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Stock market defining moments

  Defining moments in stock market history include the 1987 Black Monday crash, 2000 Dot-com bust and 2008 Global Financial Crisis. These moments mark when euphoric bull markets transform themselves ....

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Australia's JB Hi-Fi rises as sales rebound in October | NewsTalk 610 AM & 103.9 FM

Australia's JB Hi-Fi rises as sales rebound in October | NewsTalk 610 AM & 103.9 FM
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Australia's JB Hi-Fi rises as sales rebound in October

Store reopenings in New South Wales are helping JB Hi-Fi Ltd's October sales, Australia's No.2 electronics retailer said on Thursday, after reporting downbeat numbers for the first quarter due to lockdown-related hit to its business. ....

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Fundies fret over peak iron ore


Fundies fret over peak iron ore
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A sharp fall in the iron ore price, as China tries to jawbone down the cost of commodities, has fund managers on tenterhooks about whether the price of Australia’s biggest export has peaked.
The iron ore price spiked to a record high of more than $US230 a tonne earlier this month, far surpassing the $US55 a tonne price that the government has pencilled in for next year.
William Curtayne says the global uptick in construction supports steel and iron ore demand. 
Louise Kennerley
But the spot price fell $US11.13, or 5.3 per cent, on Friday to $US200.72, according to Fastmarkets MB, while S&P Global Platts said its key iron ore index fell $US10.75 or 5.1 per cent to $US200.10 on Friday. ....

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