Wall Street
ASX to edge higher as US jobs report calms Fed fears
The US jobs report showed that companies are still struggling to find enough workers as the economy rapidly recovers from the recession caused by the pandemic.
- by Damian Troise and Alex Veiga
Latest
Updated
World markets
ASX set to edge higher; AMC swings sharply on Wall Street
The ASX is set to inch higher at the open after a dour day on Wall Street, with meme stock AMC having another wild day.
- by Damian Troise and Alex Veiga
Opinion
World markets
Why you shouldn’t ignore the AMC share frenzy
Dismiss the AMC whirlwind at your peril. It is part of a much wider phenomenon that is a sign of the changing investment landscape.
- by Mohamed A. El-Erian
The hunt for missing billions goes on after Bernie Madoff’s death
Ponzi scheme mastermind Bernard Madoff died earlier this year. But the effort to untangle one of the biggest financial frauds in Wall Street history continues.
- by Tom Hays and Larry Neumeister
Updated
World markets
ASX eyes gains on back of another choppy Wall Street session
ASX poised for a positive start to the session as Wall Street swung between small gains and losses.
- by Damian Troise and Alex Veiga
Opinion
Opinion
The latest popular delusion on Wall Street may not end well
First there was GameStop, then a cryptocurrency boom and bust and now there’s AMC, the latest Wall Street frenzy that could end very badly for investors.
- by Stephen Bartholomeusz
Updated
World markets
ASX set to rise despite wobbly Wall Street session
Investors returned from a three-day holiday weekend and digested a report showing more growth in manufacturing as the coronavirus pandemic wanes in the US.
- by Damian Troise and Alex Veiga
Opinion
Opinion
We need to stop talking about another roaring 20s for sharemarkets
Whatever else may be in store this decade, it’s not likely to include a replay of the raging 1920s bull market.
- by Nir Kaissar
Analysis
World markets
No fear: Betting against a volatile stock market makes a comeback
Some investors are revisiting a popular trade that has largely been out of favour since last year’s market tumble: betting against stock market turbulence.
- by Saqib Iqbal Ahmed
ASX set to slide lower to kick off June
The Memorial Day weekend saw Wall Street closed, with US futures slipping along with European stocks.
- by Robert Brand
Citi is rethinking racial audits Jamie Dimon slams as ‘bureaucracy, BS’
Citigroup said it’s reconsidering a shareholder proposal requiring its board oversee an audit analysing its adverse impacts on communities of colour -- a measure which drew sharp reproach from the JPMorgan Chase boss.
- by Jenny Surane and Saijel Kishan