Disappointing earnings weigh on Dow
The Dow Jones Industrial Average fell Tuesday, pulling back from record-breaking highs as traders pored through the latest batch of corporate earnings.
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ASX closed 0.5% higher: Healthcare and Financials outperform
The 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 MoreAfternoon update:ASX up 0.7% as Healthcare leads
The 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 MoreASX up 0.59% following new records set by S&P 500
The 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 MoreThe Dow and S&P 500 reach new highs
US stocks rose overnight as investors built on the previous session’s historic move to record highs.
Read MoreASX closed 0.75% higher: Big banks rally
The 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 MoreAfternoon update: ASX up 0.6% but faces challenges from falling metal prices
By mid-afternoon, the Australian share market rose by 0.6%, influenced by a positive trend in the US stock market.
Read MoreASX up 0.56%: S&P 500 and Nasdaq reach record highs
The Australian sharemarket increased in response to a US rally, with the S&P 500 and Nasdaq reaching record highs.
Read MoreS&P 500 closes at an all-time high
The 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 MoreASX up 1.02%: Wall Street rallies on Tech
Australian 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 stocks lift major US averages
Tech companies, led by Apple, powered the market Thursday and pulled the major averages into positive territory.
Read MoreASX closes 0.6% lower: Aus shares experience fifth consecutive day of losses
The Australian sharemarket experienced a fifth consecutive day of decline, primarily driven by a decrease in interest rate-sensitive real estate stocks.
Read MoreASX down 0.78%: UK higher than expected inflation data and US retail sales figures
ASX 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 MoreS&P500 falls after retail sales data for December comes in better than expected
Stocks fell Wednesday as Treasury yields tracked higher following the release of stronger-than-expected U.S. economic data.
Read MoreASX closes 0.3% lower: China economic data disappoints
The Australian sharemarket experienced a decline on Wednesday, mainly due to disappointing economic data from China and revised expectations regarding US interest rates.
Read MoreASX down 0.1%: Interest rate-sensitive real estate stocks
Australian 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 MoreS&P500 falls as major US banks report earnings
The Dow Jones Industrial Average fell on Tuesday as rates ticked higher and Wall Street pored through the latest batch of fourth quarter earnings.
Read MoreASX closes 1.1% lower to hit a four-week low
On 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 MoreASX down 0.98% at noon, Coles and Woolworths fall after ACCC comments
Australian equity markets opened weaker taking their lead from Europe after news of soft GDP numbers from Germany overnight.
Read MoreEuropean markets weaker as US markets closed for Martin Luther King holiday
European 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.
Read MoreASX closes flat: Energy surges over 2%
Aus shares closed flat, while Santos' NT gas project received the green light. Super Retail rallied on on a $2 billion sales update.
Read MoreASX down 0.08%: Energy is leading sectors
Australian shares are trading lower ahead of Wall Street being closed for Martin Luther King Day.
Read MoreDow records decline following initial wave of fourth quarter earnings report
The Dow Jones industrial Average slipped Friday as traders parsed through the first batch of fourth-quarter earnings and digested the second in a pair of closely watched inflation reports this week.
Read MoreASX down 0.04% at noon: Oil prices surge
Oil prices surged after the US and UK conducted airstrikes on Houthi rebel targets in Yemen in response to the group's attacks on ships in the Red Sea.
Read MoreUptick in US CPI data weighs on markets
Stocks moved lower Thursday, shrugging off a fresh round of inflation data that reflected an uptick in consumer prices for December.
Read MoreASX closes 0.5% higher: 8 out of 11 sectors advance
On Thursday, shares in the Australian stock market rose, with the S&P/ASX 200 gaining 0.5%, driven by a tech rally on Wall Street and the approval of bitcoin exchange-traded funds in the US.
Read MoreAfternoon update: ASX up 0.5%, Bitcoin ETFs approved in US
Australian shares are up 0.5 per cent by mid-afternoon, boosted by Wall Street's mega-cap tech stock rally and the approval of US bitcoin exchange-traded funds.
Read MoreASX up 0.4%: Bitcoin surges after SEC approvals
Bitcoin surged past US$47,000, and Ethereum saw a more than 10% increase following the approval of spot bitcoin exchange-traded funds (ETFs) by US regulators.
Read MoreUS market pushes higher as investors prepare for inflation data
US stocks traded higher Wednesday, with investors awaiting the release of fresh US inflation data and earnings tomorrow.
Read MoreASX closes 0.7% lower: Inflation data suggests RBA may maintain cash rate in Feb
The Australian sharemarket experienced a decline, driven by falls among mining companies despite a cooler-than-expected inflation gauge. The S&P/ASX 200 dropped 0.7% to 7468 points, with the All Ordinaries following a similar trend. The benchmark index had fallen in five of the last six sessions, resulting in a 1.6% decrease since the start of the year.
Read MoreAfternoon update: ASX down 0.55% as inflation cools in November
Australian shares are down 0.55 per cent by mid afternoon following a weak Wall Street performance and lower-than-expected November inflation.
Read MoreASX down 0.16% at noon: inflation in Australia decreased to 4.3% in November
In November, inflation in Australia decreased to 4.3%, which was lower than the expected 4.4%, marking a crucial economic data point that will influence the Reserve Bank's upcoming monetary policy decision in February.
Read MoreTech stocks lift amidst early 2024 challenges
The S&P 500 trimmed an earlier decline Tuesday, boosted by tech shares, as Wall Street looked to regain its footing after a tough start to 2024.
Read MoreASX closes 0.9% higher: Tech sector surges
Australian shares surged on Tuesday, driven by a strong performance on Wall Street and the best monthly retail sales report in two years.
Read MoreAfternoon update: ASX up 1.09% on Wall Street boost and retail sales
Australian shares rallied by 1.09 per cent during mid-afternoon trading, boosted by a strong performance on Wall Street and the best monthly retail sales report in three years.
Read MoreASX up 1.01% at noon: Australia’s retail sales rise 2% in November
Australian retail trade exceeded market expectations by rising 2% in November, driven by Black Friday sales, with a year-on-year increase of 2.2%.
Read MoreTech shares boost the broader market index
Overnight, the major averages rose, thanks to strong performance in the tech sector, as Wall Street aimed to bounce back from a challenging week.
Read MoreASX closes 0.5% lower following US jobs data
Australian shares extended their four-day losing streak as a result of US jobs data over the weekend, which reduced expectations of rate cuts.
Read MoreAfternoon update: Shares slip as traders unwind January rally
Australian shares are sliding in the final trading hours of Monday, continuing a tough start to the year due to traders unwinding last month's market rally.
Read MoreEnergy stocks drive market higher: ASX up 0.18% at noon
Australian shares have shown a modest increase near midday, rebounding from a challenging start to the year. Traders are eagerly awaiting further information regarding global economic inflation concerns.
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