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Finfeed Archived Jun 22, 2020
The S&P/ASX 200 index (XJO) finished the week at 5942 points, up from the previous Friday’s close of 5848 points, representing a week on week gain of 94 points, just over 1.6%.
Finfeed Archived Jun 18, 2020
The S&P/ASX 200 (XJO) gained 0.8% on Wednesday, building on the significant market spike on Tuesday, and perhaps laying the foundation for a strong week-on-week gain.
Finfeed Archived Jun 17, 2020
Yesterday’s surge of 222 points or 3.9% by the S&P/ASX 200 effectively erased approximately half of the losses incurred during the preceding three day rout.
Finfeed Archived Jun 16, 2020
The performance of global equities markets over the last 24 hours has demonstrated the volatility and unpredictability of the current situation which is still being influenced by economic factors and COVID-19 fears.
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Finfeed Archived Jun 15, 2020
After plummeting more than 1800 points on Thursday and dragging global indices with it, the Dow recovered on Friday, increasing 477 points or 1.9% to close at 25,605 points.
Finfeed Archived Jun 12, 2020
Financial markets have tumbled overnight amid fears of a second outbreak of the coronavirus and as investors digest the confronting forecast from the Federal Reserve.
Finfeed Archived Jun 11, 2020
A gauge of global stocks fell on Wednesday after the US Federal Reserve projected a sluggish recovery, while the Nasdaq hit a fresh all-time high.
Finfeed Archived Jun 10, 2020
With weakness across US, UK and European markets emerging overnight, it is likely that some profit-taking could emerge. The ASX SPI200 futures index is down 86 points, but this comes after strong week on week increases for XJO.
Finfeed Archived Jun 09, 2020
The S&P/ASX 200 (XJO) increased more than 4% last week, building on strong gains and suggesting that a period of consolidation is on the horizon.
Finfeed Archived Jun 05, 2020
World equity markets pulled in the reins after a strong seven-day run. Shares were pretty overvalued going into this weekend and it appears that the stock market rally, at least for the time being, ran out of steam.
Finfeed Archived Jun 04, 2020
Given the strength in global markets overnight it would appear that we are in for another strong day with the SPI200 Futures index up 73 points this morning to 5999 points.
Finfeed Archived Jun 02, 2020
A measured response by President Trump regarding US-China relations eased tensions, resulting in a good all round performance from equities markets on Monday. The S&P/ASX 200 index (XJO) increased 63 points with mining and building materials groups leading the index higher.
Finfeed Archived Jun 01, 2020
The ASX SPI200 Futures Index points to a negative start to the week, as the rioting, violence and looting fuelled by long-running racial tensions persist in the 30 largest US cities.
Finfeed Archived May 28, 2020
Strong support for the big banks was largely instrumental in lifting the S&P/ASX 200 index (XJO) from about 5720 points in the first hour of trading to a mid-session high of more than 5830 points.
Finfeed Archived May 27, 2020
The S&P/ASX 200 index (XJO) surged nearly 3% on Tuesday finishing at a high of 5780 points. Financials were strong again and there is evidence that consumer discretionary stocks should emerge from the COVID crisis much better than expected.
Finfeed Archived May 26, 2020
Very bullish sentiment regarding an imminent recovery in the Australian economy, combined with anticipated signs of better things to come in the US, underpinned a 2.2% increase in the S&P/ASX 200.
Finfeed Archived May 18, 2020
After a rollercoaster week, a 76 point gain was enough to drag the S&P/ASX 200 (XJO) back into the black. Overseas markets were generally less volatile on Friday, albeit not making the substantial gains. However, it could be argued that market stability is a better sign than the extreme highs and lows that have set the tone in recent months.
Finfeed Archived May 08, 2020
Bitcoin was one of the best performing assets of 2019, so with the third halving just around the corner investors are confident its price will continue to rise.rise.
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