Australian shares mark worst month since June on recession woes [Reuters]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Reuters
(Updates to close) Sept 30 (Reuters) - Australian shares on Friday posted a third weekly loss and their worst month in three, as concerns over a potential global recession sapped risk appetite after the U.S. Federal Reserve reiterated its aggressive stance to tackle inflation. The S&P/ASX 200 index closed 1.2% lower on Friday. The benchmark ended 1.4% higher in the previous day. Worries emerged after U.S. central bank officials overnight said they will continue raising borrowing rates to arrest price pressures, even as recession worries and turmoil in global markets lingered. Central banks from Australia and New Zealand are also set to raise their key policy rates by 50 basis points each in their October meetings in an attempt to tame red-hot inflation. “We also expect the RBA to ‘soften' its message by removing the reference to “over the months ahead” in the context of further rate increases,” analysts from ANZ Research said. Financials led the laggards for the day, losi
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SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- SQ's page on the SEC website