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.
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.
15 Aug 2022 - Stocks rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation may be peaking. The key fundamental driver of this week's upside was softer-than-expected July CPI and PPI data, providing more support for the peak inflation narrative.
12 Aug 2022 - US equities finished mixed in Thursday trading, with the S&P shedding its morning strength. Investors received more good economic news when the July producer price index showed a surprise decline from June.
11 Aug 2022 - US equities finished notably higher in Wednesday trading on the back of a cooler July inflation print.
10 Aug 2022 - US equities finished lower in fairly quiet Tuesday trading as investors navigated a batch of disappointing company reports ahead of a key inflation reading.
09 Aug 2022 - Momentum now seems to be back with the lithium sector, with the catalyst being a very bullish quarterly report issued by US-listed lithum producer Albemarle last week which contained a stunning upgrade to its outlook for this year. The forecast from Albemarle comes after a more than eightfold surge in the price of lithium compounds since the start of the pandemic in 2020.
08 Aug 2022 - Stocks wavered Friday in a volatile trading session after the July jobs report was much better than expected, as investors assessed what a strong labor market would mean for the Federal Reserve’s rate tightening campaign.
05 Aug 2022 - The Dow ticked down Thursday as traders awaited Friday’s July jobs report, which will give the latest snapshot on the labor market and the health of the economy. There’s a new meme stock in town its called AMTD Digital, a Hong Kong-based fintech company.
04 Aug 2022 - Despite the oil price being weaker, oil stocks are rising, with oil producers returning the majority of their free cash flow to shareholders via dividends and share buybacks.
