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Market Wrap AM

AAP  |  TUESDAY, 15 JUL 2014
... 16,985.61. The broad-based S&P 500 rose 9.12 (0.46 per cent) to 1,972.83, while the tech-rich Nasdaq Composite Index advanced 27.57 (0.63 per cent) to 4,419.03. Wednesday's gains snapped a two-day slide. Alcoa unofficially kicked off second-quarter earnings ...

Market Wrap AM

AAP  |  THURSDAY, 10 JUL 2014
... 16,985.61. The broad-based S&P 500 rose 9.12 (0.46 per cent) to 1,972.83, while the tech-rich Nasdaq Composite Index advanced 27.57 (0.63 per cent) to 4,419.03. Wednesday's gains snapped a two-day slide. Alcoa unofficially kicked off second-quarter earnings ...

James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
... promise. Data released overnight show that while the PCE price index - the Fed's favoured measure of inflation - has advanced closer to the Fed's target (1.8% in May from 1.6% in April), consumer spending - that which accounts for 70% of the economy ...

Market Wrap AM

AAP  |  THURSDAY, 26 JUN 2014
... oil prices. The Dow Jones Industrial Average rose 25.62 (0.15 per cent) on Friday to 16,947.08, a new high. The S&P 500 advanced 3.39 (0.17 per cent) to 1,962.87, while the tech-rich Nasdaq Composite Index gained 8.71 (0.20 per cent) to 4,368.04. General ...

Market Wrap AM

AAP  |  WEDNESDAY, 25 JUN 2014
... oil prices. The Dow Jones Industrial Average rose 25.62 (0.15 per cent) on Friday to 16,947.08, a new high. The S&P 500 advanced 3.39 (0.17 per cent) to 1,962.87, while the tech-rich Nasdaq Composite Index gained 8.71 (0.20 per cent) to 4,368.04. General ...

Market wrap

AAP  |  MONDAY, 23 JUN 2014
The Australian share market is higher following a strong lead from Wall Street. The Dow and S&P 500 advanced to fresh records on Friday amid a lift in oil prices and the French government having favoured General Electric's proposal to take over Alstom's ...

Market wrap

AAP  |  MONDAY, 16 JUN 2014
... escalating sectarian violence in Iraq that has lifted oil prices to nine-month highs. The Dow Jones Industrial Average advanced 41.55 points (0.25 per cent) to 16,775.74. The broad-based S&P 500 gained 6.05 (0.31 per cent) at 1,936.16, while the tech-rich ...

Wall Street slips on oil slick

BENJAMIN ONG  |  FRIDAY, 13 JUN 2014
... northern and central Iraq, increasing the prospect of a return to civil war in OPEC's second-biggest oil producer... WTI advanced 2 percent while Brent gained 2.8 percent." (Bloomberg again). Yikes! Be afraid. Bloomberg quotes John Kilduff - "a partner ...

Market Wrap AM

AAP  |  FRIDAY, 13 JUN 2014
... the Reserve Bank lifted the official cash rate and offered no respite to further interest rate hikes. The NZX 50 Index advanced 15.96 points, or 0.3 per cent, to 5195.11.

Market wrap

AAP  |  WEDNESDAY, 11 JUN 2014
... $4.55. The banks were higher, with National Australia Bank up four cents at $33.68, Westpac up 14 cents at $34.77, ANZ had advanced eight cents to $33.84 and Commonwealth Bank was eight cents higher at $82.50.

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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