Wall St rallies, data suggests rate hikes may be over
US indices have made their biggest gains since late April amid indications interest rate hikes may be at an end.
financial markets
Australian shares suffer worst month since Sept 2022
The local share market finished October down 3.8 per cent, its third straight month of losses and worst monthly performance in more than a year.
Australian stocks plunge again to new low for 2023
The local share market has finished at its lowest level in a year amid war in the Middle East, rising bond yields and expectations of more rate hikes.
Australian shares hit new 2023 low as Mideast rages
The ASX200 has fallen 0.8 per cent to its lowest level in 51 weeks as fighting worsens in the Middle East.
Australian stocks rise as China’s economy rebounds
The local share market has climbed for a second straight day, rising 0.3 per cent as China announced its economy grew faster than expected in the third quarter.
Australian shares rise again, close at three-week high
The ASX200 has finished up 0.7 per cent in its fifth straight day of gains amid a pullback in US bond yields and reports of new stimulus measures from Beijing.
Australian share market, dollar hit new low for 2023
Both the local share market and the local currency have dropped to their lowest levels since November as bond yields soar to fresh 16-year highs.
Australian shares down slightly on eve of rates verdict
The local share market has closed 0.2 per cent lower in quiet Monday trading with a long weekend holiday observed much of the country.
Australian share market plunges to six-month low
The ASX200 has slumped to its lowest in six months and the dollar to its weakest since November, despite interest rates staying on hold.
Australian shares edging lower at midday
The local share market was down 0.1 per cent at midday, in quiet trading with the long weekend holiday affecting much of the country.
Aust stocks end worst week of the year with rebound
The local share market has finished the week down 2.9 per cent in its worst this year, but ended the day slightly higher after recouping heavy early losses.
Aust stocks hit 10-week low after Fed’s ‘hawkish pause’
The local share market has fallen 1.4 per cent to close at its lowest level since early July after the Federal Reserve sounded hawkish on interest rates.
Aust shares fall at start of big week for central banks
The local share market finished down 0.7 per cent at the start of a week that will feature meetings by six central banks and minutes from the RBA.
Aust stocks rise for second day in relief rally
The local share market has closed 0.7 per cent higher, with Wesfarmers climbing its farthest since February 2022.
Aust stocks rise for second day after US relief rally
The local share market was on track for its second day of gains at midday, with Wesfarmers hitting its highest level since February 2022.
Australian shares on track for third day of gains
The ASX was up 0.2 per cent at midday, with strong gains for tech stocks after Nvidia posted a "jaw-dropping" earnings beat.
Aust shares climb for third day as sentiment rebounds
The ASX has finished up 0.5 per cent, with more strong gains for tech stocks after Nvidia posted a "jaw-dropping" earnings beat.
Australian shares suffer worst week in nearly a year
The local bourse finished the day flat to conclude the week down 2.6 per cent, its worst since a 3.9 per cent sell-off for the week ending September 2.
Australian shares suffer worst losses in six weeks
The local share market has finished down 1.5 per cent, with the technology, financials and materials sectors suffering even greater losses.
Australian shares drop again, dollar takes a tumble
The Australian share market closed down 0.7 per cent to a five-week low, while the local currency had dropped under 64 US cents on a weak jobs report.
Asian shares hesitant after Wall Street sell-off
Japan's Nikkei has fell 1.1 per cent, bringing the losses so far in August to 2.5 per cent, giving back some of the 7.5 per cent surge seen a month earlier.
Australian shares up as commodities lift energy, miners
The local share market has finished 0.4 per cent higher after a positive lead from the US, with rising commodity prices benefiting energy and materials sectors.
Australian shares dip lower as Chinese economy wobbles
The local bourse has fallen 0.35 per cent after underwhelming Chinese economic data raised fears Australia's largest trading partner is heading for a slowdown.
Australian stocks edge up to end mixed half year
The Australian share market has finished 0.12 per cent higher on the financial year's last day of trading but uncertainty awaits investors.
Aust stocks in holding pattern at financial year’s end
The local bourse was flat at noon on the financial year's last day of trading as investors turn their attention to manufacturing data out of China.
Aust shares near three-month low as rates keep rising
The local bourse has fallen 0.3 per cent, finishing lower for a fourth straight day and closing at its lowest level since March 29.
Australian shares suffer worst fall in three months
The local share market dropped 1.6 per cent after the US central bank chairman said interest rates needed to rise further.
Aust shares drop 1.1pct, close at eight-week low
The local share market has suffered its biggest loss since March 20 as the US debt ceiling talks drag on with no end in sight.
Aust shares fall for third day amid US debt deadlock
The local bourse has dropped 0.6 per cent to hit a five-day low as debt ceiling talks continue in the US, with no sign of an imminent resolution.
Australian shares on track for third day of losses
The local bourse was down 0.5 per cent at midday, as debt ceiling talks continue in the United States with no sign of an imminent resolution.
Global shares rise as bank support emboldens investors
Safe havens have taken a battering as investors relax about the stability of the financial sector, with banks helping to lift global share markets.