The Australian stock market recovered last week from a very volatile past couple of weeks as US markets come to grips with potentially higher inflation and higher rates quicker than previously expected. The benchmark S&P/ASX 200 index gained 1.3% for the week still well below the magic 6000 points and despite a relatively solid week.
© 2024 Pursue Wealth
Pursue Wealth Pty Ltd ABN 95 602 183 773 Authorised Representative No. 469120 of Achieving Your Dreams Pty Ltd ABN 19 669 760 561 AFSL No. 552419. This website contains general advice only and has been prepared without taking into account your objectives, financial situation or needs. Before acting on this general advice, you should consider the appropriateness of it to your situation. You should obtain and read the relevant Product Disclosure Statement (PDS) before making any decision to acquire any financial product. Please refer to our FSG (available at pursuewealth.com/financial-services-guide) for contact information and information about remuneration and associations with product issuers.