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Showing 1 - 10 of 2377 results for %22Wall Street stocks%22

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... to be quite dovish by investors, so that was supportive of European shares," he said. "Then the US opened." Over on Wall Street, First Republic Bank received a $30 billion backing from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
The music has stopped, should we cease dancing? Two consecutive days of losses on Wall Street is a very long time in financial markets so much so that "pundits struggle to explain stocks stumble", according to the Australian Financial Review (AFR). ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and higher to new highs. The S&P ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... level relative to the current long-term trend level is 54%, a value never exceeded in the recent past since 2002." Wall Street could continue rising. As Capital Economics noted in its latest report: "Despite their rapid rise since the start of November ...

Morningstar introduces new platform

KARREN VERGARA  |  FRIDAY, 15 JAN 2021
... commodities and fixed income. Users have access to news feeds from Dow Jones Newswires, including select content from The Wall Street Journal, Barron's and MarketWatch. Morningstar head of retail investing products and solutions Scott Burns said ...

Plan for the worst, hope for the best

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... dislocation is different." However, there are still positives on the horizon, he argued, with equity markets likely to climb on a "wall of worry" over time. "We're always nervous on the way up in the bull market," Wilson said. "One of the good things ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... points. Although it officially entered bear market territory, Dow Jones and S&P 500 futures are pointing to a rise on Wall Street tomorrow, which is helping drive buying sentiment locally. At the time of writing, the S&P/ASX 200 regained some of these ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... vacuum. Things get in the way. Proof? About this time last year, Factset's stories were: Upbeat outlook for 2018: - Wall Street strategists upbeat on the outlook for 2018. Barron's cover story ("Outlook 2018: The Bull Market's Next Act") ...

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... curve in more than a decade awoke the specter of a recession," he said. Sure, they all add up. But if (and whenever) Wall Street does a rebound, opposing rationales will be in the fore once more, explaining the whys and wherefores for the bounce. However ...
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