March 2023

15 Mar 2023 – US stocks rose Tuesday as investors bet the risk of contagion following the closures of Silicon Valley Bank and Signature Bank has been contained. Traders also focused on the latest US inflation data. The consumer price index rose 0.4% in February from January, matching the consensus estimate of economists polled by Dow Jones. The annualised increase of 6% was also in line with economists’ expectations.

14 Mar 2023 – A snapshot of the stocks on the move featuring Patrys (ASX:PAB), Mt Monger Resources (ASX:MTM) and Immutep (ASX:IMM).

14 Mar 2023 – The Dow Jones Industrial Average dropped on Monday as a plan to backstop all the depositors in failed Silicon Valley Bank, along with other extraordinary measures, failed to boost bank shares.

13 Mar 2023 – A snapshot of the stocks on the move featuring Neuren Pharmaceuticals (ASX:NEU), Metro Mining (ASX:MMI) and Meteoric Resources (ASX:MEI).

13 Mar 2023 – Stocks tumbled Friday as tech-focused lender Silicon Valley Bank shut down following losses in its bond portfolio, prompting the biggest bank failure since the global financial crisis and sending shockwaves through the banking sector.

10 Mar 2023 – A snapshot of the stocks on the move featuring Magnum Mining & Exploration (ASX:MGU), APM Human Services International (ASX:APM) and Prodigy Gold (ASX:PRX).

10 Mar 2023 – Stocks accelerated losses in the final hour of trading Thursday as banks and other financials sold off, and investors braced for a key payroll report Friday that could set the direction of interest rates.

09 March 2023 – Knosys Limited (ASX:KNO) Managing Director John Thompson discusses drivers of revenue growth, the roadmap for the company’s three SaaS solutions, onshoring GreenOrbit operations and outlook for the second half.

09 Mar 2023 – Sequoia Financial Group Limited (ASX:SEQ) CEO and Managing Director Garry Crole discusses the 80 per cent sale of Morrison Securities to New Quantum.

09 Mar 2023 – The Dow finished slightly lower Wednesday as the market fought to overcome Tuesday’s selloff, spurred by comments from Federal Reserve Chairman Jerome Powell hinting at higher interest rates for longer.