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TDAY News4 articles
NAB Reports Surge in Mortgage Offset Usage Amid Rate Uncertainty
National Australia Bank reports a significant increase in offset account adoption, with 75% of mortgage customers now utilizing them. The trend intensifies as households brace for potential interest rate hikes.
IREN Plunges 7% on Friday Despite MSCI USA Index Inclusion
Shares of IREN Limited dropped 7.4% on Friday, closing at $40.95, even as the company was added to the MSCI USA Index. Trading volume surged to 52.66 million shares amid a broad market sell-off.
IREN Gains Entry into MSCI USA Index Amid AI Pivot
IREN Limited is set to join the MSCI USA Index after the market closes on February 27, a move that could drive passive fund buying. The company's shares rose 2.85% on Friday, boosting its market capitalization to approximately $13.7 billion.
IREN Stock Surges Ahead of MSCI USA Index Inclusion
IREN Ltd. shares advanced 5.5% to $42.22 on Friday following its announced addition to the MSCI USA Index, with trading volume reaching 31.6 million shares.