U.S. President Donald Trump announced on April 2 (ET) that a 10% tariff would be imposed on Australia, along with higher tariffs on around 60 countries with which the U.S. has a significant trade deficit. The policy will take effect at midnight on April 5 (ET). In response to the tariff news, ASX stocks opened with a sharp decline, with the$S&P/ASX 200 (.XJO.AU)$falling more than 2% during intraday trading. Export-oriented companies...
G'day, mooers! Check out the latest news on today's stock market! • Stocks fall despite better-than-expected Q4 U.S. GDP • Australian stocks extend slide on tariff uncertainty • Stocks to watch: CTD, IPL and etc. Wall Street Summary Despite an upward revision in the U.S. Q4 GDP growth rate from a previously estimated 2.3% to 2.4%, stocks fell. However, this was still a slowdown compared to Q3's 3.1% growth...
G'day, mooers! Check out the latest news on today's stock market! • US stocks plunge into correction as trade tensions overshadow inflation data. • Australian shares rebounds from correction as mining sector surges. • Stocks to watch: MYR, LTR, etc. Wall Street Summary Major US stock indices tumbled on Thursday, with the$S&P 500 Index (.SPX.US)$officially entering correction territory, dropping more th...
Another adjustment period. Could be good for those with cash. While tech stocks Meta, Apple, Intel set new highs US inflation blew hotter than expected, rising back to 3.3%, ringing little alarm bells for US stocks, which lost their footing. The S&P 500 fell 0.4%, falling to its 50-day average at one point, suggesting caution is in. But some stocks are unshaken from the noise. Meta$Meta Platforms (META.US)$rose for ...
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past two weeks. • Base metals: Lead prices rose to $1981 per tonne • Energy metals: Li Carbonate prices dropped 0.8% in the past two weeks • Precious metals: Gold prices rose 3.5% to $2875 per oz • Bulk commodities: Iron ore prices rose 1.4% in the past two weeks Spot Price Snapshot Key Price Moves Spot gold rose by 3...
$Gold Futures(JUN5) (GCmain.US)$remained around $2,690 per ounce on Monday, January 13th, holding near its highest level in nearly four weeks. The price of gold achieved a four-week winning streak last week, closing up 1.88% at $2,689.60 per ounce, marking the longest rising trend in over a month. Despite the continued strength of the US dollar and the persistent rise in US Treasury yields, gold has still managed to rise against the trend...
G'day, mooers! Check out the latest news on today's stock market! • U.S. markets were driven lower by tech giants. • Australian stocks open slightly lower. • Stocks to watch: STO, WDS, etc. Wall Street Summary On Friday, the stock market experienced a significant decline across major indexes. Despite$Apple (AAPL.US)$reaching a record high of $260 per share on Thursday, just shy of a $4 trillion market capi...
tessie : oh well FAFO. No pain, no gain.