Latest news with #StephChalmers
ABC News
01-05-2025
- Business
- ABC News
Markets live updates: Wall Street continues to regain tariff loses, Amazon disappoints
US stocks have continued to reclaim ground from their post-tariff losses, with the S&P 500 gaining for an eighth straight session to reach its highest level since April 2. Amazon's shares fell in extended trade as its cloud revenue growth missed Wall Street's expectations and tariff uncertainty weighed. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice. Key Events 34m ago 34 minutes ago Thu 1 May 2025 at 9:37pm Submit a comment or question Log in to comment Live updates Latest Oldest Pinned 47m ago Thu 1 May 2025 at 9:24pm Market snapshot S By Stephanie Chalmers ASX futures: -0.4% to 8,130 points Australian dollar: -0.1% to 63.79 US cents S & P 500: +0.6% to 5,604 points Nasdaq: +1.5% to 17,710 points FTSE: flat at 8,496 points EuroStoxx: flat at 527 points Spot gold: -1.4% to $US3,240/ounce Brent crude: +1.3% to $US61.88/barrel Iron ore: +0.1% to $US96.25/tonne Bitcoin: +0.2% to $US96,640 Prices current around 7:15am AEST. Live updates on major ASX indices: Key Event 34m ago Thu 1 May 2025 at 9:37pm US stocks continue streak of gains S By Stephanie Chalmers Good morning! Steph Chalmers joining you for the first few hours of our markets blog this Friday. And it was another positive day for US stocks, with the S & P 500 rising for an eighth consecutive session . It was the highest close of the index since April 2 . Results from Meta and Microsoft released after the Wall Street close yesterday boosted market sentiment, as they did during the Australian session on Thursday, when tech and data centre-related stocks led the gains. However, Apple and Amazon have now released their results and shares are down in after-hours trade so the mood may sour. We'll bring you across the detail shortly.
ABC News
23-04-2025
- Business
- ABC News
Markets live updates: ASX poised to follow Wall Street, European stocks higher on softer Trump stance
The drivers of optimism on the ASX yesterday have spilled over to global markets, with Wall Street and Europe finishing with strong gains. Australian futures are pointing to another positive session locally. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice. Key Events 20m ago 20 minutes ago Wed 23 Apr 2025 at 9:36pm Submit a comment or question Log in to comment Live updates Latest Oldest Pinned 39m ago Wed 23 Apr 2025 at 9:17pm Market snapshot S By Stephanie Chalmers ASX futures: +0.2% to 7,946 points Australian dollar: -0.1% to 63.51 US cents S & P 500: +1.7% to 5,375 points Nasdaq: +2.5% to 16,708 points FTSE: +0.9% to 8,403 points EuroStoxx 600: +1.8% to 516 points Spot gold: -2.8% to $US3,288/ounce Brent crude: -1.9% to US$66.16/barrel Iron ore: flat at $US100.25/tonne Bitcoin: +0.2% to $US93,892 Prices current around 7:15am AEST . 4m ago Wed 23 Apr 2025 at 9:52pm Strong gains on Wall Street S By Stephanie Chalmers Let's take a look at how the major US indices closed earlier this morning: Dow Jones +1.1% Nasdaq +2.5% S & P 500 +1.7% Things were looking even better earlier in the session, however. Here's how the S & P tracked over the day: S&P 500 on Wednesday (US time) (LSEG Refinitiv) And it's also worth zooming out to see how markets are tracking since the tariff turbulence really kicked into gear at the start of April: S&P 500 three-month chart (LSEG Refinitiv) Key Event 20m ago Wed 23 Apr 2025 at 9:36pm Positive mood on markets on China deal hopes S By Stephanie Chalmers Good morning, Steph Chalmers here again to take you through the start of the trading day on our markets live blog. It was a strong session for global stocks overnight, with strong gains in Europe and Wall Street also closing higher . Despite the decent gains, US indices closed off their highs , with an even bigger rally earlier in the session. The major news boosting markets emerged during Australian and Asian trade yesterday — , sparking hopes of a deal, and walking back his attack on Federal Reserve chair Jerome Powell . Locally, the ASX looks set to edge higher, with SPI 200 futures up 0.2 per cent . Stick with us!
