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Finfeed Archived Jun 22, 2020
The S&P/ASX 200 index (XJO) finished the week at 5942 points, up from the previous Friday’s close of 5848 points, representing a week on week gain of 94 points, just over 1.6%.
Finfeed Archived Jun 18, 2020
The S&P/ASX 200 (XJO) gained 0.8% on Wednesday, building on the significant market spike on Tuesday, and perhaps laying the foundation for a strong week-on-week gain.
Finfeed Archived Jun 17, 2020
Yesterday’s surge of 222 points or 3.9% by the S&P/ASX 200 effectively erased approximately half of the losses incurred during the preceding three day rout.
Finfeed Archived Jun 16, 2020
The performance of global equities markets over the last 24 hours has demonstrated the volatility and unpredictability of the current situation which is still being influenced by economic factors and COVID-19 fears.
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Finfeed Archived Jun 15, 2020
After plummeting more than 1800 points on Thursday and dragging global indices with it, the Dow recovered on Friday, increasing 477 points or 1.9% to close at 25,605 points.
Finfeed Archived Jun 12, 2020
Financial markets have tumbled overnight amid fears of a second outbreak of the coronavirus and as investors digest the confronting forecast from the Federal Reserve.
Finfeed Archived Jun 11, 2020
A gauge of global stocks fell on Wednesday after the US Federal Reserve projected a sluggish recovery, while the Nasdaq hit a fresh all-time high.
Finfeed Archived Jun 10, 2020
With weakness across US, UK and European markets emerging overnight, it is likely that some profit-taking could emerge. The ASX SPI200 futures index is down 86 points, but this comes after strong week on week increases for XJO.
Finfeed Archived Jun 09, 2020
The S&P/ASX 200 (XJO) increased more than 4% last week, building on strong gains and suggesting that a period of consolidation is on the horizon.
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