June 3, 2024

The headlines from American retailing for the first quarter of 2024 told a very mixed picture – lots of cold, some hot, and little in between for many chains. Walmart strong; Target weak, do-it-yourself and builders’ supplies giants like Home Depot and Lowe’s Cos, weak, Ace Hardware – strong with its target being small towns

The Dow Jones jumped as investors breathed a sigh of relief as key inflation readings released on Friday came in mostly as expected with no negative surprises. The Dow closed 1.51 per cent higher posting its best day in 2024 with strong performances from constituents Salesforce and UnitedHealth rallying 7.5 per cent and 2.8 per

OPEC+ may have agreed on Sunday to extend a voluntary production cut of 2.2 million barrels of crude oil a day deep into next year, but that is an acknowledgment that the output restrictions have failed to support prices at a level its members want. No matter how the group pitches the decision, it is

Investors would do well to take advantage of annual market volatility in June and buy on the dip, according to Emanuel Datt, chief investment officer of Datt Capital. “Australian markets typically dip in June as investor rationalise their portfolios by selling stocks in a capital loss position, to harvest tax losses to offset against other