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History points to post-election gains for Wall Street

History points to post-election gains for Wall Street

Wall Street is moving past the uncertainty of election season and, if history is a guide, investors can indeed breathe a sigh of relief.

  • by Damian J. Troise

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ASX sheds 0.4% after virus whacks Wall St; Banks, BHP sag again

ASX sheds 0.4% after virus whacks Wall St; Banks, BHP sag again

The ASX 200 edged lower on Friday after a sharp selloff on Wall Street overnight, fuelled by spiking COVID-19 infections and the prospect of future lockdowns.

  • by Alex Druce
Wall Street scuffles as worsening pandemic slows its rally

Wall Street scuffles as worsening pandemic slows its rally

US stocks have been struggling overnight amid worries about worsening coronavirus counts across the world's largest economy.

  • by Stan Choe and Damian J. Troise
As it happened: ASX takes a breather after five-day, 5% rally

As it happened: ASX takes a breather after five-day, 5% rally

The Australian sharemarket slipped 0.5% on Thursday, with investors pausing for breath after five straight days of gains.

  • by Alex Druce
China clampdown on Big Tech puts more billionaires on notice

China clampdown on Big Tech puts more billionaires on notice

Xi Jinping's Communist Party is stepping up efforts to rein in some of China's most powerful companies, jolting investors and dealing a blow to the country's richest entrepreneurs.

  • by Zheping Huang and Coco Liu
Wall Street rallies towards record highs as tech shares shine

Wall Street rallies towards record highs as tech shares shine

Another rally for the S&P 500 is sending it to the edge of its record high, and this time big technology stocks are also rising on Wall Street.

  • by Stan Choe
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Pfizer CEO pockets $7.7m after offloading shares

Pfizer CEO pockets $7.7m after offloading shares

Pfizer chief executive officer Albert Bourla offloaded shares a day after the release of after a report on results from its experimental vaccine with partner BioNTech.

  • by Cristin Flanagan and Anders Melin
Vaccine prompts analysts to call end of COVID retail boom

Vaccine prompts analysts to call end of COVID retail boom

Consumer stocks like Domino's Pizza and JB Hi-Fi were surprise beneficiaries from the COVID lockdown but a vaccine could see their wings clipped.

  • by Lucy Battersby
The 'known unknowns' in markets are no longer as obvious as they seemed
Opinion
Investing

The 'known unknowns' in markets are no longer as obvious as they seemed

The uncertain path to containing the pandemic along with a fresh surge of COVID-19 cases in Europe and the US is making Australia a more attractive place to invest.

  • by Stephen Bartholomeusz
As it happened: ASX pushes to highest since February with 1.7% rise

As it happened: ASX pushes to highest since February with 1.7% rise

The S&P/ASX200 moved back above 6400 to a fresh eight-month high on Wednesday, gaining 1.7%. Energy, financials, tech, and real estate stocks soared.

  • by Alex Druce and Lucy Battersby
The $2.8 trillion rotation: How markets were rocked by vaccine news

The $2.8 trillion rotation: How markets were rocked by vaccine news

News of a breakthrough in the race to find a COVID-19 vaccine sparked one of the heaviest trading days since the height of the pandemic crisis.

  • by Thyagaraju Adinarayan and Saikat Chatterjee