Pacific Perspectives
ASX to rise, S&P 500 extends rebound; New Hope’s profit soars
Australian shares are set to rise for a third consecutive day after all three US benchmarks lifted from an uptick in retail sales – a key barometer for consumer confidence. ASX 200 futures were 53…
Dow closes more than 300 points higher Monday, S&P 500 posts back-to-back gains: Live updates
Stocks rose on Monday, building on their comeback from a four-week rout on Wall Street exacerbated by President Donald Trump’s chaotic tariff policy rollout and falling consumer confidence. The S&P 500 gained 0.64% to close at 5,675.12,…
After such a relentless market correction, the relief rally faces a high burden of proof
It felt better, but did it mean anything? Friday’s zippy 2.1% bounce in the S&P 500, at minimum, interrupted one of the more relentless retrenchments from a record high Wall Street had seen. The index…
Optus has had some horror years, but its new CEO is taking on Telstra
From overhauling the books at Melbourne Storm to war gaming the impact of COVID-19 on the NBN, Stephen Rue is a solutions guy. Optus is his next big challenge. hen reports of a pandemic in…
Seven dilemmas after a year of investing dangerously
The markets have a way of hunting out hubris and dismantling it, pushing pain points to the limit. This month, that is precisely what they have done. At the end of last year, it was…
ASX to surge as investors pile back into battered Wall Street stocks
Investors are expected to pile back into the Australian sharemarket on Monday following the strongest rally on Wall Street since the US presidential election as traders stepped back into battered stocks. Futures trading on Friday…
S&P 500 closes in correction territory Thursday as stocks tumble again on Trump tariff threats: Live updates
Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump. The S&P 500 dropped 1.39% to settle at 5,521.52. The index ended the…
Stocks making the biggest moves midday: Intel, Tesla, Dollar General, Adobe, UiPath and more
Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle maker dropped more than 4%, marking the latest in a volatile string of sessions. Tesla jumped over the last two sessions after…
Sticky inflation data is a reminder of market’s stagflationary fear
What if President Donald Trump’s trade war and spending cuts send the US economy into a slowdown, but the Federal Reserve has to keep sitting on its hands? Investors got a reminder of the potential…
Australia’s top deal blocker strikes again, target’s shares drop 25pc
In case a market correction and nervous directors are not enough to stall merger and acquisition activity, Australia’s number one deal cruncher is back. Gina Cass-Gottlieb’s Australian Competition and Consumer Commission has blindsided ports giant…