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Markets Live: ASX nudges 2016 highs

An intoxicating mix of global optimism and local takeover fever is driving the ASX close to a 2016 high, as Macquarie bids for Tatts and Bellamy's suspends its shares.

A rise in oil and iron ore prices may not be enough to lift the sharemarket today.

Markets Live: ASX see-saws

Shares fall then bounce only to drop again as selling in miners and banks intensifies, while bond proxies enjoy some relief and CSL shines.

The mini-bull run on Wall St and the ASX is set to roll on this morning.

Markets Live: Oil saves the day

Mining and especially energy stocks helped the market start the week on a good note, after crude prices jumped on news of production cuts.

Shares are set for a cautious start.

Markets Live: Blue chips dumped

Share falls are led by a plunge in Bellamy's following a soft sales report, as energy stocks give up some of yesterday's blockbuster gains and bond yields hit new 2016 highs.

Some of the post US election has leeched out of markets as OPEC and Italy's referendum loom.

Markets Live: Miners flatten ASX

Miners suffered a nasty reversal of fortunes, consigning shares to their third day of losses, while energy stocks fell ahead of a key OPEC meeting tonight.

Investors have done well out of the election of Donald Trump earlier this month.

Markets Live: Banks find buyers

Shares reverse early losses to trade higher, led by buying in the big banks, while Vocus's earnings guidance is poorly received.

The steep fall has prompted several global banks to cut oil price forecasts.

Markets Live: ASX slips on oil

Shares fall in a cautious start to the week as a sharp fall in the oil price weighs on energy stocks, while Metcash jumps on results.

Deflated.

Markets Live: Telstra leads ASX rebound

Shares recover from early losses, led up Telstra, while a surprise surge in full-time jobs keeps the unemployment rate steady, but the Aussie dollar slips.