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Pacific Perspectives

Stocks making the biggest moves midday: Intel, Biohaven, Nvidia and more

Check out the companies making headlines in midday trading: Intel — The struggling chip stock bounced into year-end, rising 1.2%. Intel has plunged just over 60% in 2024, making the stock poised to see its worst year on record and be the second-worst performer in the S&P 500. Nvidia — The artificial intelligence giant and retail… Read More »Stocks making the biggest moves midday: Intel, Biohaven, Nvidia and more

Reserve Bank rate cut hopes skirt federal election decider

The Reserve Bank will have sufficient comfort that high inflation has been defeated and cut interest rates in the first half of 2025, but relief for borrowers may not arrive until after Australians go to the polls in the federal election. Economists surveyed by The Australian Financial Review predict the RBA’s May… Read More »Reserve Bank rate cut hopes skirt federal election decider

Australia’s largest financial failure of 2024 that no one heard about

In the lead-up to Christmas our financial markets in Australia suffered a failure that almost went unnoticed. The failure concerned ASX Clearing & Settlement, which is the central clearing participant (CCP) for all Australian stock markets. It has a duty every day to net settle back to brokers the results of their… Read More »Australia’s largest financial failure of 2024 that no one heard about

‘Excellent return’: How much your super is expected to grow this year

Superannuation funds are on track to deliver their best performance in three years as soaring equities at home and abroad push returns firmly into the double digits as 2024 draws to a close. US stocks in particular helped fuel Australians’ retirement savings, with the continuing market frenzy to cash in… Read More »‘Excellent return’: How much your super is expected to grow this year

The economic lookout for 2025 is strong, but there’s still a lot that could go wrong

With a fair share of familiar obstacles and challenges ahead, 2025 will begin with a largely optimistic view for the U.S. economy. Elevated interest rates, potential weakening in the labor market and a likely volatile political climate on Capitol Hill are just some of the hurdles the nearly $30 trillion… Read More »The economic lookout for 2025 is strong, but there’s still a lot that could go wrong

ASX to forge ahead in rocky 2025 as bull market limps on

Brighter prospects for global growth and tamer inflation should lift Australian shares to record-breaking territory in 2025, but unlike the thunderous rallies of 2024, future gains will come with greater volatility. Equity strategists predict shares are set to capitalise on easier monetary settings, improved business sentiment and household rate relief.… Read More »ASX to forge ahead in rocky 2025 as bull market limps on

Dow falls more than 300 points Friday but breaks 3-week losing streak: Live updates

Stocks declined on Friday, led by technology names, but major indexes still posted a positive holiday week. The blue-chip Dow Jones Industrial Average shed 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six sessions. The S&P 500 fell 1.11% to 5,970.84. The Nasdaq Composite slid 1.49% to 19,722.03, as Tesla dropped about 5% and Nvidia fell… Read More »Dow falls more than 300 points Friday but breaks 3-week losing streak: Live updates