Wall Street lifts on surging oil prices, trade optimism hampered by defensive stocks

Wall Street lifts on surging oil prices, trade optimism hampered by defensive stocks

Updated May 15, 2018 08:29:54 Australian shares are expected to open without much momentum this morning, despite a mildly positive finish on Wall Street overnight. Markets at 7:10am (AEST): ASX SPI 200 futures flat, ASX 200 (Monday close) +0.3pc to 6,135 AUD: 75.22 US cents, 55.46 British pence, 63.07 Euro …

Turnbull Government announces review into fuel security as emergency stocks dwindle

Turnbull Government announces review into fuel security as emergency stocks dwindle

Posted May 07, 2018 10:13:44 Photo: Australia will review its fuel security amid reports the country has less than 50 days fuel remaining. (Supplied: ExxonMobil) The Turnbull Government has announced a review into Australia’s fuel reserves amid fears the country has just days of emergency stocks remaining. Federal Energy Minister …

Wall Street: Nasdaq surges on Apple and technology stocks rally

Wall Street: Nasdaq surges on Apple and technology stocks rally

Posted May 02, 2018 07:48:32 Australian shares are expected to open flat or slightly higher, as Wall Street ended its day mixed. Markets at 7:10am (AEST): ASX SPI 200 futures +0.1pc, ASX 200 (Tuesday close) +0.5pc to 6,015. AUD: 74.88 US cents, 54.99 British pence, 62.44 Euro cents, 82.27 Japanese …

Google, Apple and Caterpillar stocks plunge, Dow Jones sinks 425 points

Google, Apple and Caterpillar stocks plunge, Dow Jones sinks 425 points

Updated April 25, 2018 08:51:45 Wall Street finished its day sharply lower, with a broad sell-off in nearly every sector — particularly materials, technology and industrials. Markets at 7:25am (AEST): ASX SPI 200 futures -0.6pc, ASX 200 (Tuesday’s close) +0.6pc at 5,922 AUD: 76.01 US cents, 54.35 British pence, 62.13 …

Stocks set for second week of gains

Stocks set for second week of gains

World stocks have dipped but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices fizzled out. The MSCI All-Country World Index, which tracks shares in 47 countries, was down 0.3 per cent. Losses by the …

Wall Street sinks on tobacco and technology stocks tumble

Wall Street sinks on tobacco and technology stocks tumble

Posted April 20, 2018 07:32:38 Australian shares are set to fall at the open, after a tumble on Wall Street led by consumer staples and technology stocks. Markets at 7:05am (AEST): ASX SPI 200 futures -0.1pc, ASX 200 (Thursday’s close) +0.3pc at 5,881 AUD: 77.27 US cents, 54.83 British pence, …

Netflix, Amazon, Twitter and technology stocks boost Wall Street

Netflix, Amazon, Twitter and technology stocks boost Wall Street

Posted April 18, 2018 07:30:36 Australian shares are set to open higher, following another strong day for US markets boosted by technology stocks. Markets at 7:05am (AEST): ASX SPI 200 futures +0.4pc, ASX 200 (Tuesday’s close) flat at 5,841 AUD: 77.69 US cents, 54.37 British pence, 62.8 Euro cents, 83.15 …

Wall Street loses momentum after FBI raid, Facebook and tech stocks rebound

Wall Street loses momentum after FBI raid, Facebook and tech stocks rebound

Updated April 10, 2018 08:37:02 After an initial surge, Wall Street gave up most its gains in late afternoon trade following a report that the Federal Bureau of Investigation raided the office of President Donald Trump’s personal lawyer. Markets at 7:15am (AEDT): ASX SPI 200 futures -0.1pc, ASX 200 (Monday’s …

Tech stocks rebound, New York Stock Exchange welcomes Spotify with wrong flag

Tech stocks rebound, New York Stock Exchange welcomes Spotify with wrong flag

Updated April 04, 2018 08:46:12 Photo: Music streaming service Spotify made its market debut via a direct listing. (REUTERS/Christian Hartmann/File Photo) US markets have made back ground in the wake of yesterday’s heavy tech-led sell-off, while Spotify began its life as a publicly listed company. Markets at 7:50am (AEST): ASX …