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22Jan

S&P 500 closes at an all-time high

22 Jan 2024 - The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the new year.

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19Sep

Global climate strike kicks off: Aus shares to open higher

20 Sep 2019 - The Australian share market looks set to open higher following strong leads from the US. Overnight the OECD released an interim economic outlook report projecting the weakest annual growth rates since the financial crisis. Cedar Woods Properties (ASX:CWP) has penned a conditional agreement to acquire a 12.4 ha property in WA for $21.2 million.

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01May

Hot wages data weighs on US markets; Amazon profit more than triples

01 May 2024 - US stocks tumbled overnight to close out a losing month after higher-than-expected wage data raised new inflation concerns ahead of the Federal Reserve’s rate decision on Wednesday.

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22Feb

Russia & Ukraine tensions shoot down shares, Seven Group flags lift in FY22 earnings: ASX to fall

22 Feb 2022 - European markets slumped, Asian markets fell while ASX lifted set-off on hope as Presidents Joe Biden and Vladimir Putin agreed in principal to hold a summit on the basis that “if an invasion hasn’t happened”. Meanwhile the Kremlin said the summit was not a done deal. Wall St was closed for Presidents' Day holiday.

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30Mar

IMF head says global economy has entered recession: ASX poised to open lower

30 Mar 2020 - We can expect the sharemarket to start the week lower this morning after Wall Street fell in Friday’s session and the death toll from the coronavirus continues to rise globally. The head of the International Monetary Fund Kristalina Georgieva says the global economy has now entered a recession. She said there could be a sizable rebound in 2021 but only if nations succeed in containing the coronavirus and limiting the economic damage. Summerset Group Holdings...

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25Nov

Wall St mixed, Iron ore above US$100, Vulcan Steel is a buy: ASX to open higher

25 Nov 2021 - Mixed market around the globe as Wall St digested a slew of economic data & FOMC meeting minutes. RBNZ interest rate hike weighed on inflation concerns. UBS rated Vulcan Steel (ASX:VSL) as a buy.

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19Aug

Wisetech Global (ASX:WTC) shares shoot up on their results: ASX tracking almost 1% higher at noon

19 Aug 2020 - Things are currently looking bright on the Australian share market. It shot up at the open and is now tracking almost 1 per cent higher at noon. The tech sector is currently doing well as is healthcare. Wisetech Global (ASX:ASX:WTC) shares saw a huge leap this morning after reporting a almost 200 per cent rise in their NPAT over the year. Shares in Resolute Mining (ASX:RSG) didn’t fare so well.

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23Mar

Wall St rises as bond rout deepens, Fisher & Paykel, Sonic, Flight Centre on watch: ASX to rise

23 Mar 2022 - Global shares rose after yesterday's hawkish comments from the Federal Reserve Chair Jerome Powell, leading to bank stocks advancing. There are continued concerns that the war in Ukraine has not come to truce and what it means for the commodity market. President Zelenskyy said Ukraine would compromise on NATO membership but not hand over any cities.

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11May

iSignthis (ASX:ISX) loses the battle but continues to wage the war: Aus shares to open higher

11 May 2020 - Despite disturbing job data coming out of the US on Friday, investors showed a willingness to look beyond the short-term impacts of Covid-19. US stocks held onto their gains even after the news and pushed them higher in the last hour of trade. The Australian share market looks set to continue the gains, with futures pointing to a rise at the open. Managing Director of fintech giant, iSignthis (ASX:ISX), John Karantzis announced that the company...

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20Aug

Reporting season sees pandemic impact: Aus shares 0.8% down

20 Aug 2020 - The Australian share market dropped at the open closing 0.8 per cent down at the end of trade. Sequoia Financial Group (ASX:SEQ) reports a successful FY20 financial performance. The company significantly improved EBITDA of $4.8m, accelerating 2H20 momentum, with EBITDA of $3.4m.

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