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ASX set to rally; Wall Street bounces back, Bitcoin slips
The ASX 200 is set to snap a three-session slide on Friday, with SPI futures up 0.7 per cent. Wall Street rallied overnight as inflation fears eased.
- by Alex Druce
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As it happened: Inflation fears drag ASX to a four-week low
Inflation fears tightened their grip on the ASX 200 on Thursday, with the local sharemarket dropping another 0.9 per cent to close at 6982.7.
- by Alex Druce
As it happened: ASX slips 0.7% even as CBA, tech stocks rise
The ASX 200 dropped 0.7% on Wednesday to close at 7044.9, backing further away from Monday’s record closing high.
- by Lucy Battersby and Alex Druce
As it happened: ASX dips 1.1% as Federal Budget looms
The ASX 200 slipped 1.1 per cent from Monday’s record close as investors awaited the delivery of the Federal Budget. Tech stocks dropped 4.2 per cent.
- by Alex Druce and Lucy Battersby
As it happened: ASX200 rises 1.3 per cent to its best ever close
The ASX200 gained 1.3 per cent on Monday to reach its highest ever close of 7172.8. The market leapfrogs the previous high set in February 2020.
- by Lucy Battersby and Alex Druce
As it happened: Banks, miners strong as ASX records 0.8% weekly rise
The ASX200 finished 0.3 per cent ahead on Friday to record its first weekly gain in three, with investors cycling out of growth and into bank and mining stocks.
- by Alex Druce
As it happened: ‘Exhausted’ ASX weighed down by Sydney COVID jitters
The ASX200 retreated 0.5% from yesterday’s 14-month high after sharp tech selloff, a decline for NAB, and new coronavirus restrictions in Sydney.
- by Alex Druce
As it happened: ASX closes at new 14-month high
The ASX200 gained 0.4% to close at 7095.8 points, the highest finish since 21 February, 2020 and within 70 points of the all-time high.
- by Alex Druce and Lucy Battersby
As it happened: ASX adds 0.6% as big miners, energy firms fire
The mining titans drove the ASX200 higher on Tuesday as the index added 0.6 per cent, its best session in nearly two weeks.
- by Lucy Battersby and Alex Druce
As it happened: Westpac helps ASX cling to narrow gain
The ASX200 started Monday with a strong rise, but faded into the afternoon. The market finished flat at 7028.8.
- by Alex Druce and Lucy Battersby
As it happened: ASX stumbles to cap otherwise strong April
The Australian sharemarket fell by as much as 1 per cent on Friday in what was an otherwise strong month, with the index setting new post-COVID highs.
- by Alex Druce