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Australian shares to open flat as Wall St slips on Nvidia uncertainty

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Australian shares to open flat as Wall St slips on Nvidia uncertainty

The Australian sharemarket is set to open flat after Wall Street ended mixed on Friday. Another selloff in semiconductor stocks overshadowed softer-than-expected US inflation data that eased concerns over a larger Federal Reserve interest rate hike in December.

Directly affected

  • NVDA Nvidia-27.4% 30d

    Named in this report.

Indirectly affected

  • SMH VanEck Semiconductor ETF-15.4% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.

  • SOXX iShares Semiconductor ETF-19.1% 30d

    iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.

  • TLT iShares 20+ Year Treasury Bond ETF+1.1% 16d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “federal reserve” (US interest rates) in this story.

  • TIP iShares TIPS Bond ETF+1.1% 16d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • EWA iShares MSCI Australia ETF+2.0% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australian”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia

  • TSM Taiwan Semiconductor Manufacturing-10.6% 30d

    Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
NVDA+9.70%+6.76%baseafter closeafter closeafter closeafter close
SMH+0.14%+4.23%baseafter closeafter closeafter closeafter close
SOXX-1.72%+4.04%baseafter closeafter closeafter closeafter close
TLTPrices arriving within minutes———after closeafter closeafter closeafter close
TIPPrices arriving within minutes———after closeafter closeafter closeafter close
EWA+2.03%+1.10%baseafter closeafter closeafter closeafter close
BWXPrices arriving within minutes———after closeafter closeafter closeafter close
EFAPrices arriving within minutes———after closeafter closeafter closeafter close
TSM-2.48%+3.67%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Australian shares to open flat as Wall St slips on Nvidia uncertainty Capital Brief

Source: Capital Brief

This story

CompanyWhenMoveStatus
EWAthree days earlier+1.10%final price
EWAfive days earlier+2.03%final price
NVDAthree days earlier+6.76%final price
NVDAfive days earlier+9.70%final price
SMHthree days earlier+4.23%final price
SMHfive days earlier+0.14%final price
SOXXthree days earlier+4.04%final price
SOXXfive days earlier-1.72%final price
TSMthree days earlier+3.67%final price
TSMfive days earlier-2.48%final price

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Australian shares to open flat as Wall St slips on Nvidia uncertainty” scores 12 out of 100. The score uses 1 sources.