Author - Sequoia Direct

S&P 500 trips as Wall St banks kick off earnings season: ASX to open lower

15 Apr 21 - The ASX is set to open lower following mixed trade on Wall St. The S&P 500 slipped from record high while the Dow Jones rose as banks on Wall St kicked off reporting season. The US Federal Reserve announced a change in their bond buying program along with their release of the Beige Book report. Buy now pay later company Zip Co (ASX:Z1P) launched an offer to raise $400 million through a senior unsecured convertible...

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Consumer sentiment hits 11-year high: ASX tracking 0.6% higher

14 Apr 2021 - The Australian sharemarket opened higher this morning and re-entered the 7000s territory, driven by a strong rally in the tech sector and buy-now-pay-later stocks. Stateside gains on the tech-heavy Nasdaq added fuel to the fire of the S&P/ASX Infotech. Today’s performances in mining are in stark contrast to yesterday’s, as Gold miners are making amends for yesterday’s losses.

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