Market Pulse

Morning market update – 4 December

The Australian market looks set to open higher later this morning after Wall Street made moderate gains overnight, as energy and commodity shares rallied while data boosted confidence in the economy. The December SPI futures contract is up 10 points, at 5346. US companies added 208,000 workers in November. That followed a revised 233,000 gain


Morning market update – 3 December

  The SPI futures are pointing to a flat start later this morning despite US stocks performing strongly overnight. U.S. markets lifted more than half a per cent, as construction spending data boosted confidence in the economy. The December SPI futures contract is up three points, at 5293. Total US construction spending rose to an


Morning market update – 27 November

The Aussie market market looks set to open flat this morning following another lacklustre performance on Wall Street overnight after the release of disappointing economic data. The December SPI futures contract is down just two points, at 5405. The US Labor Department said weekly applications rose 21,000 to a seasonally-adjusted 313,000, the highest level since


Morning market update – 26 November

The Australian market looks set to open higher later this morning after Wall Street stocks fluctuated overnight; data showed the economy expanded more than previously forecast but that was offset by a drop in consumer confidence. The December SPI futures contract is up 12 points, at 5362. Commerce Department figures showed that US gross domestic


Morning market wrap

U.S. stocks rose overnight, extending all-time highs for benchmark indexes, as small-cap shares rallied amid growing confidence in the global economy. Best Buy Co. jumped 2.3 percent before the start of the holiday shopping season. Urban Outfitters Inc. advanced 5.4 percent, the most in the Standard & Poor’s 500 Index. Verizon Communications Inc. tumbled 1.4


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