17 Oct 19 - NZX & ASX Add to Gains | Treasury Wine Estates
The Australian market rallied yesterday (ASX 200 Index +1.27%) for a 5th straight session.
The Australian market rallied yesterday (ASX 200 Index +1.27%) for a 5th straight session.
Global markets rallied overnight as strong earnings on Wall Street from JPMorgan, UnitedHealth and Johnson & Johnson allayed concerns about the fallout from a prolonged US-China trade war on Corporate America.
Global markets were slightly lower overnight in quiet trade, as investors mulled the implications of the partial trade deal reached last week between the US and China.
Global markets were higher on Friday after the announcement of a partial trade deal between China and the US triggered a rally in markets.
Sky TV shares sunk as the pay TV operator lost the rights to broadcast cricket played domestically after being outbid by rival Spark New Zealand,
Global markets rebounded overnight, as shares on Wall Street rose for the first time in three sessions with technology stocks providing a boost, as a report that China was open to a partial trade deal soothed investor nerves ahead of high-level trade tal
Global markets sold off overnight as hopes of progress in high-level trade talks were dashed .
Global markets were mixed overnight as the US market sold off, with stocks struggling for direction.
The US jobs data was a goldilocks number, not too strong to deter the US Fed from potentially lowering interest rates, while not too weak as to spur further concerns around a recession.
Global markets stabilised overnight post a few days of selling.