Australian Market Significantly Lower

RTTNews | Pred 962 dňami

(RTTNews) - The Australian stock market is significantly lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 6,700 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors, led by financial stocks, amid surging global bond yields.

The benchmark S&P/ASX 200 Index is losing 50.00 points or 0.74 percent to 6,680.70, after hitting a low of 6,667.60 earlier. The broader All Ordinaries Index is down 46.10 points or 0.67 percent to 6,872.60. Australian markets ended significantly lower on Thursday.

Among major miners, Mineral Resources is edging down 0.3 percent and Rio Tinto is losing almost 1 percent, while OZ Minerals is edging up 0.4 percent. Fortescue Metals and BHP Group are flat.

Oil stocks are mostly lower. Origin Energy is losing 2.5 percent, while Woodside Energy and Santos are edging down 0.2 to 0.4 percent each. Beach energy is adding more than 1 percent.

Among tech stocks, Appen is losing more than 1 percent, WiseTech Global is declining almost 2 percent and Xero is down almost 1 percent, while Afterpay owner Block is gaining almost 1 percent. Appen Zip is flat. Among the big four banks, National Australia Bank and ANZ Banking are losing almost 2 percent each, while Commonwealth Bank and Westpac are declining more than 2 percent each.

Gold miners are mixed. Newcrest Mining is edging down 0.1 percent and Evolution Mining is declining almost 3 percent, while Resolute Mining is gaining more than 1 percent and Gold Road Resources is adding almost 1 percent. Northern Star Resources is flat.

In the currency market, the Aussie dollar is trading at $0.627 on Friday.

On Wall Street, stocks showed a significant downturn over the course of the trading session on Thursday after failing to sustain an early rally. The major averages pulled back well off their highs of the session and into negative territory.

The major averages all closed in the red, although the Dow posted a relatively modest loss. While the Nasdaq fell 65.66 points or 0.6 percent to 10,614.84 and the S&P 500 slid 29.38 points or 0.8 percent to 3,665.78, the narrower Dow dipped 90.22 points or 0.3 percent to 30,333.59.

Meanwhile, the major European markets moved to the upside over the course of the session. While the French CAC 40 Index advanced by 0.8 percent, the U.K.'s FTSE 100 Index and the German DAX Index rose by 0.3 percent and 0.2 percent, respectively.

Crude oil futures for November delivery settled higher on their expiration day as traders weighed energy demand and supply positions. West Texas Intermediate Crude oil futures for November rose $0.43 or 0.5 percent at $85.98 a barrel on the expiration day. But WTI Crude oil futures for December eased to $84.51 a barrel.

Canadian Market Up Marginally In Cautious Trade

After a flat start and a subsequent drop to lower levels, the Canadian market emerged into positive territory about an hour past noon on Monday, but remains somewhat subdued with investors seeming reluctant to make significant moves. The mood is cautious as investors await U.S. - China trade talks in London.

RTTNews | Pred 31 minútami

European Stocks Close Weak After Cautious Session

European markets settled lower on Monday after a subdued performance as investors awaited the outcome of U.S.-China high-level trade talks in London. Also, a lack of regional economic data and earnings news contributed to the cautious mood in the markets.

RTTNews | Pred 59 minútami

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.

RTTNews | Pred 4 h 45 min

Bay Street May Open Slightly Higher

Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices.. The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.

RTTNews | Pred 6 h 37 min

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.

RTTNews | Pred 7 h 49 min

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.

RTTNews | Pred 8 h 10 min

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.

RTTNews | Pred 8 h 31 min

Sensex, Nifty End Modestly Higher; Banks And Financials Surge

Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | Pred 8 h 41 min

EURUSD	1.14296	GBPUSD	1.35641	AUDUSD	0.65253
USDJPY	144.532	USDCAD	1.36776	USDCHF	0.82106

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Australian Market Significantly Lower