Thanks @shovel40, @Fiji1, @uncleBuck, @JohnI and morning crew.
Half-time wrap:
Aussie shares struggled for direction as investors digested the last major day of the full-year earnings season, and a negative reaction to Nvidia's trading update weighed on US stock futures.
The ASX 200 faded to a mid-session loss of three points or 0.04%. Gains in industrials, banks, consumer stocks and REITs were outweighed by declines in tech, health and resource stocks.
An earnings season of extreme reactions produced another round of strong gains and heavy losses. Double-digit gainers this morning included Lifestyle Communities, Eagers Automotive and IDP Education. At the other end of the index, Ramsay Health Care, Nine Entertainment and Bellevue Gold all lost at least 5%.
US stock futures sank after a cautious outlook from AI poster child Nvidia overshadowed better-than-expected quarterly earnings and profit. Shares in the world's largest company by market cap dropped 3.1% in after-hours trade. S&P 500 futures fell 0.22%. Nasdaq futures lost 0.42%.
Personal trading: Distracted morning. Took the retrace in NVA.
- Forums
- ASX - Day Trading
- Afternoon trading August 28
Afternoon trading August 28
-
- There are more pages in this discussion • 183 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)