LA Private

August 9, 2024

ASX up 1.04% near noon: Jobless claims boost Wall Street

Australian shares surged on Friday, mirroring gains on Wall Street after positive US jobless claims data eased recession fears. At 11:35am, the S&P/ASX 200 is 1.04 per cent higher at 7,761.70, with technology stocks leading the charge. Life360 soared 17.5% following strong earnings, while News Corp rose on Foxtel sale plans. Conversely, insurance giant QBE

ASX up 1.04% near noon: Jobless claims boost Wall Street Read More »

Winston’s Weekly: Property market faces headwinds

Global economic headwinds are impacting the Australian property market. Winston’s Weekly examines recent interest rate decisions, stock market volatility, and its influence on property valuations. Winston delves into the performance of property stocks and explores potential investment opportunities in the sector. Disclaimer: This information is General Advice only and does not take into account your

Winston’s Weekly: Property market faces headwinds Read More »