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Showing 121 - 130 of 3996 results for "Dow 0.9 %"

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
"I've got chills, They're multiplying..." Wall Street is down... with the coronavirus flu! The Dow declined by 0.5%, the S&P 500 by 0.3%, the Nasdaq by 0.02%, and the Russell 2000 by 0.8 after the US Center for Disease Control and Prevention ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
PIMCO is forecasting a slowdown in China's GDP growth in 2020 as tensions between the Asian nation and the United States continue into the New Year. The company's global economic advisor, Joachim Fels, and chief investment officer global fixed income ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
The past year has served as the beginning of the superannuation industry's transformation. Yes, recent years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission ...

VanEck changes ETF portfolios

ALLY SELBY  |  THURSDAY, 19 DEC 2019
The fund house and Lonsec Investment Solutions have made a number of changes to their three low-cost ETFs. The portfolios are designed to help financial advisers and brokers to build diversified portfolios for their clients, while also respecting their ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
It's beginning to look a lot like Christmas has come early... and Thanksgiving too. Wall Street benchmark equity indices rallied at the close of trading last week: The S&P 500 added 1.0% to a new all-time high; the Nasdaq closed 1.1% up but not ...

$26 billion super joint venture eyes more funds

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
A joint venture between two superannuation funds with a combined $26 billion and 150,000 members has today taken off, with the chief executive hinting more funds could become involved. Equipsuper and Catholic Super's joint venture is officially ...

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
A 47-year-old corporate superannuation fund has merged with a $16 billion industry fund. The Dow Australia Superannuation Fund (DowASF), home to just under 400 members, has merged with Equipsuper. Established in 1972, DowASF is the corporate plan of ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
A stitch in time saves nine. If only the Reserve Bank of Australia (RBA) adhered to this age-old proverb. But alas, by insisting on keeping the official cash rate at 1.5% for longer (from August 2016 to May 2019) than the dictates of global and domestic ...