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S&P/ASX 200 slips as investors fear a COVID-19 resurgence

S&P/ASX 200 slips as investors fear a COVID-19 resurgence
Brent crude gained 0.6% to US$69.00 a barrel on Tuesday after slumping around 7% in the previous session.
Dow Jones index in the US tumbled 700 points on Monday for its worst drop since October.
S&P/ASX 200 (INDEXASX:XJO) has slipped for a second day, with the index easing by 0.12% to 7,277 points by about 1.15 pm.
This follows a significant 1.6% tumble for the S&P500 overnight on Wall Street as the spread of the COVID-19 Delta strain and lockdown uncertainty continues to keep markets on edge.
Oil price tumbles
Locally, energy stocks were the hardest hit following ~7.5% in oil prices overnight as COVID-19 infections surged and OPEC+ agreed to gradually ramp up oil production through to September 2022. ....

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S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record

13:48 Thu 01 Jul 2021
S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record
OPEC+ may discuss on Thursday about extending the current oil production cuts beyond its original end date of April 2022.
The crude oil price is near multi-year highs and recorded its seventh monthly gain in the past eight months.
S&P/ASX 200 (INDEXASX:XJO) has slipped 0.48% to 7,277.6 following mixed moves overnight on Wall Street, with the S&P 500 hitting another record high while the Nasdaq fell 0.2%.
The local index has surged 24% in the last 12 months for its best year on record. ....

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S&P/ASX 200 flat after hitting all-time high as inflation fear lingers

Brent crude futures rose for a second day on Wednesday to US$72.37 a barrel on signs of strong fuel demand in Europe, while the prospect of a near-term. ....

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S&P/ASX 200 rises for a third day in a row to near February 2020's all-time high

13:15 Wed 05 May 2021
S&P/ASX 200 rises for a third day in a row to near February 2020’s all-time high
Brent crude futures gained 1.48% to US$68.50 a barrel on Tuesday after climbing by 1.2% on Monday as US states eased lockdowns and Europe planned to open up to foreign tourists this summer.
Cryptocurrency Ethereum hit a new all-time high of US$3,417 (A$4,400) overnight.
S&P/ASX 200 (INDEXASX:XJO) gained 49 points or 0.7% to 7,117 by around 1 pm with the benchmark index now only 80 points or 1.1% away from February 2020’s all-time high.
Improvements have been across the board with heavyweights CSL Ltd (ASX:CSL) and Commonwealth Bank (ASX:CBA) contributing most to market gains. ....

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S&P/ASX 200 trades near flatline as buy-now pay-later firms report results

S&P/ASX 200 trades near flatline as buy-now pay-later firms report results
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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