November 9, 2023

The S&P 500 fell Thursday breaking an eight day winning streak as rising yields shook investor confidence. The benchmark index was trading down 0.8 per cent, while the Nasdaq was 0.9 per cent weaker. The Dow Jones Industrial Average was 0.7 per cent lower. All S&P sectors were trading in negative territory, with the worst

China entered deflation for the second time this year as food prices, particularly pork, dropped, causing consumer prices to decline by 0.2% in October. This figure was slightly worse than the anticipated 0.1% decrease and marked a departure from September’s stable reading. The National Bureau of Statistics attributed this drop to the fourth consecutive month

Corporate Connect Research Analyst Richard Close has released a flash report for Empire Energy Group (ASX:EEG). Empire Energy provides exposure to the development of the world class unconventional gas resource located in the Beetaloo Sub basin in Australia’s Northern Territory. The company’s recent work program on the Carpentaria Project (EP187) in the East Beetaloo has

Corporate Connect Research Analyst Joh Snyman has released a flash report for Stealth Global Holdings (ASX:SGI). SGI recently reported its FY23 results, delivering a record profit and building on the steady improvement of recent years. The strong result was driven by solid organic growth, recent acquisitions and associated scale benefits, combined with positive supply and

Retailers in Australia may feel that the Reserve Bank of Australia (RBA) is not on their side, given the recent decision by the RBA to raise the official cash rate for the first time in four months. This rate hike, amounting to 0.25 percentage points, brought the rate to 4.35%, marking the highest level in

09 Nov 2023 – A snapshot of the stocks on the move, featuring Sunstone Metals (ASX:STM), Immutep (ASX:IMM, NASDAQ:IMMP), European Metals Holdings (ASX:EMH & AIM:EMH) and QX Resources (ASX:QXR).