Pacific Perspectives
S&P 500, Nasdaq snap five-day losing streak, but still close lower on the week: Live updates
Stocks closed higher Friday as Wall Street recovered following a shaky start to the new year. The S&P 500 closed up 73.92 points, or 1.26%, at 5,942.47, and the Dow Jones Industrial Average advanced 339.86 points, or 0.8%, to…
5 things to know before the stock market opens Thursday
Here are five key things investors need to know to start the trading day:
The meme stock moments that gripped Australian investors in 2024
A little-known ASX defence stock and the return of a former finance darling captured the attention of Australian retail investors in 2024, a year that also marked the revival of the meme stock mania that…
ASX lifts in first day of 2025 trade, energy stocks rally
The Australian sharemarket returned to the green on the first day of 2025 trading, buoyed by a bout of momentum trading and a rally in energy stocks. Following a choppy morning session, the S&P/ASX 200…
Stock bears are becoming extinct. Is it time to worry?
It’s that time of year when Wall Street soothsayers look ahead 12 months and try to divine the path of US stocks. Last year at this time, no one writing for a major sell-side firm…
Stocks close lower in volatile start to 2025 as S&P 500 losing streak grows
Stocks slid on Thursday in a choppy first trading session of the new year, as the slump to end 2024 extended into January. The blue-chip Dow Jones Industrial Average traded down 151.95 points, or 0.36%, to close…
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…
ASX poised to open lower, bitcoin edges higher
Australian shares are poised to fall in line with a mixed end to 2024 trading in Europe and mostly modest losses in New York. Trading volume is expected to be subdued at least until next…
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…
5 advisors offer important tips for managing your money in 2025
Personal finances are top of mind for many households as they get set to ring in the new year. About 38% of Americans ranked financial stability as their No. 1 focus area for 2025, according to…