S&P/ASX 200 (XJO) price buoyant as CBA share price rises
The S&P/ASX 200 (INDEXASX: XJO) price managed a tiny gain on Tuesday, with the Commonwealth Bank of Australia (ASX:CBA) share price in focus.
The S&P/ASX 200 (INDEXASX: XJO) price managed a tiny gain on Tuesday, with the Commonwealth Bank of Australia (ASX:CBA) share price in focus.
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The S&P/ASX 200 (ASX: XJO) finished the shortened week 0.6% higher, again outperforming US stock markets. Here are my 3 key takeaways.
It was another negative day for US stock markets with all three benchmarks finishing 0.3% lower after another record inflation print.
All three US stock markets pushed lower on the first day of March as Russia ramped up its attacks on Ukraine’s biggest cities.
In a somewhat unexpected shift, the major US stock markets all finished higher on Thursday despite Russia’s attack on Ukraine.
US stock markets delivered a second straight week of gains despite continuing concerns about inflation and higher bond rates.
US stock markets snapped a three-day losing streak overnight, buoyed by the technology sector as reporting season gets underway.
All three US stock market benchmarks closed around 0.3% lower overnight after inflation continued to accelerate. Bank stocks are on watch.
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