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Before the Bell

Today

Bank of America forecasts that the S&P 500 will end 2025 at 6666 – a rough 10 per cent advance.

ASX to rise on prospect for bolder China stimulus, Wall St slips

Australian shares are set to open higher. BHP, Rio surge in New York. Iron ore, oil, gold gain. Bitcoin stumbles. Nvidia drags Nasdaq lower.

  • Timothy Moore

This Month

Bank of America forecasts that the S&P 500 will end 2025 at 6666 – a rough 10 per cent advance.

S&P 500 resets record closing high for 57th time

The record run higher in US equities is intact after November’s jobs report reassured investors that the Fed is still on track to cut rates this month.

  • Timothy Moore
Bank of America forecasts that the S&P 500 will end 2025 at 6666 – a rough 10 per cent advance.

ASX to slip, Wall St edge down with payrolls awaited

Australian shares are set for modest opening losses. November US jobs data in focus. Bitcoin slides below $US100,000.

  • Timothy Moore
US equities’ dominance forecast to extend into 2025.

ASX to edge up, S&P 500 and Nasdaq lift on techs

Australian shares are set to open modestly higher. The magnificent seven power ahead. Iren surges, Atlassian leaps on Amazon deal. Bitcoin rallies.

  • Timothy Moore
US equities’ dominance forecast to extend into 2025.

ASX to slip, S&P 500 edges up, bitcoin swings

Australian shares are set to open lower. US equities were turning modestly positive late. Apple extends advance. South Korean assets drop.

  • Timothy Moore
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The New York Stock Exchange.

ASX to rise, Apple resets record high as techs rally

Australian shares are set to open higher. The Nasdaq paced gains in New York as the megacap techs advanced. US dollar stronger. Bitcoin struggled.

  • Timothy Moore

November

The New York Stock Exchange.

S&P 500, Dow close at record highs as techs rally

Nvidia and Apple paced the advance as Wall Street finished the month with one final push higher. Bitcoin faded another move towards $US100,000.

  • Timothy Moore
The New York Stock Exchange.

ASX to slip, European tech stocks advance

Australian shares are set to open down. France’s political crisis pressures bond yields. Wall St closed for Thanksgiving. Commodities modestly higher.

  • Timothy Moore
The New York Stock Exchange.

ASX to rise, techs drag Wall St lower, bitcoin tops $US97,000

Australian shares are set to edge higher. The magnificent seven lagged after Dell, HP and CrowdStrike misses. Iren surges. Oil slipped. Gold was steady.

  • Timothy Moore
The New York Stock Exchange.

ASX to rise, S&P 500 higher, bitcoin slumps below $US92,000

Australian shares are set to open up with all three US benchmarks advancing late in the session. Monthly CPI awaited. RBNZ poised for another big rate cut.

  • Timothy Moore
The New York Stock Exchange.

ASX to rise, Dow paces Wall St advance, bitcoin slips

Australian shares are set to open higher. US equities rallied to start their shortened week. US bond yields tumble. Oil, gold drop. Bitcoin stalls.

  • Timothy Moore
The New York Stock Exchange.

Dow paces gains on rotation, bitcoin briefly above $US99,600

US equities were higher as investors opted to boost their holdings of blue-chip and small-cap stocks. Gold, oil rally on rising geopolitical tensions.

  • Timothy Moore
The New York Stock Exchange.

ASX to rise, Dow advances, bitcoin briefly tops $US98,000

Australian shares are set to open higher. Commodities gained as the Ukraine-Russia war intensified. Nvidia edges up, bitcoin tops $US98,800.

  • Timothy Moore
The New York Stock Exchange.

ASX to slip, Wall St awaits Nvidia, bitcoin surges

Australian shares are set to open modestly lower. Nvidia edged lower and tech stocks lagged in New York. Bitcoin’s rally accelerates anew.

  • Updated
  • Timothy Moore
The New York Stock Exchange.

ASX to fall as geopolitical tensions rise, Nvidia rallies

Australian shares are set to open lower amid a renewed focus on Russia’s war against Ukraine. Nasdaq advances on techs. Bitcoin tops $US94,000.

  • Timothy Moore
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The New York Stock Exchange.

ASX to rise, Tesla paces Nasdaq advance

Australian shares are set to edge higher. Shares in the EV maker got another Trump boost. Nvidia in focus. Oil, gold and iron ore each rebound.

  • Updated
  • Timothy Moore
The New York Stock Exchange.

US stocks slump on Trump trade rate-reality check

The Nasdaq paced losses as Amazon, Meta and Nvidia tumbled after strong retail sales data bolstered the case for the Fed to slow the pace of interest rate cuts.

  • Updated
  • Timothy Moore
The New York Stock Exchange.

ASX to rise, Powell further dents rate cut hopes

Australian shares were set to open higher. US stocks extended losses after the Fed boss said the economy’s strength signalled there was no hurry to cut rates.

  • Updated
  • Timothy Moore
The New York Stock Exchange.

ASX to rise, Wall St edges up, bitcoin eases after topping $US93,000

Australian shares are set to open higher. US October CPI lifts bets on December rate cut. Bitcoin extends its record run. US stocks fluctuate.

  • Timothy Moore
The New York Stock Exchange.

ASX to drop, US equity rally runs out of steam

Australian shares are set to shed near 1pc, as overseas equities fell. Tesla surge ends. Bitcoin consolidates. Gold extends retreat. US CPI awaited.

  • Timothy Moore