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Wall Street week ahead: Fed minutes, jobs data, manufacturing PMI in focus

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Jobs

Wall Street kicks off the second half of 2024 with key jobs report in the week ahead

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Stocks have a lot to live up to in the second half of the year. At the halfway point of 2024, the major benchmarks...
Bussiness

Live: ANZ takeover of Suncorp Bank approved by treasurer as inflation jitters continue overseas

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How's your coffee going?Globally most of the attention this morning is on the US where their markets are awaiting personal consumption expenditure (PCE) data,...
Bussiness

Live: Market digests hot inflation data, expects to see a 1pc slump

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New companies listing on the sharemarket? Rare.Big brands, with high 'on the street' visibility doing an IPO? Even rarer.So there was intense interest and...
Bussiness

Live: Inflation accelerates in Canada weeks after cutting interest rates, ASX to fall ahead of local inflation data

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Good morning and welcome to Wednesday, June 26 — we're officially halfway through the week.It was a mixed result on Wall Street overnight, largely thanks to Nvidia snapping...
Bussiness

Live: Nvidia slides for third-straight session and takes the Nasdaq with it, as Dow hits one-month high

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Resources Minister Madeleine King was just interviewed on RN Breakfast about the Australian Energy Market Operator's warning that parts of the country faces a...
Bussiness

Live: ASX slips 0.2 per cent on weaker Wall Street close, supermarket reforms on the way

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Good morning and welcome to another week on the ABC markets and finance blog.Stephen Letts from ABC business team here, limbering up for a...
Jobs

Beware finance bros: AI is coming for banking before any other kinds of jobs, Citigroup warns

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Bad news for the one percent: According to a new exhaustive report from Citigroup, finance is on track to bear the brunt of AI-related...
Bussiness

Live: Nvidia loses title as world’s most valuable company to Microsoft, UK central bank keeps rates on hold

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My ABC News colleague David Taylor writes:On the first day of trading yesterday the Guzman y Gomez (GYG) stock jumped 36 per cent from...
Bussiness

Live: ASX to slip the day after interest rates decision, Nvidia overtakes Microsoft on value

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The S&P 500 and Nasdaq closed at record highs on Tuesday, buoyed by Nvidia's continued surge to new peaks, while the Dow ended barely...
Bussiness

Live: ASX set to slip as Wall St rally pauses

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Good morning and welcome to the working week.Stephen Letts from ABC business team limbering up for another blow-by-blow, post-by-post blog of the day's events...
Bussiness

Live: ASX to rise ahead of key employment data, US Fed flags one rate cut this year

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The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with...
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