Australian Market Report of November 20: A Drop in Risk Appetite
US stocks fell for the second day after a downgrade of technology companies such as Intel. Energy and materials shares also showed losses as commodities prices tumbled.
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Australian Market Report of November 18: Boosted by Rise in Commodities Prices
Wall Street closed slightly higher overnight on a round of buying in energy and materials companies. But more stocks fell than rose as retailers such as Target and Home Depot's disappointing holiday spending outlooks raised concerns over the strength of recovery.
Asian Markets Overview of November 16
Asian share markets broadly opened in positive territory. Japan's Nikkei was buoyed by the latest data showing that Japan's economy grew 1.2 per cent in July-September from the previous quarter, exceeding market expectations.
Asia Market Overview of November 13
Asian stock markets were broadly lower Friday following the weakness in Wall Street. Chinese shares also fell on profit taking, but airline equities rose across the board on a new pricing mechanism of fuel surcharge to take effect this weekend.
Australian Market Report of November 10: Rally to Continue
US stocks overnight closed at a new high for the year as the G20 finance ministers and central bankers pledged to keep stimulus measures until a recovery was certain. Dow jumped more than 200 points for the session, with 29 of the index's 30 components finished in the green.
Australian Market Report of November 9: Market Shrugged Off Disappointing US Jobs Data
Wall Street posted a small gain on Friday despite the Labour Department report showed the US unemployment rate broke above 10 per cent in October, up from 9.8 per cent in September. But the number of jobs lost narrowed to the lowest level in more than a year.
Australian Market Report of October 15: Dow Index Broke 10000 Points
Overnight Dow Jones Industrial Average closed above 10,000 points for the first time in a year, as the investors were encouraged by the better-than-expected earnings from Intel and JPMorgan Chase. The gains in stocks market were also helped by the positive September US retail sales data, which could be a further confirmation of a recovery.
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