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The Aussie market is up 0.4% on vaccine hopes as the ASX resolved tech issues which kept markets closed on Monday. The local market is on track to have its best month since March 1988.

Both the Dow Jones and S&P 500 hit record highs thanks to encouraging early vaccine trial results from US company Moderna.

The Aussie market only managed to trade for ~20 minutes to start the new trading week as a market data issue at the ASX caused an outage for the remainder of the session. In the brief time the market was open, it was rather positive for the ASX 200 which continued to hit fresh 8-month highs with a gain of 79pts or 1.23%.

While the Aussie market surged by 1.2% in early trade following a positive lead from Wall Street, tech issues at the ASX forced a pause in trade at 10:24am AEDT.

The US sharemarket rose by 1.4% on Friday, finishing at a record closing high. The concerning spike in coronavirus cases is being offset by vaccine optimism.

While the Australian sharemarket eased by 0.2% on Friday, it still rose by 3.5% this week and is up 8% so far this month on vaccine hopes and plans to reopen state borders.

Catch up on the full webinar with presentations from Venture Minerals (ASX: VMS), Cogstate Limited (ASX: CGS), Manhattan Corporation (ASX: MHC) and Dusk Group Limited (ASX:DSK).

The Aussie market is down by ~0.4% at lunch, slipping for a second day as America’s record lift in coronavirus cases is back in focus.

The ASX 200 is set to open lower on Friday, following in the footsteps of US markets overnight, which closed around session lows and ended a run of gains that saw the broader US market rise by 9% since the start of last week.

The Australian sharemarket fell by 0.5% on Thursday after five days of gains and stocks hitting eight-month highs yesterday. Energy, travel and shopping mall owners were mostly lower after surging on positive vaccine trial results on Tuesday.

The Australian sharemarket is down by just 0.2% at lunch after hitting eight-month highs and lifting for five straight days partly thanks to vaccine hopes.

Growth stocks outperformed value shares in an apparent shift back to the safety trade that has powered this year’s gains. Shares of technology companies rebounded – after being hit hard earlier this week – as investors bet that the US economic recovery will be slow due to the virus resurgence.

The Australian sharemarket has extended its winning streak to five days, with all sectors lifting strongly as Tuesday’s vaccine trial results continue to encourage.

The Aussie sharemarket is remaining near eight-month highs and has surged by close to 6 percent over the past week. The ASX 200 is up 1.2 percent to 6,422 on Wednesday, with all sectors lifting strongly at lunch.

Investors ditched growth stocks in favour of value stocks. Tech shares continued to retreat. Apple (-0.3%) introduced its first notebook computer with an Apple-designed microprocessor.

The Aussie market has managed to close higher for a fourth session in a row as it again closes at the best levels since March. The ASX 200 index had popped 2.2% on the open on encouraging COVID-19 vaccine developments.

The Aussie market continues to hit fresh 8-month highs as the ASX 200 pushes through 6,400 points at lunch. Positive news about a Pfizer vaccine trial has seen travel, banking, and energy stocks soar.

A large-scale coronavirus vaccine study delivered promising results. US drugmaker Pfizer (+7.7%) and its German partner BioNTech (+13.9%) said data from the trial of their vaccine showed it was more than 90% effective in preventing COVID-19.

The ASX 200 has continued its post-election rally with the index jumping 108pts or 1.75% to 6,298. The index also hit 8-month highs as investors continue to react to the news of Joe Biden as President-elect. Gains were rather widespread with miners helping drive broader market improvements.

Gains have been widespread as every sector makes advances. Leading the charge have been the materials, IT and communications, all with improvements of at least 2%. Energy, financials and utilities are seeing the smallest lifts.

Catch up on the full webinar with presentations from Star Combo Pharma (ASX: S66), Marenica Energy (ASX: MEY), The Agency Group (ASX: AU1) and Nanollose Limited (ASX: NC6).

US Senate Majority Leader Mitch McConnell said Congress should enact a smaller, targeted coronavirus stimulus package. At the close of trade, the Dow Jones index was lower by 67 points or 0.2%.

The Aussie market has finished Friday’s session firmer with the ASX 200 adding 50 points or 0.8% to 6,190. This helped the index climb 4.4% for the week, the best in 4 weeks.

The index remains firmer and is 40 points or 0.67% at 6,180 around midday. Today’s gains are also adding to what has been a positive week for local shares with the Aussie market ~4% higher.

There were hopes that the winner of the US election would soon be determined with Joe Biden on the brink of claiming the presidency. Investors bought technology and healthcare firms on bets that a divided US Congress would mean no major tax hikes or regulatory changes that would derail the sectors.

The Australian sharemarket rose by 1.3% on Thursday, taking the gains for the week so far to 3.5% as US election counting continues.

The Australian sharemarket is lifting by 1% at lunch despite some uncertainty surrounding the US Election.

Investors concluded that neither US presidential candidate would have a mandate to implement significant changes, including changes on taxes. Healthcare rose 4.5% with technology up 3.9%.

The Australian sharemarket finished flat in volatile trade as votes continue to be counted in the US election. Banks and miners held the market back most.

The Australian sharemarket has faded from a better start as the US election continues and results start to filter through.

Investors hoped that a clear winner would emerge from the US presidential election and a contested result would be avoided. The lead for Democratic Party nominee Joe Biden in national opinion polls raised expectations for a decisive outcome.