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Showing 111 - 120 of 122 results for "Major US"

Morning market wrap: US stocks edge lower

Major US share price indexes drifted lower Monday, with new manufacturing data failing to excite investors. The Chicago NAPM index edged up 0.3 points to 52.5 in June, suggesting manufacturing production continues to expand only modestly in the mid-west ...

Midday market Wrap: Australian shares open lower

... stronger economic growth in the second half. At midday the All Ordinaries was 3,011.6, down 6.4 points. By contrast, major US indexes all lost over 1% in Friday trade. The ABS reported the trade deficit narrowed to $1.9 billion from $3.0 billion in April. ...

Afternoon market wrap: Shares lower in late trade

... of the end of the financial year. The All Ordinaries ended the day 19.1 points lower at 2,998.9, following declines in major US indexes Friday. Declines were broadly based, although property trusts continued to suffer disproportionate losses with much ...

Midday market wrap: Australian shares open lower

Australian shares opened lower, following a night of losses on US markets. Major US indexes all finished lower as the Federal Reserve opted to cut the funds rate by 25 basis points, in contrast to 50 points expected by some investors. Local declines ...

Morning market wrap: US stocks sink after Fed decision

... finished 8.0 points (0.8%) lower at 975.5, The Nasdaq composite index shed 2.6 points (0.2%) to finish at 1,603.0. The major US indexes are all nearly 3% below recent highs established last week, and following a strong rally fuelled by optimism over ...

Morning market wrap: US shares end mixed

Major US share indexes ended mixed on Tuesday, as markets continued to await the outcome of the FOMC meeting. Earlier the Conference Board announced US consumer confidence was broadly unchanged in June, its index edging 0.1 point lower to 83.5, and ...

Morning market wrap: US stocks slump on earnings doubts

US stocks fell overnight, as a spate of corporate profit warnings prompted investors to take profits. Major US indexes have surged by over 25% since early March in expectation of a strong pick-up in US corporate profits in the second half. But a growing ...

Afternoon market wrap: Market trims gains in late trade

... Ordinaries gained 3.8 points to close at 3059.0. Earlier the index breached 3,070 as the market took the lead from gains in major US indexes Friday night. Among the major movers on the local market was Aristocrat, which posted a further 8 cents gain ...

Morning market wrap: US stocks extend gains

... US equity markets continued to push higher overnight, as consumer price data helped ease concerns over deflation. All major US indexes ended higher, following on from the strong gains Monday. The Dow Jones industrial average closed 4.1 points stronger ...

Midday market wrap: Australian shares open lower

The Australian share market opened lower Monday morning, following losses Friday night in major US and European markets. Late in the morning the All Ordinaries was at 3,040.6, some 12.8 points lower than Friday's close. The weakness in overseas markets ...

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Invesco launches new equity fund

ELIZA BAVIN

Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA

The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA

A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI

Global X has now launched the space tech ETF (ASX: MOON).

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