ASX Today: rise & shine – US markets bounce back

ASX Today: rise & shine – US markets bounce back

ASX Today: rise & shine – US markets bounce back

Good morning!

Here is today’s morning wrap up:

US Exchange

Positive earnings results and stronger economic data weighed on US stock markets on Tuesday, countering concerns about the spread of the delta coronavirus type. Energy and healthcare stocks led the market higher, while Apple shares jumped 1.3 percent. After improving their annual revenue predictions, Under Armour and Ralph Lauren stock jumped 6.2 percent and 6.3 percent, respectively.

The Dow Jones moved higher with a +0.80% move or +278.240 points. The S&P 500, moving +0.82% or 35.990 points. Based on technology, the Nasdaq was up overnight, closing with a +0.55% gain or +80.226 points.


ASX Today

This morning, the Australian stock market is projected to start Wednesday higher. The ASX 200 is predicted to open the day 9 points or 0.12 percent higher today, according to the latest SPI futures.


Day trading Thread Now Open – August 3rd

Each trading day, we feature breakfast from around the world as we discuss which trading opportunities present themselves. Today we discover traditional Malta’s food. Click here to post your thoughts.


Trading Halts

Companies listed below are currently in a trading halt and are expected to resume trading within the next few trading days:

Tuesday

Fiji Kava (ASX:FIJ) – capital raising
IODM (ASX:IOD) – revenue signing
Strike Resources (ASX:SRK) – regulatory approval
Paradigm Biopharmaceuticals (ASX:PAR) – response from FDA
West Wits Mining (ASX:WWI) – capital raising
Cradle Resources (ASX:CXX) – shareholder meeting outcome
Vulcan (ASX:VUL) – off take term sheet
Frontier Resources (ASX:FNT) – capital raising
IPB Petroleum (ASX:IPB) – capital raising

Wednesday  

8common (ASX:8CO) – capital raising
Atrum Coal (ASX:ATU) – capital raising
ResApp (ASX:RAP) – licensing agreement
AustChina Holdings (ASX:AUH) – capital raising
Comet Ridge (ASX:COI)– acquisition
Bowen Coking Coal (ASX:BCB) – capital raising & acquisition 
eMetals (ASX:EMT) – drill results
Eastern Iron (ASX:EFE) – project acquisition option 
QEM (ASX:QEM) – capital raising


Commodities

CommodityLastOpenHighLowMov%Units
Brent Crude Oil 72.3676.376.371.48-1.07%USD/BBL
Crude Oil 70.4473.773.969.58-1.44%USD/BBL
Iron ore191.51971971910.26%USD/MT
Palladium2,644.292,660.502,704.212,639.01-1.29%USD/t oz
Coal138.5148.1150.15138.5-0.72%USD/MT
Uranium32.332.532.532.30USD/LBS
Gold1,810.401,813.251,819.161,806.87-0.13%USD/t oz
Copper4.384.474.524.35-1.13%USD/t oz
Silver25.5425.4825.6125.260.55%USD/t oz
Nickel19,515.5019,345.5019,54719,345.50-0.16%USD/t oz
Data taken from IRESS

Other News

  • For news check out our news ticker – click here

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.

Learn to invest in yourself before the market:

Leave a Comment

Your email address will not be published. Required fields are marked *

Shopping Cart
Join our FREE ASX Stock Tips Facebook Group

Ge the latest tips direct on your Facebook and find out what stocks are most popular with traders!

Get the latest Stocks Daily newsletters with moving stocks

Discover which stock picks we have chosen to add to our day trading list! Subscribe below 

Scroll to Top