
US stock markets mixed, Apple sets a date
US stock markets began the week on a soft note, with the Dow Jones falling 0.8% on concerns that the economic recovery may have peaked.
Apple Inc. (NASDAQ: AAPL) is one of the largest companies in the world thanks to its uber-popular consumer electronics like the iPhone, Macbook, and iPad. Over the years, Apple has moved into the services space with offerings such as iCloud, Apple Music, Apple News and Apple TV+ increasingly gaining traction.
US stock markets began the week on a soft note, with the Dow Jones falling 0.8% on concerns that the economic recovery may have peaked.
All three US stock markets finished higher on Thursday, the Dow Jones up 0.4%, S&P 500 up 0.3% and the Nasdaq only slightly at 0.1%.
The Zip Co Ltd (ASX:Z1P) share price is down despite the buy now, pay later business revealing a lot of growth in its FY21 result.
US stock markets finished the week on a more positive note than the S&P/ASX 200 (ASX: XJO) as the USD strengthens.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) continued its recent weakness with ASX Reporting Season a key drag on performance. Treasury Wine Estates Ltd (ASX:TWE) and BHP Group Ltd (ASX:BHP) remain in focus.
US stock markets continued to new records on Monday, with the Dow Jones and S&P 500 both finishing 0.3% higher.
This week, Australia’s largest money business, Commonwealth Bank of Australia (ASX: CBA), handed in its report card.
US stock markets pushed to new highs once again with the Dow Jones adding 0.04%, the S&P 500 0.3% and the Nasdaq 0.4% on Thursday.
For Aussie tech investors, the biggest news since sliced bread came this month, in the form of a $39 billion offer from Square Inc (NYSE: SQ) for Afterpay Ltd (ASX: APT). Afterpay shareholders are now left wondering ‘what should I do?’