CommSec

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Aussie shares are edging lower at open on Tuesday with the #ASX200 losing 10pts or 0.1% to 8,820. Seven of 11 sectors are in the red, led by energy and miners while tech is outperforming.

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AM 7 Jul 26: Tech sparks #WallStreet rally.
https://t.co/IJncROO9JB

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Looking Ahead: In the US, there are ADP weekly employment figures and the trade balance for May out today.

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The ASX is set to open steady, with index futures flat. It comes after a strong rally on Wall Street, with the S&P 500 rising 0.7% and the Nasdaq climbing 1.1%. It was driven by chip stocks and the Magnificent 7, led by Tesla which rose >6%. $TSLA #ausecon

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Iron ore futures recovered as a drawdown in Chinese port stockpiles and a fresh liquidity injection from the central bank lifted sentiment, even as a sharp deterioration in steel mill profitability capped gains. The futures settled 0.1% higher at US$98.30 a tonne. #ausecon

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PM 06 Jul 26: Cautious start for the ASX

https://t.co/vQcRkElr0N

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Aussie shares were lower on Monday with the #ASX200 closing with a loss of 13pts or 0.15% to 8,831. Six of 11 sectors lifted but losses in banks and miners dragged the index lower. Health care and tech outperformed.

[CommSec @CommSec]

Aussie shares are lower at open on Monday with the #ASX200 dropping 19pts or 0.2% 8,825. Seven of 11 sectors are in the red, led by banks while energy is outperforming.

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AM 6 Jul 26: #ASX set to drop, #WallStreet gears up for earnings.
https://t.co/0RH5x2Cvzu

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This week also kicks off a big month of 2nd quarter earnings reports in America. It starts with Pepsico and Delta Airlines on Thursday and Friday and ramps up next week with the American mega-banks. Consensus forecasts are for S&P 500 earnings to rise 23.9% YoY in 2Q. #ausecon

[CommSec @CommSec]

The Aussie sharemarket is set to open lower, with index futures down 0.4% despite US stock futures markets trading higher in holiday trading, with S&P 500 futures up 0.4% and Nasdaq futures rising 1.2%. US markets were closed on Friday for the Independence Day long weekend.

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In the US, the ISM Services Purchasing Managers Index (PMI) for June is out today.

Later in the week, investors will await the release of the minutes from the US Federal Reserve's latest meeting. It was the first meeting under new Chairman Kevin Warsh. #ausecon

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Here are the best and worst performing #ASX200 stocks this week. Neuren Pharma $NEU topped the leaderboard after investors cheered a major regulatory breakthrough.

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Aussie shares surged on Friday to end the week higher, with the #ASX200 up 120pts or 1.4% to 8,844. Ten of 11 sectors gained, led by health care (+2.7%), while miners and banks underpinned the rally. Utilities was the sole sector to decline.

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PM 03 Jul 26: Best day in 3 weeks for ASX

https://t.co/sZ0Mmlp6hd

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Week Ahead: Key economic data out this week includes ANZ job ads on Monday in Australia. Overseas, US June quarter earnings season kicks off
https://t.co/OSxQRGbiTk

#ausecon