Pacific Perspectives
Dow surges nearly 900 points for record close as investors rotate away from tech names: Live updates
The Dow Jones Industrial Average rallied to a fresh all-time high on Thursday, while the Nasdaq Composite underperformed as investors appeared to rotate out of chip names in favor of non-tech stocks. The 30-stock Dow…
ASX to rise, Goldman buys the dip
Australian shares are set to close the week on a positive note. In New York, the Dow leapt 1.7 per cent to reset its record high, propelled higher by UnitedHealth, Goldman Sachs and Merck. ASX…
Aussie bond market lures AI borrowers from Canberra to Dallas
The Australian bond market has established itself as a key source of funding for global companies. Now it’s enthusiastically feeding the AI funding frenzy. We were told it was coming and now it has truly…
New budget twist denies investors choice on CGT offsets
Tax specialists have uncovered a sleeper clause in the federal budget legislation that will inflate tax bills by stripping investors of the right to cherry-pick how they offset capital losses against gains. The provision forces…
S&P 500 futures tick lower as Wall Street awaits May jobs report: Live updates
S&P 500 futures ticked lower on Thursday night as traders looked ahead to the release of May’s jobs report. Futures tied to the broad market index slipped about 0.3%, while Nasdaq 100 futures dipped 0.5%.…
Thursday’s big stock stories: What’s likely to move the market in the next trading session
Record streaks at risk Source: https://www.cnbc.com/2026/06/03/thursdays-big-stock-stories-whats-likely-to-move-the-market.html
Do Labor’s tax changes make shares ‘uninvestable’? We ran the numbers
Geoff Francis, a former senior tax official at Treasury, caused a stir when he honed in on a highly technical but important point about the Albanese government’s changes to the capital gains tax discount, warning they could…
‘Peak pessimism’ for retail stocks lures investors back in
Investors are starting to buy back into beaten-up retail stocks, tempted by significantly cheaper valuations after soaring oil prices and higher interest rates triggered a brutal rout in the first half of the year. Consumer…
ASX to open lower
Australian shares are set to open lower, in line with losses on Wall Street amid renewed hostilities in the Middle East after Iran attacked Kuwait with drone strikes. The attacks killed one person and injured…
Dow closes 600 points lower as rising Treasury yields and oil prices pressure stocks: Live updates
Stocks fell on Wednesday, with the S&P 500 snapping a nine-day win streak, as oil prices and Treasury yields moved higher amid worries the U.S.-Iran conflict could keep lifting inflation. The 30-stock Dow Jones Industrial Average pulled back 620.72…