Markets Live: Banks, energy fuel ASX gains
![Wall Street investors saw a jumpy session.](http://web.archive.org./web/20180204132255im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/b/e/8/4/image.related.landscape.120x80.h0sahk.png/1517550510741.jpg)
Shares closed higher, helping the benchmark post a gain for the week, as banks and energy companies led the advance.
Shares closed higher, helping the benchmark post a gain for the week, as banks and energy companies led the advance.
Earnings season is set to start in earnest this week and strategists are banking on the commodities sector to offset expected weakness from the banks.
A big concern for investors is the timing of the sell-off -- the middle of earnings season, a calendar period that for the last six years has a nearly perfect record of boosting stocks.
The North American Bitcoin Conference wrapped up 10 hours of speeches by inviting 5,000 attendees to what it called a networking party.
Wall Street's Dow Jones Industrial Average index tumbled 666 points in the biggest plunge since June 2016, as a rout in the bond market spilled into equities.
What we learned from the titans of tech.
Australian shares gained for a third straight session to seal a solid advance for the week.
His parents promised that if he became a millionaire before his 18th birthday, he wouldn’t have to go to college.
Markets look to be caught in chop after a week rife with high profile – but indecisive – event risk.
Bitcoin slumped to its low for the year amid mounting concerns of increased regulation and the viability of the cryptocurrency.
Inventor and Tesla chief executive Elon Musk claims he's sold thousands of flamethrowers in recent days, turning a online gag into a marketing ploy worth millions.
Shares started the new month on an upbeat note, with investors looking ahead to an upcoming earnings season to deliver some solid corporate results.
The Australian dollar's longest rally in 18 months is bringing out the bears.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7931 | 0.7926 | 0.0006rise | 0.08% rise |
AUD/EUR | 0.6365 | 0.636 | 0.0005rise | 0.08% rise |
Updated: February 3, 2018 - 9:01AM |
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