Pacific Perspectives
Dow falls more than 170 points, Nasdaq loses nearly 2% as Nvidia leads tech selloff: Live updates
Stocks fell Tuesday as strong economic data raised questions about the possibility of Federal Reserve rate cuts later this year, leading to a spike in Treasury yields. Declines across major tech stocks also dragged the…
The stock market is losing juggernaut status as 2025 begins, but that doesn’t mean bull is over
The stock market enters 2025 looking something like the Kansas City Chiefs. The S&P 500 is coming off consecutive 20% annual gains, the Chiefs were winners of the past two Super Bowls. Fans of both are rabid…
Top super investors dash pre-election rate cut hopes
Superannuation investment managers predict the Reserve Bank will not cut rates until the middle of the year, but say investors should remain cautiously optimistic about the economy in 2025 despite continued inflation and potential volatility…
How this $159b fund is profitably riding the ‘untethered’ sharemarket
Colonial First State’s head of investments Al Clark says a sharemarket bubble is brewing. But rather than selling, it is staying invested and ready for “damage control”. Al Clark once sat through a lunch with…
Veteran financial crash survivor warns of 2025 Wall Street bubble
One of Australia’s best-known contrarian investors Willy Packer warned against jumping into US shares this late in the cycle arguing the risk of loss is simply too big to chance at current prices. Mr Packer, who…
S&P 500, Nasdaq post back-to-back gains on Monday as Nvidia shares rise: Live updates
The S&P 500 climbed alongside the Nasdaq Composite on Monday for back-to-back wins, as Wall Street rebounded from a losing week and chipmakers surged. The broad market index advanced 0.55% to end at 5,975.38, and the Nasdaq Composite added…
Why it’s time to tweak your investments after lofty stock returns in 2024
Stocks soared in 2024. Congratulations! After taking a victory lap, it may be time to adjust your portfolio — because those heady returns likely threw your investment allocations out of whack. The S&P 500, a stock index…
ASX to rise, Australian dollar under pressure
A sinking Australian dollar could drive petrol prices higher and rekindle domestic inflationary pressures, putting Reserve Bank interest rate relief potentially further out of reach. Coming off a 9 per cent annual decline in 2024,…
ASX to rise; Insignia mulls fresh bid from CC Capital
Australian shares are poised to rise at the open after Wall Street reversed a five-session losing streak on Friday that had shaved almost $US1 billion ($1.6 billion) off the greenback’s market capitalisation. ASX futures predicted…
Investors probe ASX laggards as hunt for 2025 winners begins
Traders raced to snap up Australia’s most unloved shares as the new year ticked over, seeking out bargains after a lacklustre year for the sharemarket in which mining and energy companies took a beating. Australian…