Business

Markets Live

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Markets Live: All talk, no action

Shares are set for an uncertain start after a flat night on Wall St, with little ahead to move the markets as investors await a raft of speeches from central bankers tonight.

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Markets Live: ASX rally sputters

The ASX trades flat after an early rally ran out of puff, while Metcash is boosted on its profit numbers and Aveo takes a hit following a Fairfax investigation.

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Markets Live: QBE leads ASX plunge

The sharemarket dives below the 5700-mark, losing $26b in value and suffering its worst session of the year, as investors fret over a steep fall in the oil price.

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Markets Live: Moody's unsettles banks

Shares end the session lower as investors grow more cautious around the lenders after a ratings agency downgrade, while falling oil and bond prices hit energy and listed property stocks.

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Markets Live: Amazon spooks retail stocks

Shares enjoy a broad-based rally to start the week, although investors are once again selling the supermarket owners amid rekindled fears around Amazon's upcoming disruption of Aussie retail.

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Markets Live: Banks trump tech

Investors ignored a mini US tech-wreck and ploughed into the big banks, helping the ASX record its best session in seven months, supported by upbeat business confidence data.

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Markets Live: ASX loses year's gains

Shares are back where they started the year after the ASX suffers close to its worst session in 2017 amid almost indiscriminate selling, while the RBA holds steady.

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Markets Live: Banks push ASX higher

Shares eke out some gains, thanks to a small boost from better than expected Chinese data, but the ASX remains on track for an awful monthly performance.

The S&P 600 technology sector slumped 2.7 per cent, its biggest one-day drop since May 17, and wiped nearly $US100 ...

Markets Live: Banks lead ASX comeback

After a weak start, bargain hunting among the oversold big banks as well as gains in the miners sparked a 40-point afternoon rally and left the ASX comfortably in the black.

A front loader scoops up freshly blasted rock containing iron ore.

Markets Live: Bruised ASX eyes iron ore

Shares endure a soft start the week, as selling in the banks resumes and after a sharp fall in the price of iron ore on Friday night weighs on the miners.

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Markets Live: Fear and loathing in retail

A vicious selloff in the retail sector gains pace was not enough to sink the overall market, which steadied and then climbed thanks to some bargain hunting in banks and resources stocks.