The ASX 200 closed up 12 points at 8308 (0.1%) in a good recovery from early 70-plus point losses. Banks were the turnaround story as buyers went shopping. ANZ and NAB leading the sector higher with the Big Bank Basket at $252.96 (2.5%). Macquarie gained 1.5% as insurers also saw a positive turnaround. NHF dropped good numbers and rose 12.5%. PPT knocked back the Barbarians at the Gate falling 2.3% with XYZ falling 12.9% on disappointing numbers. REITs slipped again as GMG fell 4.1% and VCX down 4.4%. Industrials were mixed, ALL bounced 2.9% with WOW and COL better on defensive buying., Utilities also did well with APA rising 7.7% on numbers. Tech was hit hard as news of WTC directors resigning en masse saw losses of 20.1% in WTC and XRO slipped 1.2% with the All-Tech Index dropping 3.2%. Resources succumbed to gravity after holding up well last week, BHP, RIO and FMG all lost ground. Gold miners eased back, NEM fell 2.8% and NST off 2.1% with lithium plays falling but off lows. PLS down 3.4% and MIN off 0.7%. Oil and gas remained neglected and uranium stocks fell on profit taking. In corporate news, plenty of results, IRE fell 14.5% as guidance came in below forecasts, PRN, REH also under pressure on disappointing results. GYG fell 7.0% as brokers downgraded, XYZ hit hard falling 12.9% as crypto lost ground and LOV felt no love at all down 3.8%. Nothing on the economic front today. Asian markets mixed, Japan on a holiday, China and HK taking a break with HK off 0.6% and China unchanged. 10-year yields steady at 4.44%

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Wall St fell heavily overnight, it’s worst session in nearly a month. Dow Jones down 749 points, closing near the low. S&P 500 down 1.71% and the Nasdaq worst. Off 2.2%. S&P 500 and Nasdaq down 1.66% and 2.51% for the week. Consumer spending concerns grew and traders focused on tariff fears after Composite PMI numbers fell to the lowest level in over a year.

SPI down 64 - Results Continue

• Gold dropped a touch on profit taking but still managed a 1.9% weekly gain. Global gold stocks had a worse session. Sentiment potentially impacted by NEM (-5.7%) falling on results. The more tariff uncertainty, the better bullion will perform.
• Oil took a tumble. WTI down 3% after rising for most of the week. Blamed on Ukraine peace deals and reduced Middle-East risk.
• Copper gained on both the LME and CME. The copper market’s deficit fell from 124,000T in November to 22,000T in December.

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The ASX 200 fell another 27 points to 8296 (-0.3%) after an early rise, hitting a one- month low. Banks once again led us down, CBA dropping 2.6% and ANZ off 1.4% with the Big Bank Basket at $246.63 (-1.8%). MQG dropped 1.5% and ASX down 3.3% with QBE doing well on results and rose 3.0%. GMG put on another 1.0% and REITs were slightly mixed. Industrials suffered, WES down 1.9% and ALL continuing to slide down 1.2%. Retail still struggling, JBH off 0.4% and LOV down 2.8%. GYG dropped 14.3% on slower US growth. Apparently, they already have Mexican food there. LNW down 2,6% and JIN fell 8.8% on lack of big payouts. Tech fell, XRO down 1.3% with the All-Tech Index off 1.7%. Resources were generally better, iron ore miners rose on Chinese steel demand, BHP up 2.8% and RIO up 2.8%. PLS gave back some gains, MIN copped a rare upgrade from Barrenjoey, up 5.0% and gold miners were mixed. NEM rose then fell 2.4%, GMD bounced back 4.1% and SPR up 2.8%. DYL bounced back 5.1% with the sector becalmed. WDS and STO flat. YAL delivered good results and rose 3.0%. Om corporate news, The Americans are coming. CoStar bid for DHG and Cosette bid for MYX. SPK fell 19.2% on a guidance downgrade. AX1 rose 1.4% despite slashing dividends. TLX delivered yet again and EOL soared 29.7% on great numbers. In economic news, Japan’s inflation rate climbed to 4% up from 3.6% in December. Asian markets pushed higher again on Alibaba results, HK up 2.9%, China up 1.2%. 10-year yields steady at 4.51% Michelle Bullock’s comments in focus.

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Stocks retreated on Thursday following two days of all-time highs for the S&P 500 as investors dumped some popular names in the wake of a lacklustre forecast from retail giant Walmart that prompted questions about the outlook of the economy.

The Dow Jones Industrial Average lost 450.94 points, or 1.01%, to end at 44,176.65. The S&P 500 shed 0.43% and closed at 6,117.52, and the Nasdaq Composite dipped 0.47% and closed at 19,962.36.

SPI up 16 - QBE - GOR - DHG Bid - TLX

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Another nasty day as the ASX 200 fell 96 points to 8323 (1.2%) as results and bank falls dominated. WBC fell another % and ANZ joined in to falling % with the Big Bank Basket down to $251.27 (-2.4%). MQG dropped 1.0% with financial sunder a little pressure. REITs fell as GMG returned to trade down 5.0% after the $4bn capital raise. Industrials were mixed, ALL dropped 4.3% despite a new buy back, WES rose 1.3% on good results, TLS also did well, up 5.6% after announcing a buy back. Retail stocks suffered, JBH down 4.2% and BRG falling 3.0%. CTD continued the positive vibes from the results up 4.7%. UNI did very well on results up 9.7%. In healthcare, PME dropped 3.7% and CSL down 2.3%. Resources suffered as RIO cut its dividend, falling 1.5% and BHP fell 2.0% as FMG were savaged on results, down 6.2%. Lithium stock surprisingly rose after PLS results, up 6.0% and oil and gas stocks rose, WDS up 1.0% and STO rising 2.1%. Coal stocks gained 8.9% on WHC results. Uranium stocks were mildly lower. In corporate news, MAF rose 8.7% on good numbers, WTC in a trading halt on governance issues. MP1 had stellar gains on beating expectations. Casualties included, SUL, MFG, and MGH. On the economic front, jobs data came in as expected at 4.1% unemployment and record participation. Asian markets fell, Japan under pressure on proposed car tariffs. Down 1.5%, HK off 1.4% and China down 0.4%. 10-year yields steady at 4.52%.

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Wall Street notched fresh record highs despite Fed minutes reaffirming a patient stance on rate cuts. The S&P 500 climbed 0.24%, the NASDAQ advanced 0.07%, and the Dow added 71 points (+0.16%). Up 80 points at best. Down 244 points at worst. The Fed’s January meeting minutes showed officials remain cautious, citing inflation risks and uncertainty around the impact of Trump’s trade policies.

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The ASX took another beating down 62 points to 8419 (-0.7%) as NAB cratered 8.1% and the Big Bank Basket came undone, down to $257.57 (-2.8%). MQG held up well considering, other financials came under some pressure, GQG off 3.2% and HMC down 3.9%. REITs were weighed down by the giant $4bn capital raise from GMG to fund its data centre push. DXS off 2.3%, and SGP fell 3.7% on results. Industrials were mainly weaker, WES off 1.8%, WOW and COL eased, retail fell, JBH down 2.3%, and SUL 2.9% cheaper. Travel stocks did well after CTD cheered the sector, up 10.3%. WEB up 4.4%, and FLT up 3.4%. LNW powered 9.6% ahead on an acquisition and ALL joined in the fun up 1.0%. Tech better, with CPU up 1.4% and WTC off 1.4% and the All-Tech Index gained 0.7%. Resources were patchy again, BHP flat and FMG down 0.6% on legal issues, gold miners rose, NEM up 0.5% and NST up 2.1%. Lithium stocks on the nose, MIN crashed 20.7% as it cancelled the dividend and announced a big loss. Energy stocks sold down again, WDS off 2.0% and STO falling 4.5% on results. On the corporate front, NAB the biggest disappointment on margin compression and rising impairments. CBA was ex-dividend today, NGI rose 15.5% on results, and SXE jumped 14.2% after very positive results. VNT also out today marched 7% ahead. Nothing on the economic front. Asian markets eased, Japan down 0.3% and HK off 0.2%, with China up 0.6%. 10-year yields at 4.52%.

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The S&P 500 closed at a record high Tuesday after stocks rallied seconds before the closing bell, as investors shook off headwinds on the global trade and inflation fronts.

The broad market index gained 0.24% to a record close of 6,129.58, after touching an intraday record of 6,129.63 before the final bell. The Nasdaq Composite

closed up 0.07% at 20,041.26, while the Dow Jones Industrial Average added 10 points, or 0.02%, to finish the session at 44,556.34.

SPI down 2 - NAB Q1 update - GMG launches $4bn capital raise.

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