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Showing 61 - 70 of 3675 results for "Wall Street"

Chief economist update: The second wave

BENJAMIN ONG | FRIDAY, 12 JUN 2020

Wall Street is down! Repeat, Wall Street is down! At the close of last night's trading activity all US benchmark equity indices closed sharply lower: Dow (6.9%), S&P 500 (5. 9%), Nasdaq (5.3%), Russell 2000 (7.6%). Financial market wire and web ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG | TUESDAY, 9 JUN 2020

... stock market rally is brought to you by the letter V. The much better than expected US non-farm payrolls report sent Wall Street on the up and up - the S&P 500 gained 2.6% on the day (4.9% on the week); the DJIA rose by 3.2% (6.8%); the Nasdaq went up ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG | THURSDAY, 14 MAY 2020

... Mr. US Fed chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped more than 500 points Wednesday after ...

Chief economist update: Easing does it (again)

BENJAMIN ONG | TUESDAY, 12 MAY 2020

... 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 on the defensive ...

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 ...

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 ...

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

... exposure. "Right now it's a very difficult market with nearly every sector facing major challenges." It comes after Wall Street surged 7% on Monday night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll ...

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% ...

The bulls are back

ELIZA BAVIN | FRIDAY, 27 MAR 2020

The Dow Jones has recorded its shortest bear market in the index's history, as investors regain confidence in a market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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