The S&P/ASX200 closed lower Friday, dropping 25 points or 0.33% to 7,392

The S&P/ASX200 closed lower Friday, dropping 25 points or 0.33% to 7,392. The tech sector shed 2.6%, and Nasdaq futures are down with Amazon and PayPal missing sales guidance. The iron ore giants started well, BHP hitting fresh highs for lunch, before Dalian iron ore futures crashed - Fortescue Metals down 5%. Next week: reporting season, lots and lots to watch and as we say here at ausbiz - dividend and conquer!Our top three VODs today:Three stocks to hold for 12 monthsSMSFs are "more confident" in value stocks and propertyFiona Clark talks reporting season and mergers that don't acquire Hosted on Acast. See acast.com/privacy for more information.

What this episode covers

The S&P/ASX200 closed lower Friday, dropping 25 points or 0.33% to 7,392. The tech sector shed 2.6%, and Nasdaq futures are down with Amazon and PayPal missing sales guidance. The iron ore giants started well, BHP hitting fresh highs for lunch, before Dalian iron ore futures crashed - Fortescue Metals down 5%. Next week: reporting season, lots and lots to watch and as we say here at ausbiz - dividend and conquer!Our top three VODs today:Three stocks to hold for 12 monthsSMSFs are "more confident" in value stocks and propertyFiona Clark talks reporting season and mergers that don't acquire Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on July 30, 2021.

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