Last Night's Market Recap
S&P 500 - Heatmap
Overnight Equities – US ends lower after jobs data, Apple weighs
Wall Street closed lower on Friday after a report of slowing U.S. labor market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple
Those big bellwether companies really have the potential to cause investor jitters even though overall the trajectory and direction of both the economy and corporate earnings seems to be positive moving into August
Those big bellwether companies really have the potential to cause investor jitters even though overall the trajectory and direction of both the economy and corporate earnings seems to be positive moving into August
The trading session was choppy, with the indexes rising in the morning, then wavering before turning negative.
On the bond market, the yield on the 10-year U.S. Treasury edged lower in afternoon trading.
Commodities
Bonds
The Day Ahead
SPI Futures 7254 (-0.12%)
Looking at a quiet start to the week with bank holidays in many states throughout Australia. This will likely add to the heaviness in the market as moves are generally more exaggerated in thin markets. The big miners may see some selling on the continued fall in Iron ore prices through 2 month lows as the promised Chinese stimulus has not arrived
AU reporting season kicks off with CBA, SUN, BLD the notable releases. Click here to see the ASX Earnings Calendar
Calendar
Economic
Earnings
Media - The COB on Ausbiz
