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ASX 200 dips on Mid-East concerns, but energy, uranium, and resources stocks enjoy big gains


The S&P/ASX 200 closed 10.7 points lower, down 0.13%.
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eek

ASX 200 futures are trading 3 points higher, up 0.03%.

US markets finished marginally higher after a rocky open, Middle East tensions and cautious trading dominated sentiment, China stocks surged post-holiday, the Yen dipped after dovish comments from Japan's new Prime Minister...
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eeking up

Evening Wrap: ASX 200 edges higher on big broker price target hikes in property sector, uranium and copper slow burn continues​


The S&P/ASX 200 closed 7.0 points higher, up 0.09%.
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The S&P/ASX 200 closed 55.2 points lower, down 0.67%.

Started with a bang. Went out with a whimper
. That's the week that was for the Australian share market. Monday's new high record of 8285.7 might take some beating now as events in the Middle East conspire to send risk capital to the sidelines. That is, of course, unless you're in the Energy (XEJ) sector. It rose nearly 2% today. The other sector that tends to do well in times of geopolitical uncertainty is gold, and fortunately, we have some of the best gold stocks on the planet listed here on the ASX. As for everything else, not so good....
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...and China is back after Golden Week.

ASX 200 to rise, S&P 500 rallies on blowout jobs data, Lithium stocks surge


ASX 200 futures are trading 26 points higher, up 0.31%.

The S&P 500 and Nasdaq finished the week on a positive note and logged a fourth straight week of gains, US nonfarm payrolls smash analyst expectations and reiterate that the jobs market is in a good place, lithium stocks soared on news that Rio Tinto is looking to acquire Arcadium Lithium and expect a dull session as most of the country is off for Labour Day.

 

ASX 200 gains on banks, resources, as RIO's Arcadium bid puts rocket under ASX lithium sector

The S&P/ASX 200 closed 55.4 points higher, up 0.68%.

It was a solid showing for Aussie stocks Monday despite a public holiday in parts of the nation.
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ASX 200 futures are trading 4 points lower, down 0.04%.

US stocks finished lower as the US 10-year yield topped 4.0% for the first time since August – raising doubts over the Fed's cutting outlook, oil prices continued to gain on strong macro data and Middle East tensions and the Chinese market returns after a week-long holiday.

 
Looking at US market, we could be for dome pain..not if people look at the us index but at the details.
It seems all minerals are down, oil, gold, silver, IO and China
I guess our AI xnd IT/electronic, industrial manufacturers and Mexican food,/banks will make up for that😉
 
Some defensive back in play last night.

Looking at US market, we could be for dome pain..not if people look at the us index but at the details.
It seems all minerals are down, oil, gold, silver, IO and China
I guess our AI xnd IT/electronic, industrial manufacturers and Mexican food,/banks will make up for that😉
 
ASX 200 futures are trading 15 points higher, up 0.18%.

Major US benchmarks finished higher amid a broad-based rally (ex-Resources), commodity prices sold off sharply after China's muted stimulus announcement, US Q3 earnings season kicks off this week and analysts expect companies to report the strongest EPS growth since the first quarter of 2022
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The S&P/ASX 200 closed 10.5 points higher, up 0.13%.

On the surface, a quiet day's trade with a modest 10 points or so gain in the benchmark S&P/ASX 200. However, scratch beneath the surface, and there were some substantial falls in certain sectors...as well as similarly substantial gains in others.
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The S&P/ASX 200 closed 35.6 points higher, up 0.44%.

A massive pop in Arcadium Lithium (ASX: LTM) shares helped inspire Aussie resources companies to a strong day of gains, but a modest rebound in the iron ore price in Singapore also helped.
Energy names were pretty good also, as investors begin to edge back into China stimulus names ahead of a key Ministry of Finance meeting this weekend.
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ASX 200 futures are trading 3 points lower, down -0.03%.

Major US benchmarks finished lower after inflation data topped market expectations for a second consecutive month, oil prices spiked 3% on growing Middle East concerns and Chinese stocks rallied on stimulus headlines.
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The S&P/ASX 200 closed 8.5 points lower, down 0.10%.

It was a day of few major drivers and few major stock-specific moves
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