Weekly Market Update – 9th June 2023
Investment markets and key developments The US S&P500 was up again over the week, rising by 0.4% (and is up by 12% since January) and the tech-heavy NASDAQ was 0.1% higher and this also follows a massive rally over recent weeks (with the NASDAQ up by 27% since the beginning of the year). Australian shares were down 0.3% over the week and are only up by 1.1% over the year, underperforming the US because of weakness in financials and energy [...]