Morning Wrap: ASX 200 to slump at open, US jobs figures missed expectations, Westpac CEO Peter King to step down
ASX 200 futures are trading 102 points lower, as of 8:20am AEST.
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In this article
ASX 200 futures are trading 102 points lower, as of 8:20 am AEST.
Stocks are going to open lower today after the US jobs report missed economists' expectations. The 142,000 figure was well below the median expectation of 165,000. Even though the unemployment rate ticked down to 4.2% for technical reasons, investors were still left spooked by the real possibility the Fed will start cutting rates one meeting too late. Another reason stocks will also trade lower is that CSL, among others, will trade ex-dividend today.
Let's dive in.
Note: Today’s Morning Wrap will be brief as Kerry is away.
Overnight Summary
Name | Value | % Chg |
|---|---|---|
Major Indices | ||
 S&P 500 | 5,408 | -1.73% |
Dow Jones | 40,345 | -1.01% |
NASDAQ Comp | 16,691 | -2.55% |
Russell 2000 | 2,091 | -1.91% |
Country Indices | ||
 Canada | 22,781 | -0.90% |
 China | 2,766 | -0.81% |
 Germany | 18,302 | -1.48% |
 Hong Kong | 17,444 | 0.00% |
 India | 81,184 | -1.24% |
 Japan | 36,391 | -0.72% |
 United Kingdom | 8,181 | -0.73% |
Name | Value | % Chg |
|---|---|---|
Commodities (USD) | ||
 Gold | 2,524.6001 | -0.73% |
 Iron Ore | 91.61 | +0.34% |
 Copper | 4.0735 | -1.55% |
 WTI Oil | 67.67 | -2.14% |
Currency | ||
 AUD/USD | 0.6668 | -1.07% |
Cryptocurrency | ||
 Bitcoin (AUD) | 81,802 | +1.01% |
 Ethereum (AUD) | 3,428 | +0.86% |
Miscellaneous | ||
US 10 Yr T-bond | 3.71 | -0.56% |
VIX | 22.38 | +12.46% |
US Sectors
Sector | % Chg |
|---|---|
| Real Estate | +0.00% |
| Consumer Staples | -0.31% |
| Health Care | -0.40% |
| Utilities | -0.94% |
| Industrials | -1.07% |
| Energy | -1.17% |
Sector | % Chg |
|---|---|
| Materials | -1.35% |
| Financials | -1.57% |
| Information Technology | -2.40% |
| Consumer Discretionary | -2.81% |
| Communication Services | -2.90% |
S&P 500 SESSION CHART
Bar a spike of buying a couple of hours into the session, it was one-way traffic for the S&P 500. (Source: TradingView)
Industry ETFs
Name | Value | % Chg |
|---|---|---|
Commodities | ||
| Steel | 62.0294 | -1.02% |
| Gold Miners | 36.32 | -2.71% |
| Silver | 25.48 | -2.86% |
| Copper Miners | 38.58 | -3.14% |
| Uranium | 23.18 | -3.66% |
| Strategic Metals | 36.34 | -4.27% |
| Lithium & Battery Tech | 35.01 | -4.71% |
Industrials | ||
| Construction | 71.0424 | +0.20% |
| Global Jets | 18.59 | -0.85% |
| Agriculture | 24.22 | -1.10% |
| Aerospace & Defense | 139.97 | -1.60% |
Healthcare | ||
| Biotechnology | 142.75 | -1.41% |
Name | Value | % Chg |
|---|---|---|
Cryptocurrency | ||
| Bitcoin | 16.19 | -4.60% |
Renewables | ||
| Solar | 38.97 | -2.55% |
| CleanTech | 7.35 | -2.78% |
| Hydrogen | 22.66 | -3.04% |
Technology | ||
| E-commerce | 23.45 | -1.47% |
| Cloud Computing | 19.02 | -1.60% |
| Video Games/eSports | 68.41 | -1.65% |
| FinTech | 25.98 | -1.89% |
| Sports Betting/Gaming | 17.54 | -1.90% |
| Cybersecurity | 28.94 | -2.26% |
| Robotics & AI | 29.0 | -3.11% |
| Electric Vehicles | 20.97 | -3.72% |
| Semiconductor | 203.93 | -4.28% |
Key Events
Stocks trading ex-dividend:
Mon 9 Sep: Objective Corp (OCL) – $0.09, Viva Energy (VEA) – $0.067, CSL (CSL) – $2.203, Hub24 (HUB) – $0.195, Super Retail Group (SUL) – $0.87, Australian Finance (AFG) – $0.04, Perseus Mining (PRU) – $0.037
Tue 10 Sep: SG Fleet (SGF) – $0.243, News Corp (NWS) – $).107, Regis Healthcare (REG) – $0.066, Shriro Holdings (SHM) – $0.03, Bluescope Steel (BSL) – $0.30, Eagers Automotive (APE) – $0.24, Peet (PPC) – $0.028
Wed 11 Sep: EVT (EVT) – $0.20, Kogan (KGN) – $0.075, Ive Group (IGL) – $0.085, Adairs (ADH) – $0.07, Dusk Group (DSK) – $0.04, Pepper Money (PPM) – $0.05, IDP Education (IEL) – $0.09, IGO (IGO) – $0.26, Qualitas (QAL) – $0.058, Brambles (BXB) – $0.289, Mercury NZ (MCY) – $0.127, Accent Group (AX1) – $0.045, LGI (LGI) – $0.013, Cue Energy (CUE) – $0.01, Finbar (FRI) – $0.08
Thu 12 Sep: Spark New Zealand (SPK) – $0.128, Austin Engineering (ANG) – $0.008, BHP (BHP) – $1.092, McMillan Shakespeare (MMS) – $0.78, Navigator Global (NGI) – $0.044, Earlypay (EPY) – $0.002, Nine Entertainment (NEC) – $0.045, CTI Logistics (CLX) – $0.055, Perpetual (PPT) – $0.53, Atlas Pearls (ATP) – $0.01, Air New Zealand (AIZ) – $0.012, Cash Converters (CCV) – $0.001, TPG Telecom (TPG) – $0.09, PWR Holdings (PWH) – $0.092, Freightways (FRW) – $0.173, XRF Scientific (XRF) – $0.039, Breville Group (BRG) – $0.17
Fri 13 Sep: Grange Resources (GRR) – $0.005, Ramelius Resources (RMS) - $0.05, FFI Holdings (FFI) - $0.125, Perpetual Investment Company (PIC) - $0.04, Lovia Holdings (LOV) - $0.37, Kelsian Group (KLS) - $0.095, Ariadne Group (ARA) - $0.005, Downer EDI (DOW) – $0.011, Car Group (CAR) - $0.385. SKS Technologies (SKS) - $0.01, Data#3 (DTL) - $0.129, Cleanaway Waste Management (CWY) - $0.025
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