Business
Markets
Updated
World markets
ASX falls as Wall Street slips after hitting milestone
The ASX has dipped into the red after US stocks drifted around their records set a day before, though the Dow Jones topped the 40,000 level for the first time.
- by Jessica Yun
Latest
Updated
World markets
ASX races into record territory on back of positive economic data
The Australian sharemarket fell just short of a record high after optimistic economic data in the United States and locally created a more bullish market sentiment for equity investors.Â
- by Sumeyya Ilanbey
Updated
World markets
Miners lead ASX higher as market absorbs budget, wages data
The Australian sharemarket stepped up to post a sold gain following Tuesday’s federal budget, with miners, healthcare and consumer discretionary stocks leading the way.
- by Millie Muroi
Opinion
Sharemarket
How a cartoon from ‘Roaring Kitty’ sparked a $6.1 billion Wall Street frenzy
The man who ignited the meme stock mania in 2021 has resurfaced after lying low for years, sending shares flying. We might need a sequel to the movie Dumb Money.
- by Stephen Bartholomeusz
Updated
World markets
ASX ends lower on budget day even as consumer stocks gain
The Australian sharemarket declined on the eve of the federal budget amid concerns it could add to inflationary pressures.
- by Staff reporters
Updated
World markets
ASX closes on knife edge to kick off budget week
The Australian sharemarket crept up to close flat on Monday after trading most of the day in the red, after another winning session for Wall Street’s benchmark index.
- by Millie Muroi
Updated
World markets
ASX caps off positive week after jobs report boosts Wall Street
The Australian sharemarket edged higher Friday, taking its gains for the week to 1.6 per cent, after a strong lead from Wall Street, where the benchmark S&P 500 Index surged to within 1 per cent of its record.
- by Jessica Yun
Updated
World markets
ASX breaks five-day win streak as big banks slide
The big four banks weighed down the Australian sharemarket after the Commonwealth Bank’s March quarter cash profit fell 5 per cent compared to the same time last year.
- by Jessica Yun and Sumeyya Ilanbey
Updated
World markets
Industrials and tech stocks lift ASX; Perpetual plunges 7 per cent
The Australian sharemarket edged higher on Wednesday following its rally in the previous session.
- by Millie Muroi
Updated
World markets
ASX lifts after RBA leaves rates on hold
The Australian sharemarket extended gains after the Reserve Bank left interest rates unchanged, with the bourse building on its early gains following a strong finish on Wall Street.
- by Millie Muroi
Opinion
World markets
Gold fever: Why China and the rest of the world are stocking up
The gold price is behaving very strangely, but there is a simple explanation.
- by Stephen Bartholomeusz