S&P500 trades higher as investors looked ahead to US jobs report
The S&P 500 has risen Thursday, attempting to snap a three-day losing streak as traders looked ahead to Friday’s all-important jobs report.
Read MoreThe S&P 500 has risen Thursday, attempting to snap a three-day losing streak as traders looked ahead to Friday’s all-important jobs report.
Read MoreA weak trade report for November, especially concerning imports, confirms the ongoing challenges in the country's economy almost a year after hopes of a post-Covid economic boost.
Read MoreThe ASX experienced a relatively calm trading session, with the exception of a sharp decline in energy stocks following a significant drop in oil prices, including a 4.1% decrease in US oil, bringing it below $70 per barrel and marking a 5-month low.
Read MoreA snapshot of the stocks on the move, featuring
Tamboran Resources (ASX:TBN), Invictus Energy (ASX:IVZ), Blaze Minerals (ASX:BLZ) and Elixir Energy (ASX:EXR).
Energy stocks on the ASX are down over 2% as a result of a 4.1% drop in US oil prices, which fell below $70 per barrel, despite a 4.63 million barrel decrease in US crude stockpiles. Brent also slid more than 3.5% to below $75 per barrel.
Read MoreFonterra (ASX:FSF), the world's largest producer and exporter of dairy products, has increased its earnings forecast and expected payments to New Zealand farmer customers in response to rising global prices.
Read MorePerpetual (ASX:PPT) has rejected Washington H. Soul Pattinson's (ASX:SOL) all-paper offer, which includes no cash.
Read MoreUS stocks wavered on Wednesday as investors assessed data indicating falling inflation, while the jobs report loomed.
Read MoreUS stocks wavered on Wednesday as investors assessed data indicating falling inflation, while the jobs report loomed.
Read MoreOn Wednesday, the Australian sharemarket experienced its largest one-day rally in over a year, with the benchmark S&P/ASX 200 index surging 1.7% to 7178.4 points, driven by increased speculation of an interest rate cut by the Reserve Bank.
Read MoreIncreased government spending on energy and childcare rebates, investment, and defense spending kept the Australian economy afloat in the three months to September, even though economic growth slowed to less than walking pace, growing at just 0.2%.
Read MoreSigma Healthcare is expected to announce a major transaction today, which will result in a backdoor listing by the privately-owned pharmacy giant, Chemist Warehouse, on the Australian stock exchange.
Read MoreFund Manager Chris Pedersen discusses BlueScope Steel (ASX:BLS), Collins Foods (ASX:CKF), and Johnson & Johnson (ASX:JNJ).
Read MoreShares in Evolution Mining (ASX:EVN) plummeted by 14% on Wednesday after trading resumed following a halt. The halt was to facilitate the company's efforts to raise $525 million to finance the acquisition of an 80% stake in the Northparkes copper gold mine in New South Wales, Australia, from China's CMOC.
Read MoreAustralia's GDP growth in the third quarter was 0.2%, falling short of the market consensus of 0.4%, with a year-on-year expansion of 2.1%, in line with the previous quarter and exceeding forecasts.
Read MoreA snapshot of the stocks on the move, featuring Latin Resources (ASX:LRS), Lanthanein Resources (ASX:LNR) and Noble Helium (ASX:NHE).
Read MoreRio Tinto (ASX:RIO) has placed a $6.2 billion price tag on its share of developing the Simandou iron ore deposit in the African country of Guinea.
Read MoreApple's market value surged past $3 trillion for the first time in four months on Tuesday as Apple shares gained 2% to reach $193.42. Despite reducing its shares through buybacks, the tech giant has seen its stock price rise by over 52% this year, showcasing its resilience.
Read MoreMoody’s Investors Service has downgraded its outlook on China’s sovereign credit rating to negative.
Read MoreThe Dow Jones Industrial Average and the S&P 500 slid on Tuesday as a recent rally on Wall Street lost steam.
Read MoreThe chances of today's Australian third-quarter GDP coming in weaker than forecast rose on Tuesday, with the country seeing a near $8 billion plunge in its current account deficit, reaching a deficit of $158 million.
Read MoreGlobal oil prices continued to decline on Tuesday, causing more concern for Russia. US crude prices reached their lowest levels since mid-year, hovering at around $72.57 a barrel at 7 am Wednesday, Sydney time, while Brent was trading at approximately $77.40.
Read MoreStocks wavered on Tuesday as a recent rally on Wall Street lost steam.
Read MoreAustralian shares experienced their most significant single-day drop in over a month on Tuesday, reflecting a change in trader sentiment after a robust November rally.
Read MoreThe Reserve Bank of Australia has announced its decision to keep the cash rate unchanged at 4.35 per cent in its final policy meeting for the year.
Read MoreA snapshot of the stocks on the move, featuring Atlas Pearls, Adavale Resources and Horizon Minerals.
Read MoreRio Tinto has announced plans to spend over half a billion dollars on exploration and other activities for its upcoming anchor iron ore mine in the Pilbara region, ensuring its significance for decades to come.
Read MoreEvolution Mining (ASX:EVN) has proposed to acquire an 80% stake in the long-established Northparkes copper-gold mine in the state's central west for over $700m.
Read MoreOne forecast that drew attention this week came from Moody’s, which issued a cautionary outlook for the health of the global banking sector in the upcoming year.
Read MoreAustralian shares are declining at midday, with mining and tech stocks leading the downturn, ahead of the Reserve Bank of Australia's final rate decision for the year.
Read MoreStocks slipped on Monday as investors questioned whether the market was getting ahead of itself following five straight winning weeks.
Read MoreThe precious metal's prices plummeted from record highs during Monday's global session in Asia, driven by a stronger dollar and increased US treasury yields as the day progressed.
Read MoreToday marks the judgment day for Origin Energy, as trading in the company's shares is set to resume later on Tuesday. This comes after the well-anticipated defeat of the $20 billion bid for the company by Canada's Brookfield and the US's EIF.
Read MoreEmpire Energy Group (ASX:EEG) has announced its strategic acquisition of AGL Limited's Rosalind Park Gas Plant for a total consideration of $2.5 million in cash.
Read MoreThe Australian sharemarket experienced a positive uptick on Monday with nine of its eleven sectors showing gains, driven by investor optimism amid expectations that global central banks have completed their monetary policy tightening.
Read MoreThe $20 billion (enterprise value) bid for Australia's Origin Energy (ASX:ORG) has been defeated, leaving the company to chart its own path once again.
Read MoreGold soared past $2,100 in Asian dealings on Monday, setting a new high for the third consecutive day.
Read MoreOn the opening day of the Munich Motor Show (IAA) in Munich, Germany, Ecopro BM Co. announced a groundbreaking deal with Samsung SDI Co. that could reshape the electric vehicle (EV) market.
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