Sign in
Stories
ASX Down 0.3%: CSL Shares Fall
Share
Big Tech Retreat
Bitcoin's Decline: Profit-Taking and Opt...
Bullish Stock Market Outlook
Bumpy Start: Europe's Challenges and Not...
Consumer Buying and Stock Market Rally
Dow Jones Futures: Earnings and Market I...
Overview
API
The S&P/ASX 200 declined by 0.27% due to the 5.2% drop in CSL shares. However, consumer discretionary stocks, particularly JB Hi-Fi, showed resilience with a 1.6% rise. Despite divergence from the S&P 500's trajectory, Wall Street remains optimistic about the late-cycle jobs market and AI-driven growth. SPI futures are indicating a fall of 34 points.
Ask a question
How might the resilience of consumer discretionary stocks impact the overall market?
What are the potential implications of the late-cycle jobs market and AI-driven growth for the economy?
What factors contributed to the decline in CSL shares?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Coverage
share