US stock markets rally on Powell testimony, Microsoft hits US$2 trillion
US stock markets continued their sharp recovery, led by the Nasdaq which was up 0.8%. Microsoft (NASDAQ:MSFT) shares are making headlines.
7 Aug 2020 | ||
Price | $39.30 |
7 Aug 2020 |
7 Aug 2020 |
The S&P/ASX 200 Index (INDEXASX: XJO) is an Australian stock market index, created and maintained by Standard & Poor’s (S&P). It tracks the value of the 200 largest public companies ranked by their market capitalisation, adjusted for the shares that are actually available on the market. The S&P/ASX 200 will increase if enough companies see their share prices rise, and fall when they are sold down.
If you’re studying the stock market’s return over time, don’t forget about dividends. The XJO index does NOT include dividends paid by companies. If you want a more complete picture of the performance of Australian shares, use the S&P/ASX 200 Net Total Return Index (INDEXASX: XNT) index.
This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).
US stock markets continued their sharp recovery, led by the Nasdaq which was up 0.8%. Microsoft (NASDAQ:MSFT) shares are making headlines.
The S&P/ASX 200 (ASX:XJO) experienced its strongest day in four months, adding 1.5% on Tuesday. Soul Patts (ASX:SOL) shares are in the news.
The value trade continued at full steam overnight, with the Dow Jones jumping 1.8% on little news. Netflix (NASDAQ:NFLX) is making headlines.
The S&P/ASX 200 (ASX: XJO) followed global markets lower to begin the week, falling 1.8%. CBA (ASX:CBA) shares are in the news.
The S&P/ASX 200 (ASX:XJO) edged higher for the week. In what was a big week in the US for interest rates, here are my three key takeaways.
US stock markets ended the week on a negative note, with all three indices ending in the red. Despite the weakness, big tech is outperforming.
The S&P/ASX 200 (ASX: XJO) finished 0.1% higher on Friday as markets continued to digest the week’s change of heart from the Federal Reserve.
Big tech stocks like Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) pushed higher overnight, driving the Nasdaq up 0.9%.
The S&P/ASX 200 (ASX:XJO) finished down 0.4% on Thursday. Coles (ASX:COL) and Seven West Media (ASX:SWM) shares are in the news.
US stock markets continued their sharp recovery, led by the Nasdaq which was up 0.8%. Microsoft (NASDAQ:MSFT) shares are making headlines.
The S&P/ASX 200 (ASX:XJO) experienced its strongest day in four months, adding 1.5% on Tuesday. Soul Patts (ASX:SOL) shares are in the news.
The value trade continued at full steam overnight, with the Dow Jones jumping 1.8% on little news. Netflix (NASDAQ:NFLX) is making headlines.
The S&P/ASX 200 (ASX: XJO) followed global markets lower to begin the week, falling 1.8%. CBA (ASX:CBA) shares are in the news.
The S&P/ASX 200 (ASX:XJO) edged higher for the week. In what was a big week in the US for interest rates, here are my three key takeaways.
US stock markets ended the week on a negative note, with all three indices ending in the red. Despite the weakness, big tech is outperforming.
The S&P/ASX 200 (ASX: XJO) finished 0.1% higher on Friday as markets continued to digest the week’s change of heart from the Federal Reserve.
Big tech stocks like Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) pushed higher overnight, driving the Nasdaq up 0.9%.
The S&P/ASX 200 (ASX:XJO) finished down 0.4% on Thursday. Coles (ASX:COL) and Seven West Media (ASX:SWM) shares are in the news.
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