Australian (ASX) Stock Market Forum

Tomorrow's trading on the ASX?

The S&P/ASX 200 closed 60.6 points higher, up 0.76%..
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always good when 4:10 close goes higher
 
ASX 200 futures are trading 4 points higher, up 0.05%, as of 8:30 am AEST.
Major US benchmarks finished mixed overnight as the market looks ahead to Nvidia earnings and more inflation data, gold marks a record close, US July durable goods orders surprises to the upside and another massive day for corporate earnings ... BHP WDS COL ..

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Market Index - Tuesday Evening Wrap

The S&P/ASX 200 closed 13.3 points lower, down 0.17%.

A small loss for the S&P/ASX 200, perfectly manageable considering its resounding recovery since the now distant memory of the "August Carry Trade Correction". Or whatever they will call it.
Still, there was plenty bubbling under the surface as earnings bombs (Johns Lyng Group (JLG) (-27%), Lovisa (LOV) (-13%), Helloworld Travel (HLO) (-9.6%), Droneshield (DRO) (-8.2%), and Zip Co. (ZIP) (-7.9%)) plus beats (Nanosonics (NAN) (+22.6%), Chrysos Corporation (C79) (+7.1%), and Woodside Energy Group (WDS) (+3.9%)) kept investors on their toes.
Energy was good, on the back of that Woodside result, as was Resources on a resurgent iron ore price. I've got all of the key moves for your in both sectors, as well as detailed technical analysis on iron ore and uranium.
Add in detailed reports on what the major brokers have to say about all of the major earnings results this week - and you have quite simply the best Evening Wrap you'll find anywhere!
Let's dive in!

 
ASX 200 futures are trading 29 points lower, down -0.36%.

Major US benchmarks rose slightly as investors looked ahead to Nvidia earnings tomorrow, Australia's monthly CPI indicator is due at 11:30 am, gold prices score a second consecutive record close and several high profile companies are due to report this morning, including Fortescue, Woolworths and Flight Centre..

 
ASX 200 futures are trading 22 points lower, down 0.27%.

The all-important Nvidia result topped analyst expectations but its Q3 guidance fell short of lofty analyst forecasts, Mineral Resources reports an unsurprising dip in profits amid soaring debt levels, brokers pile into Tabcorp downgrades and several names including Wesfarmers, Bega Cheese and IDP Education are due to report this morning.

 
ASX 200 futures are trading 51 points higher, up 0.63%.

Overnight markets experienced volatility, with Nvidia's 6.3% drop countering broader market gains. However, macroeconomic indicators were positive, showing lower-than-expected inflation in Spain and Germany, alongside a stronger-than-anticipated US Q2 GDP. Today is the last day of August reporting season.
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ASX 200 futures are trading 18 points lower.

Major US benchmarks finished August on a positive note, Intel is working with bankers to fix its troubled core business, US July core PCE (the Fed's preferred inflation gauge) printed in-line with market expectations, Woolworths sold its remaining stake in Endeavour Group and hundreds of companies will trade ex-dividend over the next couple of days....
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and a neat incremental gain today
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.... September starts on a winning note as big bank rally extends, gold, uranium, and lithium stocks weaker

The S&P/ASX 200 closed 18.0 points higher, up 0.22%.
September kicked off with a modest gain...

 
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ASX 200 dips as falling iron ore and lithium prices hobble key resources stocks, MinRes and Liontown plunge


The S&P/ASX 200 closed 6.7 points lower, down 0.08%.

Today's roughly flat performance on the S&P/ASX 200 was due to a combination of an earnings season hangover of news and activity, merged with a lack of US market-action overnight. (plus ex-divi stocks)
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What's happened to this morning's report ?

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nothing new on their webpage since last night, as at 9:07

second go .. found the Morning Report and got the 404
 
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