ASX Today: rise & shine – positive start as Dow continues higher
Here is today’s morning wrap up:
US stock indexes gained moderately on Monday to new highs ahead of crucial earnings reports and the Federal Reserve’s monetary policy decision. However, home builders were hampered by a drop in new home sales. Chinese stocks on the New York Stock Exchange tumbled after Beijing imposed new regulations on private tutoring and online education enterprises last week. Alibaba Group’s stock has dropped 7.2 percent this year.
The Dow Jones moved higher with a +0.24% move or +82.76 points. The S&P 500, moving +0.24% or +10.51 points. Based on technology, the Nasdaq was up overnight, closing with a +0.025% gain or +3.72 points.
This morning, the Australian stock market is projected to start Tuesday higher. The ASX 200 is predicted to open the day 19 points or 0.26 percent higher today, according to the latest SPI futures.
Day trading Thread Now Open – July 27th
Each trading day, we feature breakfast from around the world as we discuss which trading opportunities present themselves. Today we discover traditional Indonesia’s food. Click here to post your thoughts.
Companies listed below are currently in a trading halt and are expected to resume trading within the next few trading days:
XState Resources (ASX:XST) – capital raising
Scorpion Minerals (ASX:SCN) – capital raising
Metal Tiger (ASX:MTR) – capital raising
Theta Gold Mines (ASX:TGM) – financing transaction
Jayex (ASX:JTL) – strategic investment
Capricorn Metals (ASX:CMM) – acquisition
Dubber (ASX:DUB) – capital raising
Caeneus Minerals (ASX:CAD) – capital raising
Simble Solutions (ASX:SIS) – capital raising
Spacetalk (ASX:SPA) – response to AFR report of legal action
Caprice Resources (ASX:CRS) – acquisition
Bitcoin: US$37,346.77 +7.51% in 24hrs (Taken from Coindesk data),
Ethereum: US$2,234.87 +2.88% in 24hrs (Taken from Coindesk data),
Dogecoin: US$0.204706 +4.65% in 24hrs (Taken from Coindesk data)
|Brent Crude Oil||74.8||74.21||74.82||0.58%||USD/BBL|
- After a tumultuous crisis meeting, the NSW cabinet has splintered. – News
- With ten cases recorded, the lockdown will come to an end. – News
- The ‘ugly’ Olympics photo has enraged China. – News
- Heavy rain and damaging gusts continue to batter WA’s south-west, prompting a weather warning in Perth. – ABC
- Bitcoin, dogecoin, and ethereum have all had a fantastic week. – 9 News
That is this morning’s ASX wrap-up; as always, stay safe and happy trading.
Want something added to the rise & shine? Leave a comment below.
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