Morning Report 28 Jun 24: ASX to consolidate following recent retreat

US sharemarkets inched higher on Thursday as investors awaited fresh US inflation data. Megacap stocks firmed as US Treasury yields slipped after a continued slowdown in US economic data, with Alphabet and Meta Platforms rising 0.8% to 1.3%. Amazon.com lifted 2.2%. Server maker Super Micro Computer jumped 7.1%, leading gains on the S&P 500 index. Micron Technology tumbled 7.1% after an in-line fourth-quarter revenue forecast disappointed investors hoping for more upside from the memory chipmaker's performance in the artificial intelligence boom. Walgreens Boots Alliance slumped 22.2% after slashing its guidance. The Dow Jones index rose by 36 points or 0.1%, the S&P 500 index also gained 0.1% and the Nasdaq index added 53.5 points or 0.3%.
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Пікірлер: 4

  • @habibjavi3060
    @habibjavi30606 күн бұрын

    Mr Trump😂?! Don’t be shy, it’s former president Trump😅

  • @unclenick1968
    @unclenick19686 күн бұрын

    Up, but again mostly sideways today?

  • @kevingupta7091

    @kevingupta7091

    6 күн бұрын

    Depends on your individual stocks. The prediction is usually generalised across the full market.

  • @unclenick1968

    @unclenick1968

    5 күн бұрын

    XJO, CBA, but No Unicorns and No mining. Don't understand mining.