Overseas Market Report A broad-based rally has pushed the S&P 500 and the Nasdaq to record high closes for the second straight session as a trade agreement reached between the US and Mexico buoyed investor sentiment. Technology stocks led the Nasdaq above the...
Traders Edge – Monday 27th August
Overseas Mkt Report The benchmark S&P 500 stock index has clinched its longest bull-market run, closing above its previous January high, as Federal Reserve Chairman Jerome Powell affirmed the US central bank's current pace of rate hikes. The S&P had last...
Traders Edge – Friday 24th August
Overseas Market Report Wall Street's major indexes fell as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China. Despite ongoing talks, the two countries imposed tariffs on $US16 billion ($A22 billion)...
Traders Edge – Thursday 23rd August
Overseas Market Report US stocks have closed mixed, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull market run. The legal woes of two former advisers to US President Donald Trump contributed...
Traders Edge – Wednesday 22nd August
Overseas Market Report The benchmark S&P 500 has touched a record high and equalled its longest ever bull-market run, as US stocks rose on earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China. The...
Traders Edge – Tuesday 21st August
Overseas Market Report Wall Street's major indexes have risen on optimism over trade talks between the United States and China, though they fell from session highs after President Donald Trump criticised the Federal Reserve for raising interest rates. US stocks moved...
Traders Edge – Monday 20th August
Overseas Market Report US stocks have closed higher with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico....
Traders Edge – Friday 17th August
Overseas Market Report US stocks have rebounded with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence. A broad rally pulled all three major US indexes higher following Wednesday's...
Traders Edge – Thursday 16th August
Overseas Market Report Wall Street has fallen in a day of heavy trading, with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries. Chinese technology company...
Traders Edge – Wednesday 15th August
Overseas Market Report Wall Street's three major indexes have risen with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion....