ASX Today: rise & shine – US markets recover, adding 559,000 jobs in May

ASX Today: rise & shine – US markets recover, adding 559,000 jobs in May

ASX Today: rise & shine – US markets recover, adding 559,000 jobs in May

Good morning!

Here is today’s morning wrap up:

US Exchange

The Dow Jones moved higher overnight with a +0.52% move or +179.35 points, and the S&P 500 followed overnight with a +0.88% rise or +37.04 points. The Nasdaq, Based on technology, also up overnight with a +1.47% gain or +199.98 points. In addition, the recent report shows that leisure and hospitality gained +292k jobs, construction -20k, manufacturing +23k and retail -6k.

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  • Tesla (TSLA) up overnight with a +4.58% gain or +26.21 dollar,
  • Apple (AAPL) Shares up overnight with a +1.90% gain or +2.35 dollars,
  • Amazon (AMZN) up overnight with a +0.60% gain or +19.21 dollars per share,
  • Microsoft (MSFT) up overnight with a +2.07% gain or +5.08 dollars per share,

ASX Today

This morning, the Australian stock market is projected to start the week slightly higher. The ASX 200 is predicted to open the day 7 points or 0.1 percent higher, according to the latest SPI futures.

June 4th ASX Wrap Up (LInk here)

The S&P/ASX 200 closed the day just under its new all-time high with a +0.49% lift or +35.30 points; today marks a higher high. The XJO experienced a high of 7300.50 before closing to a value of 7295.40, higher than yesterdays close of 7260. The utility sector gained the most today, with the XUJ experiencing a +1.39% lift. Conversely, the materials sector experienced a loss, with the XMJ falling the most today with a -1.48% loss.


What stocks to watch today

The stocks to watch for the ASX today are yesterday’s best gainers; these are listed on our daily wrap-up of each trading day. For a wrap-up of the previous trading, day Gainers click here.


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Trading Halts

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

Monday

Neometals (NMT.ASX) – project update
Bryah Resources (BYH.ASX) – capital raising
CZR Resources (CZR.ASX) – capital raising
Riedel Resources (RIE.ASX) – capital raising
1414 Degrees (14D.ASX) – management update
Australian Pacific Coal (AQC.ASX) – modification application
IXUP (IXU.ASX) – acquisition

Tuesday

Ora Banda Mining (OBM.ASX) – capital raising
Doriemus (DOR.ASX) – capital raising
Globe Metals and Mining (GBE.ASX) – Malawi Mineral Lease application
Queensland Pacific Metals (QPM.ASX) – off-take and funding agreement
BlackEarth Minerals (BEM.ASX) – transaction


New Floats

FOS Capital Ltd – 7 June 2021 11:00AM

Listing date7 June 2021 11:00AM ##
Company contact detailshttps://www.foscapital.com.au/
Ph: 1300 241 087
Principal ActivitiesDesign, engineering, manufacturing and supply of commercial, retail and industrial lighting solutions
GICS industry groupTBA
Issue Price$0.25
Issue TypeOrdinary Fully Paid Shares
Security codeFOS

Trajan Group Holdings Limited – 7 June 2021 10:30 AM AEST

Listing date7 June 2021 10:30 AM AEST ##
Company contact detailshttps://www.trajanscimed.com/Ph: (03) 9837 4200
Principal ActivitiesDevelopment and manufacture of analytical and life sciences instruments and devices
GICS industry groupTBA
Issue Price$1.70
Issue TypeOrdinary Fully Paid Shares
Security codeTRJ

Commodities

  • Brent Crude Oil up +0.11% to a total of $71.69 USD/BBL (Taken from IRESS data).
  • Crude Oil up +0.16% to a total of $69.49 USD/BBL (Taken from IRESS data).
  • Iron Ore price down -0.48% to a total of $208 (USD/MT) (Taken from IRESS data).
  • Palladium prices remain $2,841.08 (USD/t oz) (Taken from IRESS data).
  • Coal down -1.56% to a total of $107.50 (USD/MT) (Taken from IRESS data).
  • Uranium up +0.47% today, to a price of $31.75 (USD/LBS)(Taken from IRESS data).
  • Gold on the ASX Market Wrap up, Gold decreased -0.07% to a price of $1,889.50 (Taken from IRESS data).
  • Copper up +1.57% closing to a price of $4.54 (USD/lb)(Taken from IRESS data).
  • Silver down -0.11% to a price of $27.75 (USD/t)(Taken from IRESS data).
  • To Keep up with the latest news and Commodity Prices, make sure to check out our News Ticker Here.

CryptoCurrency

Bitcoin positive this week as the popular cryptocurrency tries to recover, here are the latest prices:

Bitcoin: US$35,366.28 up +0.18% in 24hrs (Taken from Coindesk data),
Ethereum: US$2,680.26 up +3.48% in 24hrs (Taken from Coindesk data),
Dogecoin: US$0.368448 down -0.38% in 24hrs (Taken from Coindesk data),
Cardano: US$1.66 up +0.41% in 24hrs (Taken from Coindesk data).
Stellar: US$0.375234 up +0.63% in 24hrs (Taken from Coindesk data).


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Other News

  • Lilibet ‘Lili’ Diana is welcomed into the new family as Harry and Meghan’s second child. – 9 News
  • The trial for Malaysia Airlines Flight 17 has reached a critical stage, with judges set to hear evidence against the accused. – 9 News
  • Victoria’s lockdown could be extended due to a new strain. – News
  • Plans for a probe into the Covid-19 leak from a Chinese lab by Donald Trump. – News
  • Melbourne has been in lockdown for the 11th day as a result of a failed vaccination distribution. – Guardian
  • Since the outbreak of the pandemic, the first cruise ship has sailed through Venice. – 9 News
  • The Prime Minister will today announce money for a quarantine facility in Victoria. – 9 News
  • The federal government backs Victorian proposal for a purpose-built coronavirus quarantine hub. – ABC
  • ‘No one can guarantee your money,’ says a crypto expert. – Yahoo
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That is this morning’s ASX wrap-up; as always, stay safe and happy trading.

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