S&P/ASX 200 (INDEXASX:XJO) opened near-flat but has trended down over the morning to be down 0.51% to 6326 points at 11.34am.
Both the S&P 500 Index (INDEXSP:.INX) and the Nasdaq Composite (INDEXNASDAQ:.IXIC) finished higher last night but couldn’t help boost our local market.
With day one of three today at Macquarie’s Australia Conference 2019 in Sydney, a number of companies are releasing presentations with potential sensitive market information.
Google reports poor result aftermarket in US
After the US markets closed, Google’s parent company Alphabet (NASDAQ:GOOG) shares were down 7.3% on weaker than expected revenue.
EARNINGS: Alphabet Q1 EPS $11.90 Adj. vs. $10.61 Est.; Q1 Revs. $36.34B vs. $37.33B Est. • $GOOGL https://t.co/N757kcr9JF pic.twitter.com/lHWyPJLjyr
— CNBC Now (@CNBCnow) April 29, 2019