Today
- Live
- Markets Live
ASX starts flat, Synlait hit by downgrade
Shares unchanged; Wall Street rebounds; a2 Milk affirms 2024 guidance; iron ore tops $US137 a tonne; $A at 5-month highs. Follow updates here.
- 6 mins ago
- Timothy Moore, Cecile Lefort and Sarah Jones
- Opinion
- Opinion
Why you should be sceptical of the market rally
Investors are ignoring geopolitical risks and have swallowed the “immaculate disinflation” thesis hook, line and sinker.
- Christopher Joye
Yesterday
Fund managers ready for a big year in small caps
Signs of life are returning to the smaller end of the ASX as traders ramp up their bets on interest rate cuts. Here are eight stocks that are tipped to succeed in 2024.
- Sarah Jones and Joanne Tran
ASX retreats, Liontown slumps, Pacific Smiles powers up
Shares drop; Pacific Smiles turns down “undervalued” bid; Liontown in royalty dispute; Bubs raises $17m to expand; Transurban secures $800m 10-year debt. Follow updates here.
- Updated
- Timothy Moore, Sarah Jones, Joanne Tran and Cecile Lefort
Tesla is getting trounced by S&P 500 three years after joining
The EV car maker’s shares have risen about 11 per cent since entering the benchmark US index, which itself has surged 28 per cent over the same time.
- Esha Dey
This Month
Global shift in rate cut bets sparks Santa rally
A “dovish” pivot from the Fed last week has lit a fire under equities, which have correctly bet that global monetary settings are shifting gear.
- Updated
- Sarah Jones and Cecile Lefort
- Opinion
- Analysis
Making sense of the December market madness
Equities are on fire and Australian investors are enjoying a broad-based rally in stocks that may just be getting started.
- Jonathan Shapiro
- Opinion
- Chanticleer
Rally has more room to run as investors get three green lights
The market has built a head of steam in the last two months, and until there’s a clear risk to the Goldilocks soft landing scenario there is little reason for the bulls to turn.
- James Thomson
Investors tip strong payouts from sin-binned coal stocks
The coal sector is consolidating as big miners sell assets at bargain prices to juniors that can potentially grow resources and balance dividend payouts.
- Tom Richardson
ASX rallies; KMD, PEXA tumble; consumer stocks jump
Shares advance, tracking gains on Wall Street; oil rises; Orica buys Canadian company for $560 million; KMD Brands sales slide; $A rises. Follow updates here.
- Updated
- Timothy Moore, Joanne Tran, Cecile Lefort and Sarah Jones
Fed’s pivot forces sharemarket sceptics to become believers
Rate cut talk from the Federal Reserve last week has forced even the most steadfast Wall Street bears into changing their tune on US equities.
- Alexandra Semenova
ASX charges ahead, Rio closes at record high
Shares rally; AGL plans $750m battery plant, Propel Funeral expands; Apple slips on patent loss, Azure gets sweeter bid, Origin spends big in UK. Follow updates here.
- Updated
- Timothy Moore, Cecile Lefort, Joanne Tran and Sarah Jones
How this former Socceroo invests for his kids
An initial gift of $2000 with an extra $100 a month can mean a 21st birthday gift of almost $40,000 in today’s money.
- Louis White
Biotech sensation Neuren rallies to record on clinical trial results
Neuren has developed a drug that treats neurological disorders in children to improve hand movement and communication.
- Tom Richardson
Zip raises $150m corporate loans at 15pc
The buy now, pay later company says it has refinanced its corporate loan, the latest in a long-running effort to clean up its balance sheet.
- Jonathan Shapiro
It’s the ‘new lithium’: Uranium tipped to extend bull run into 2024
A COP28 pledge to triple nuclear capacity and China’s plans to build 154 new reactors point to higher prices for the strategic commodity, say analysts.
- Tom Richardson
- Opinion
- Chanticleer
Why it might be time to strap in for a wild end to 2023 on markets
Shares have rallied hard in the past six weeks, but more big moves in the dog days of December aren’t out of the question.
- James Thomson
- Opinion
- Private equity
Why Wall Street’s alternative asset managers are singing
Wall Street’s biggest thing since private equity is celebrating a breakout year for the new money spinners. It may be justified, but history suggests trouble ahead.
- Updated
- Jonathan Shapiro
Wall Street’s rally cools as rate cut hopes reined in
Stocks wavered after two US Federal Reserve officials suggested rate cuts would be slower and later than had been speculated.
- Updated
- Cristin Flanagan
Dow’s record outruns central banks, counts on aggressive rate cuts
The Fed is expected to be the first central bank to lower rates next year, ahead of the European Central Bank and Bank of England, and months before the RBA.
- Cecile Lefort and Joanne Tran