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Showing 191 - 200 of 4312 results for "Wall"

Chief economist update: Easing does it (again)

BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
... where the outbreak was first detected late last year." South Korea's Early Coronavirus Wins Dim After Rash of New Cases (Wall Street Journal) "SEOUL -- South Korea, which largely succeeded in quelling the initial spread of the coronavirus, is back ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
"Happiness equals reality minus expectations". Tom Magliozzi's famous five words appear to have made their way to Wall Street. For how else is one to explain the rally on 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell ...

Former CFS executive joins platform

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
The former head of Wrap at Colonial First State has joined an ASX-listed platform provider. Powerwrap has confirmed the appointment of Sue Wallace as special projects lead on a contract basis. Wallace joined the platform last month, coming from CFS ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Former Wallaby banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
Simon Poidevin has been banned from financial services for five years, with the Administrative Appeals Tribunal upholding ASIC's action. Poidevin was banned along with Damien Rodr following an investigation into trading in shares of DirectMoney ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Wall Street's rally seems to have run out of steam, with the major indexes ending the day of trade in a sea of red. Early in trade the Dow Jones surged 900-points before closing down 0.12%. Similarly, the S&P 500 lost 0.16% and the Nasdaq Composite ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... heartened equity market investors everywhere - from New York to Rio and ol' London town - underscored by the surge on Wall Street overnight. All major US benchmark equity indices rocketed: DJIA by 7.7%; S&P 500 by 7.0%, Nasdaq composite by 7.3% ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... less you'll need social contact and the safer you will be. In many of my writings, I have lauded the fall of the Berlin Wall in the late-1980s and the disintegration of the USSR - basically the end of communism and the Cold War - as providing a peace ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... S&P 500 index logged a third straight day of gains for the first time since mid-February, before coronavirus fears stopped Wall Street's 11-year bull market. Since the start of the week the S&P 500 has surged about 17%, however it is still down 22% ...