ASX down 1.23%: Oil prices rise
The Australian dollar fell below the US65¢ mark, reaching US64.87¢, its lowest level since late November.
Read MoreThe Australian dollar fell below the US65¢ mark, reaching US64.87¢, its lowest level since late November.
Read MoreThe S&P 500 notched a fresh record high on Friday as quarterly results from technology companies including Facebook-parent Meta topped expectations and the January jobs report came in much better than expected.
Read MoreAustralian shares opened 0.5% higher on Friday, with the financial sector, including banks, recovering by 0.7%. Investors were monitoring the potential impact of bad debt exposure to US commercial property.
Read MoreThe Dow Jones Industrial Average rose Thursday as stocks recover from a dismal day for the major averages after the Federal Reserve held steady on rates but signalled that a March cut is unlikely.
Read MoreThe S&P/ASX 200 Index declined by 1.2%, closing at 7588.2 points, primarily driven by investors' concerns regarding bad debt exposure in the real estate sector following warnings from US and Japanese lenders.
Read MoreThe S&P/ASX 200 Index fell by 1.03 percent at around 11:30am from a record high as the resources, energy, and tech sectors drove the market lower.
Read MoreUS stocks declined on Wednesday following the Federal Reserve's decision to keep interest rates unchanged.
Read MoreThe Australian sharemarket reached a new all-time high as inflation cooled more than anticipated in the December quarter, prompting a risk-on rally among traders.
Read MoreIn Q4, Australian inflation slowed to 0.6%, falling below the market consensus of 0.8%, marking the fourth consecutive quarter of declining annual inflation, with the CPI dropping from 5.4% to 4.1% over the past 12 months.
Read MoreThe S&P 500 ended Tuesday near the flatline as Wall Street waits for the latest Federal Reserve decision on interest rates.
Read MoreThe Australian sharemarket extended its winning streak to seven sessions, with the S&P/ASX 200 index gaining 0.3% and reaching 7600.2 points at the close, nearing its previous record high from August 2021.
Read MoreRetail sales in December dropped by 2.7%, falling short of the expected 1.9% decline, indicating that consumers reduced their spending ahead of Christmas.
Read MoreThe S&P 500 rose Monday and headed for a fresh record high as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve’s rate policy decision.
Read MoreAustralian sharemarket extended its winning streak for the sixth consecutive day, with the S&P/ASX 200 rising 0.3% to 7578.4 points, primarily driven by a 1.8% surge in energy stocks due to rising oil prices amid escalating tensions in the Middle East.
Read MoreThe Australian sharemarket exhibited mixed performance, as gains in energy stocks driven by rising oil prices due to escalating Middle East tensions were offset by a 1.3% decline in tech stocks, reflecting disappointing earnings reports from US tech giants, including a significant drop in Tesla's shares.
Read MoreThe S&P 500 closed slightly lower Friday, but clinched weekly gains as the latest economic data added to a positive picture of the economy.
Read MoreAustralian shares opened higher with a significant boost from iron ore miners BHP, Rio Tinto, and Fortescue, all of which saw gains exceeding 1 percent, driving up the overall market index.
Read MoreThe S&P 500 rose Wednesday as a number of big tech stocks rallied, pushing the broader market to new heights.
Read MoreAustralian shares experienced a subdued session, with the S&P/ASX 200 index edging up 0.1 percent, driven by a rally in the mining and utilities sectors, while health sector stocks, notably Nanosonics, saw significant declines.
Read MoreAustralian shares saw an extension of gains during the opening session, buoyed by the S&P 500 achieving its third consecutive record high. This development coincided with mixed quarterly reports preceding the "Magnificent 7" group of megacap companies.
Read MoreThe Dow Jones Industrial Average fell Tuesday, pulling back from record-breaking highs as traders pored through the latest batch of corporate earnings.
Read MoreThe Australian sharemarket extended its longest winning streak of the year as the S&P/ASX 200 index rose 0.5% to 7514.9, driven by gains in healthcare and financial sectors following a Wall Street rally that pushed the S&P 500 to a new high.
Read MoreThe Australian sharemarket continues to build on its upward momentum, mirroring a modest rally on Wall Street that propels the S&P 500 to a new record high.
Read MoreThe Australian sharemarket opened slightly higher, following a modest rally on Wall Street, which saw the S&P 500 reach a new high. The S&P/ASX 200 index is currently up by 0.59% at 7,520.90, reflecting a similar trend in US stocks, with the S&P 500 closing up 0.2% and the Nasdaq 100 up 0.3% overnight.
Read MoreUS stocks rose overnight as investors built on the previous session’s historic move to record highs.
Read MoreThe Australian sharemarket saw gains driven by a US rally, with tech and financial stocks leading the way. Buy now, pay later company Zip surged 16.5% after announcing a return to semi-annual profitability.
Read MoreBy mid-afternoon, the Australian share market rose by 0.6%, influenced by a positive trend in the US stock market.
Read MoreThe Australian sharemarket increased in response to a US rally, with the S&P 500 and Nasdaq reaching record highs.
Read MoreThe S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start the new year.
Read MoreAustralian shares have surged as they followed a tech rally on Wall Street due to positive US labor data, which boosted economic optimism and downplayed concerns about Federal Reserve interest rate cuts.
Read MoreTech companies, led by Apple, powered the market Thursday and pulled the major averages into positive territory.
Read MoreThe Australian sharemarket experienced a fifth consecutive day of decline, primarily driven by a decrease in interest rate-sensitive real estate stocks.
Read MoreASX falls due to the impact of UK inflation figures and US retail sales data, which prompted traders to reduce their expectations for interest rate cuts.
Read MoreStocks fell Wednesday as Treasury yields tracked higher following the release of stronger-than-expected U.S. economic data.
Read MoreThe Australian sharemarket experienced a decline on Wednesday, mainly due to disappointing economic data from China and revised expectations regarding US interest rates.
Read MoreAustralian shares started the trading day on a decline, influenced by the negative trend in Wall Street due to comments from US Federal Reserve policymaker Christopher Waller opposing expectations of an imminent interest rate cut.
Read MoreThe Dow Jones Industrial Average fell on Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings.
Read MoreOn Tuesday, the Australian sharemarket experienced a significant decline, reaching a four-week low, as risk-off sentiment swept across all sectors, resulting in the S&P/ASX 200 dropping 1.1% to 7414.8 points, its lowest level since mid-December, mirroring the decline in the All Ordinaries index.
Read MoreAustralian equity markets opened weaker taking their lead from Europe after news of soft GDP numbers from Germany overnight.
Read MoreEuropean stocks closed lower Monday as US markets were closed for a holiday and investors in the region gear up for the World Economic Forum in Davos, Switzerland.
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