‘Full steam ahead’: Aussie shares close at record high
The ASX200 rose 0.3 per cent to close at its highest level before expected interest rate cuts by the US Federal Reserve.
The ASX200 rose 0.3 per cent to close at its highest level before expected interest rate cuts by the US Federal Reserve.
The ASX200 fell 1.9 per cent to an almost three-week low, with the energy and materials sectors dropping three per cent.
The ASX200 was up 0.2 per cent at midday but the energy sector was down by more than four per cent as oil prices dropped under $US74 a barrel.
The ASX200 has recorded a modest bounce but the energy sector has closed down as oil prices dropped under $US74 a barrel.
After being down as much as 0.5 per cent in morning trading, the ASX200 gained steadily in the afternoon to finish slightly in the green and above 8,000.
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The ASX200 has gained 1.3 per cent on Friday to finish the week 2.5 per cent higher, its best weekly performance since December.
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The ASX200 finished up 0.4 per cent after falling 5.8 per cent over Friday and Monday, its worst two-day drop since the start of the COVID-19 pandemic.
The ASX200 has dropped 2.1 per cent in its worst performance in 16 months, just two days after its biggest jump in 20 months.
The Australian share market has suffered its biggest daily sell-off in more than four years, amid growing fears of a hard landing for the US economy.
The ASX200 rose 1.8 per cent in its best single-day performance since late 2022, while the Aussie fell under 65 US cents for the first time in three months.
The ASX200 finished up 0.7 per cent to hit another all-time high and gold prices also rose to their highest-ever level.
The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.
The ASX200 was down 0.2 per cent at lunchtime, dragged in part by losses from BHP and Rio Tinto but still on track for its second-highest close ever.
The ASX200 rose 0.7 per cent to close above 8,000 for the first time ever, more than four years after it broke through the 7,000 level.
The ASX200 has finished up 0.9 per cent to nudge an all-time high following further dovish testimony by Federal Reserve chairman Jerome Powell.
The ASX200 rose 0.8 per cent to set its sixth all-time high of 2024 and finished the week just over 40 points away from the 8,000 mark.
The ASX200 was up 0.8 per cent at midday, on track to finish June with a 1.4 per cent gain and the financial year with an 8.4 per cent rise.
The ASX200 finished 0.2 per cent lower, despite strong gains for coalminers, amid an election in France, a looming vote in the UK and questions about Joe Biden.
The ASX200 was up 0.3 per cent at midday following supportive comments by US Federal Reserve chairman Jerome Powell, with the energy sector up 1.3 per cent.
The ASX200 finished up 0.3 per cent after supportive comments by US Federal Reserve chairman Jerome Powell and better-than-expected domestic retail sales data.
The ASX200 dipped slightly on Friday but finished the first week of the financial year in positive territory, with a 0.7 per cent gain.
The ASX200 fell 0.76 per cent during trading, with the energy and mining sectors the leading decliners on a drop in oil and iron prices.
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Renewed concerns about the timing and extent of US interest rate cuts have put pressure on global stocks and pushed bond yields close to a four-week high.
After being up as much as 0.3 per cent, the ASX200 faded to finish basically unchanged after the Royal Bank of New Zealand said it considered rate hikes..
The ASX200 finished down 0.2 per cent amid job layoffs by Telstra and underwhelming earnings reports from James Hardie and Sonic Healthcare.
The ASX200 has fallen 0.9 per cent, giving up half of Thursday's gains, but still finished the week 0.8 per cent higher.
The ASX200 was down half a per cent at lunchtime, but the bourse was still on track to finish the week up 1.2 per cent, its fourth straight week of gains.
The ASX200 index has suffered its second-worst loss in 13 months, dropping to an eight-week low as prospects dimmed further for quick US rate cuts.