Australian shares are poised to hit a seven-month low to start Tuesday, following heavy losses in New York as recession worries hit growth stocks. ASX 200 futures were down 70 points, or by 0.9 per cent, predicting the index would dip below 7900 for the first time since August. Futures… Read More »Wall Street plunges as recession risks spike
S&P 500 futures were relatively unchanged on Monday night after concerns that a recession would hit the U.S. economy sparked a broad sell-off in the market. Futures tied to the S&P 500 hovered around the flatline, while Nasdaq-100 futures dropped 0.2%. Futures tied to the Dow Jones Industrial Average rose 22 points, or about 0.1%.… Read More »S&P 500 futures are little changed after recession fears triggered a market sell-off: Live updates
The market’s message and intentions are always worth debating — especially so during an intense pullback, with cacophonous policy headlines and piqued investor emotions animating the action day to day. Here’s an assessment of the weight of the evidence, after another rough week — but one that ended in a… Read More »Handicapping the next move for a stressed bull market
Russell Clark was one of the world’s most bearish, and successful, hedge fund operators. After four years, he sees plenty of pain and is back for a second act. Not all big shorts end up being featured in The New York Times bestsellers and Hollywood films. The traders who made millions betting on… Read More »An Australian perma bear ends retirement as markets turn upside down
Myer’s share price could double and investors are underestimating the prospects that the department store could become a powerhouse as it transforms into a much larger retailer with a portfolio of brands. That’s the view of analysts at Morgan Stanley, who told their clients this week that Myer’s share price… Read More »Myer shares could double if Olivia Wirth gets it right: Morgan Stanley
The Australian sharemarket will open higher after a tumultuous week during which it sold off sharply with investors gripped by uncertainty over the Trump administration’s trade and tariff plans. Tariffs of 25 per cent on Australian steel and aluminium sent to the United States are expected to start on Wednesday,… Read More »ASX to rise as investors face uncertain week with tariffs set to start
The Trump administration’s tariff policy rattled stocks last week, and uncertainty weighed on the major averages. Amid the ongoing volatility, investors seeking stable returns can consider adding some dividend stocks to their portfolios. The recommendations of top Wall Street analysts could help inform investors as they pick stocks that have… Read More »Top Wall Street analysts are bullish on these dividend stocks
Check out the companies making headlines in midday trading: Victoria’s Secret — Shares declined 8.2% after the lingerie retailer issued lighter-than-expected guidance for the first quarter. Victoria’s Secret sees revenue coming in between $1.3 billion and $1.33 billion during the period, while analysts polled by LSEG had estimated $1.39 billion. Management… Read More »Stocks making the biggest moves midday: Marvell Technology, Amazon, Zscaler, Teladoc and more
A large wind and battery project planned by an affiliate of Andrew Forrest’s Squadron Energy has failed to secure access to the transmission grid in a renewable energy zone in NSW even after winning federal underwriting support, according to sources. A lack of coordination between the federal and NSW government… Read More »Renewables logjam hits NSW transmission grid
News on the death of dividend investing seems to be everywhere. The yield on the ASX 200, at about 3.5 per cent, is now firmly below term deposit rates and less than half the rates offered by private credit providers. Even much less risky bonds are trading at significant yield… Read More »Dividend investing isn’t dead. These 4 charts and 8 stocks prove it