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 closed at 8201.2, up 0.5 per cent or 42 points. The bourse spent a brief… Read More »ASX lifts in first day of 2025 trade, energy stocks rally
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 thought stocks would perform anywhere near as well as they did, up 23 per cent… Read More »Stock bears are becoming extinct. Is it time to worry?
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 at 42,392.27. The S&P 500 fell 0.22%, finishing at 5,868.55. The Nasdaq Composite slipped 0.16% to 19,280.79. The S&P… Read More »Stocks close lower in volatile start to 2025 as S&P 500 losing streak grows
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
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 week. US stock futures were modestly lower, while Asian futures were mixed in a narrow… Read More »ASX poised to open lower, bitcoin edges higher
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
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 a recent Allianz Life survey. CNBC reached out to certified financial planners on its Financial Advisor… Read More »5 advisors offer important tips for managing your money in 2025
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
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
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