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TesterWA

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07/08/24

14:43

Post #: 75110080
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Originally posted by highlandlad: ↑

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

The share market overcame early weakness after Wall Street's first rally in four sessions encouraged buyers here to dip their toes at two-month lows.

The ASX 200 climbed 35 points or 0.46% by mid-session. Property trusts, energy producers and utilities were the pick of the sectors. Drags included NAB, CBA, BHP and Fortescue Metals.

A global rebound that started in Asia yesterday continued overnight. US and European stocks clawed back a portion of their losses since a Japanese rate hike and questions about US growth triggered a sharp sell-off in equity markets.The ASX 200 dived 5.73% in two sessions, closing on Monday at its lowest since late May.

The S&P 500 firmed 1.04% after several Federal Reserve policy-makers pushed back against fears of a recession. Volatility continued to subside in Japan. The Nikkei 225 index dipped 1.04% this morning after two sessions of double-digit swings in opposite directions.

Personal trading: Monday's buys moving nicely into profit, but otherwise a slow morning for me. A pip from TEG off the low. Hoping for some afternoon opps to lift the day, like yesterday.

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hello HLL a correction can present opportunities if you can see beyond the woods ? Prosperous Trading TesterWa
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