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Tech rout on Snap profit warning, Lottery Corp debuts: ASX up 0.1% at noon

24 May 2022 - Australian technology giants tumbled after investors pressed the sell button on Snap’s missed earnings, sending the Nasdaq futures lower as concerns mount about the t…

Snap dives 28% pulling ASX tech giants lower on rising inflation

24 May 2022 - Snap’s share price dived over 28% after an earnings miss, warning investors of a hiring slowdown with the Nasdaq futures falling 1.3% as investors fret about tech gia…

Mining giants put a lid on losses, RBA won't sell bonds: ASX closes 0.1% higher

23 May 2022 - The ASX eked out a gain after hearing that Beijing reported a record number of Covid-19 cases, renewing concerns the capital may face another lockdown. Beijing report…

Labor pledges tax break for EV cars, Iron ore snaps 4-wk losing streak on China policy hopes

23 May 2022 - An overview of the iron ore price, what happened, and what it means for the ASX today, including Fortescue Metals (ASX:FMG), Imdex (ASX:IMD), Mineral Resources (ASX:M…

ASX closes up 1.2%, buoyed by tech: Aus shares snap 4-week losing streak

20 May 2022 - The ASX ended the week on a high, bouncing back from Thursday’s losses as Aussie investors shrugged off declines on Wall Street ahead of the Federal election tomorrow…

Recession fears trigger equities rout, leaving retailers in the dust: ASX closes 1.7% lower

19 May 2022 - More pain for investors as a wave of selling on recession and inflation fears exacerbated by profit misses from retail giants Target and Walmart hit US markets, with …

Jobless rate to 3.9%, Aristocrat jumps as retailers tumble, inflation haunts: ASX dives 1.5% at noon

19 May 2022 - Consumer staples and discretionary stocks are leading the dive on the Australian sharemarket, shrugging off the improved labour market, giving back 3 days of gains.

Wage print prompt concerns on 40bp rise, Sayona soars 22% in 3 days: ASX up 0.7% at noon

18 May 2022 - Australian shares are on track to continue its winning streak for its 4th straight day after taking a strong lead from Wall St. The local index trimmed back its gains…

China's economy slumps in April: ASX closes 0.3% higher

16 May 2022 - Australian shares struggled to maintain their early morning rally after China revealed that it had suffered an 11.1 per cent drop in retail sales during April, which …

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…

Tech stocks lead Friday's rally: ASX down 1.8% over the week

13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…

Tech bulls roar after savage fall, Block, BHP, Telstra pop: ASX jumps 1.5% at noon

13 May 2022 - Australian shares are on track to close the week lower for its fourth week despite a risk on mode lifted by information tech. A much welcomed reprieve after yesterday…

Healthcare leads, NAB drops on ex-div: ASX fights back, closes 0.2% higher

11 May 2022 - After a volatile session, the Australian sharemarket made a comeback in the afternoon and closed in positive territory despite a rough start to the day and week. This…

Tech drags, GrainCorp falls despite profit jump, Magellan names new CEO: ASX down 0.2% at noon

11 May 2022 - The ASX opened lower before easing back some losses at lunchtime despite tech, financials and energy stocks still weighing on the index. This comes after Wall Street …

Property, tech & materials weigh: ASX closes 1.2% lower

09 May 2022 - The ASX spent Monday's session in negative territory after a decline on Wall Street sent Aussie shares tumbling. The local bourse was weighed down by property, which …

ASX suffers worst day in 2.5 months on recession fears, panic-selling causes 3.2% tumble over week

06 May 2022 - Australian shares had an ugly day as investors sold off on fears that the pace of the interest rate hiking cycle would send the economy into a recession. Investors le…

Recession fears intensify as RBA upgrades inflation outlook: ASX sinks 2.4% to 2-month low at noon

06 May 2022 - Australian shares dived to its lowest level since 17 March in a broad-based rout led by information tech as recession fears intensified. Only a handful of stocks are …

Tech & energy rebound: ASX snaps 3-day losing streak, closes 0.8% higher

05 May 2022 - The ASX snapped its three-day loosing streak and rebounded to positive territory thanks to a boost in tech and resource stocks. The clarity from the Federal Reserve’s…

Tech & resources charge ahead: ASX rebounds, up 0.6% at noon

05 May 2022 - The ASX is rallying after three straight days of declines as technology and resources stocks charge ahead. The clarity from the Federal Reserve’s reassurance around a…

Relief-rally on Wall St, NAB, Iress, Ramsay, Janus Henderson, FMG, Graincorp on watch: ASX to rise

05 May 2022 - Wall St soars in celebration of Fed Chair ruling out bigger rate hikes after plating a 50 basis point hike this morning. ASX faded into the close in anticipation of t…

Wall St gains, Ramsay, ANZ, Fortescue, Macquarie, Mirvac, Flight Centre on watch: ASX to rise

04 May 2022 - A choppy performance on Wall St as stocks held onto its gains ahead of the FOMC rate decision tomorrow. China and Japan shut for holidays. ASX closed in negative terr…

Tech leads ASX tumble, Travel stocks lift: Aus shares close 1.2% lower

02 May 2022 - The ASX had a rough session today ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. Meanwhile, a weak lead from Wall Street sent Aussie …

REX roars at Qantas on take-off, Tech rout, inflation rips ahead of RBA meet: ASX dives 1.6% at noon

02 May 2022 - Australian investors climb the wall of worries ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. This followed a negative lead from Wall…

ASX ends April with its best 2-day performance, closes 1.1% higher but with a weekly fall of 0.5%

29 Apr 2022 - The ASX had a buoyant session led by technology, communication services and consumer discretionary, while materials added the least in a broad-based rally. The Aussie…

Tech rallies, PointsBet jumps 9%, ResMed tumbles: ASX up 0.8% at noon

29 Apr 2022 - The ASX is on track to close higher after advancing in the early trade, following a strong lead from Wall Street. All sectors are in positive territory, led by the te…