
Sophia Mavridis
Marketing Manager and Market Analyst at Bell Direct
Articles
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6 days ago |
belldirect.com.au | Sophia Mavridis
Wall Street ended Friday’s session mixed as investors remained concerned about escalating tensions in the Middle East. The S&P500 fell 0.22%, the Dow Jones rose 0.08%, and the Nasdaq ended the day down 0.51%. Chip stocks came under pressure on Friday on reports that the U.S. may revoke some wavers placed on tariffs for chip stocks, leading to Nvidia shares dropping 1% on Friday.
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1 week ago |
belldirect.com.au | Sophia Mavridis
Wall Street closed mixed on Wednesday after the US Federal Reserve’s latest policy update kept the US interest rate steady with Chair Jerome Powell signalling it would wait to see the impact of President Trump’s tariffs on inflation before proceeding with rate cuts. The Dow Jones fell 0.1%, the S&P 500 slipped just 0.03% and the tech-heavy Nasdaq ended the day up 0.13%.
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1 week ago |
belldirect.com.au | Sophia Mavridis
Wall Street closed lower across the major averages on Tuesday as tensions in the Middle East continue to rise, hitting a 5th day of attacks between Iran and Israel. The Dow Jones lost 0.7%, the S&P500 fell 0.84% and the tech-heavy Nasdaq ended the day down 0.91%. President Trump took to Truth Social, his social media platform, demanding ‘unconditional surrender’ from Iran’s leader as he departed the G7 conference early to deal with the situation in the Middle East.
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1 week ago |
belldirect.com.au | Sophia Mavridis
US equities rallied overnight off the back of optimism that the Israel and Iran conflict will be contained. The Dow Jones gained 300 points or 0.75%, the S&P500 gained 0.94% and the tech- heavy Nasdaq advanced 1.52%. Following Israel’s strike on Iran on Friday, the market took comfort in the fact that this wouldn’t escalate on Monday, after Iran reportedly spoke with several countries to pressure for an immediate ceasefire. European equities also rallied with all markets closing in the green.
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1 week ago |
belldirect.com.au | Sophia Mavridis
Escalation of attacks between Iran and Israel hit global markets on Friday. Wall Street closed lower as investors assessed the worsening tensions in the Middle East with the S&P500 dropping1.13%, while the Dow Jones lost 1.8% and the tech heavy Nasdaq ended the day down 1.3%. Oil and defensive stocks rose on Friday amid the rising price of oil due to Middle East tensions and as investors buy into the defence sector driven by rising geopolitical tensions.
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