Business
Markets
Updated
World markets
ASX boosted by banks; Wall Street braces for inflation report
The ASX has gained on Friday morning, following Wall Street which edged higher as traders looked ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates.
- by Jessica Yun
Latest
ASX dips after choppy day on Wall Street
The Australian sharemarket closed lower today after Wall Street struggled for direction ahead of a key US inflation report.
- by Jessica Yun and Millie Muroi
Opinion
Sharemarket
US presidential debate and inflation update could rock the markets
The debate between Joe Biden and Donald Trump comes just ahead of the release of a key inflation measure for the world’s largest economy.
- by Stephen Bartholomeusz
Updated
World markets
Consumer stocks drag down ASX as inflation ‘shocker’ dashes rate hopes
Consumer discretionary stocks fell sharply after higher-than-expected inflation raised the odds that the Reserve Bank might consider raising rates instead of much-hoped-for rate cuts.
- by Millie Muroi and Jessica Yun
Opinion
Government debt
Macron’s snap election could trigger the next debt crisis
This weekend’s elections have the potential to blow out France’s debt and threaten the stability of the eurozone and its single currency.
- by Stephen Bartholomeusz
Updated
World markets
Energy, mining giants boost ASX, defying Wall Street’s Nvidia slump
The ASX closed higher, led by energy stocks and the mining heavyweights, even after further losses by AI giant Nvidia weighed on the US sharemarket overnight.
- by Jessica Yun
Updated
World markets
$646 billion wipeout: Wall Street darling makes history with three-day horror show
Nvidia briefly became the world’s most valuable company last week, but is now in correction territory after a historic slump.
- by Ryan Vlastelica
Updated
World markets
Rate hike fears hit ASX, ResMed shares slump
The Australian sharemarket fell as investors sold energy and healthcare stocks over fresh fears figures to be released this week may show an uptick in inflation.Â
- by Sumeyya Ilanbey
Updated
Sharemarket
Utilities and energy firms lift ASX; Kathmandu drops
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.
- by Millie Muroi
Updated
World markets
ASX flat as Guzman y Gomez shares make stellar debut
The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
- by Millie Muroi
Updated
World markets
ASX closes flat with energy the key standout
The Australian sharemarket dipped in late trade to close slightly lower as investors wound back their bets on interest rate cuts after the central bank’s decision on Tuesday to keep the cash rate on hold.
- by Sumeyya Ilanbey and Millie Muroi