Thank you for subscribing!
Finfeed Archived Nov 26, 2020
Yesterday, the 124-year old Dow Jones Industrial Average closed above the 30,000 point mark for the first time in its history, almost four years after it first crossed the 20,000 mark.
Finfeed Archived Nov 18, 2020
The rally has stalled across Europe, pausing for breath after the huge gains of the past week that have been driven by positive vaccine news.
Finfeed Archived Nov 17, 2020
Australian traders were stopped in their tracks yesterday, after the ASX was forced to shut down following an outage of the ASX Trade system yesterday. It is expected to resume at 10am today.
Finfeed Archived Nov 13, 2020
The accelerated uptake of technology and online activities, including healthcare services, has created a step-change in the way people conduct their daily lives. Many healthcare stocks are thriving because of it.
Get expert stock analysis direct in your inbox
“European markets were in the red, coming off their highs as infection rates continue to rise and the realisation that a vaccine is not an overnight fix dawns on investors.”
Finfeed Archived Oct 20, 2020
China’s economy continued to recover rapidly from the pandemic in Q3, expanding 4.9% year-on-year, adding to the positive signs around the world of numerous economies returning to growth rapidly.
Finfeed Archived Oct 16, 2020
Supply chain issues are increasing food prices in many countries, while job losses and falling incomes further affect people’s access to nutritious food: the UN World Food Programme estimates that an additional 130 million people could be faced with acute food insecurity by the end of this year.
Finfeed Archived Oct 15, 2020
Strong performances from some tech and healthcare stocks helped to offset this downward pressure.
Finfeed Archived Oct 13, 2020
Tech stocks accounted for most of the gains with Apple Inc, (+6.3%), Microsoft Corp (+2.6%) and Intel Corp. (+2%) leading the way.
Finfeed Archived Oct 12, 2020
Gold continued its end of the week resurgence, closing at US$1936 per ounce, up more than US$50 per ounce from a low struck earlier in the week.
Finfeed Archived Oct 06, 2020
Much of yesterday’s ASX gains were on the back of optimistic expectations regarding tonight’s budget which is expected to provide tax cuts, cash injections and stimulus packages for consumers and businesses.
Finfeed Archived Oct 02, 2020
US markets ended up higher overnight, with the Nasdaq leading the way, up 1.42% thanks to tech giants Netflix (+5.5%), Telsa (+4.5%), Amazon (+2.3%), Facebook (+1.8%), and Alphabet 1.5%.
Finfeed Archived Oct 01, 2020
A strong lead from the US overnight could see a rebound today, and the ASX SPI200 futures index is pointing in that direction, up 11 points to 5813 points.
Finfeed Archived Sep 30, 2020
One of the few shining lights could be gold as it reclaimed US$1900 per ounce overnight.
Finfeed Archived Sep 25, 2020
Gold hit a two month low which sent miners, Newcrest, Northern Star, and Evolution lower. Gold is now buying $US1,868/oz.
Finfeed Archived Sep 23, 2020
With overseas markets recovering overnight, and particularly good gains made in the US, the ASX SPI200 index is up 60 points to 5831 points.
Finfeed Archived Sep 22, 2020
Apple Inc and Microsoft Corp managed to buck the trend as they gained 3% and 1% respectively.
Finfeed Archived Sep 21, 2020
Given negative sentiment in overseas markets, it is likely that ASX stocks will come under pressure on Monday, and this is supported by the ASX SPI200 index which is down 36 points to 5836 points.
Join Our Mailing List
