
07 Dec 2022 - Stocks tumbled Tuesday, building on the previous session’s losses, as fears of a recession gripped Wall Street. In Europe there is growing frustration over the Biden administration’s Inflation Reduction Act, with opposition to the sweeping climate and economic bill. The concern is that US companies now have an unfair advantage.
06 Dec 2022 - A snapshot of the stocks on the move, featuring Sarytogan Graphite (ASX:SGA), Ragusa Minerals (ASX:RAS) and Eastern Resources (ASX:EFE).
06 Dec 2022 - Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession. While the war in Ukraine grinds on, Western countries have been debating how to curb Russia’s oil revenue without causing massive disruptions to energy markets. They think they landed on an innovative solution: starting last Friday the G7 and Australia will apply a price cap of $60/barrel on Russian oil.
05 Dec 2022 - A snapshot of the stocks on the move featuring Pancontinental Energy (ASX:PCL), Arizona Lithium (ASX:AZL) and Latin Resources (ASX:LRS).
05 Dec 2022 - Stocks cut much of their earlier losses Friday as investors looked past hotter-than-expected labour data to the upcoming Federal Reserve meeting. And it appears consumers are spending their savings to stay ahead of inflation. Data released by the Bureau of Economic Analysis released last week shows that the U.S. personal saving rate dropped in October to 2.3%.
02 Dec 2022 - A snapshot of the stocks on the move featuring Little Green Pharma (ASX:LGP), Warrego Energy (ASX:WGO) and Allegiance Coal (ASX:AHQ).
02 Dec 2022 - The Dow Jones fell Thursday, relinquishing some of the big gains seen in the prior session as investors awaited jobs data coming Friday that could determine the pace of the Federal Reserve’s future rate tightening. Investors are looking to data on non-farm payrolls, the unemployment rate and hourly wages on Friday for insight into the labour market, which has been relatively strong despite hopes of contraction as the Fed looks to cool inflation.
01 Dec 2022 - A snapshot of the stocks on the move featuring Greenstone Resources (ASX:GSR), Chase Mining Corporation (ASX:CML) and XTEK (ASX:XTE).
