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.
The local share market dropped 1.6 per cent after the US central bank chairman said interest rates needed to rise further.
The local share market has suffered its worst day of losses in 12 weeks, falling 1.6 per cent to close at its lowest level in two months.
The local share market has had its best day since April 11, climbing 0.9 per cent on a possible resolution to the US debt ceiling drama.
Better-than-expected US inflation figures are keeping Australian shares basically flat, despite big gains in the information technology and utilities sectors.
Better-than-expected US inflation figures has kept Australian shares basically flat, with growing concerns about the debt ceiling.
Local shares have collectively fallen 0.9 per cent after the Reserve Bank surprised the market with another rate hike.
The local bourse closed down 0.4 per cent for both the day and the week after days of quiet trading.
The ASX has finished up 0.3 per cent to close at its best level since February 16 after gaining ground for 10 out of the past 12 sessions.
The local share market at lunchtime was at its highest level since February 17 and on pace for its 10th green session out of the past 12.
The local share market has ended Tuesday on a high, turning around losses suffered ahead of the Easter break when the bourse snapped eight days of gains.
The Australian share market was higher at noon on Tuesday after turning around losses ahead of the Easter break, when the bourse snapped eight days of gains.
Australian shares are near all-time highs following the Reserve Bank's decision to keep interest rates unchanged after 10 consecutive hikes.
The local share market has finished up 0.9 per cent, hitting a seven-day high ahead of a momentous Federal Reserve meeting.
The local share market has suffered another day of heavy losses, dropping 1.4 per cent to finish at its lowest level since early November.
The ASX has finished higher for the day but dropped more than two per cent for the week after suffering its longest streak of weekly losses since the GFC.
The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.
The local share market had its best day in two months, rising 0.9 per cent following three days of losses amid fears about the stability of US banks.
The local share market was up by 0.3 per cent at midday following an overnight rally on Wall Street fuelled by signs of easing US inflationary pressures.
The Australian Securities Exchange was down 0.6 per cent at noon following the weekend collapse of a major US financial institution, Silicon Valley Bank.
The Australian Securities Exchange has closed down 0.5 per cent following the weekend collapse of US banks Silicon Valley and Signature.
The local share market finished down 1.4 per cent, although the ASX200 managed to close just slightly above the key 7,000 level.
The local share market has finished down 2.3 per cent, its worst drop in five months, sending the benchmark index to an eight-week low.
The local share market was up 0.62 per cent at the close as another rate decision by the Reserve Bank looms.
The local share market has finished down 0.1 per cent after being in and out of positive territory on a day marked by the release of GDP and inflation figures.
The local share market has fallen 1.1 per cent as the odds increase that the Federal Reserve will return to supersized rate hikes to combat stubborn inflation.
The local share market fell to noon, weighed by losses in BHP and the big banks, as the market digested a hawkish set of central bank board minutes.
A blockbuster US retail sales report for January and a surprise increase in Australian jobless claims have pushed Australian stocks 0.8 per cent higher.
The ASX was up 0.1 per cent at noon, a few hours ahead of the Reserve Bank's latest decision on interest rates.
The Australian share market has fallen 0.5 per cent, notching its worst loss in a month after the RBA indicated it would keep hiking rates.
The local share market is up more than 0.8 per cent at close to an eight-month high, with BHP briefly trading at $50 for the first time.
The local share market has moved into the green after a weaker-than-expected labour market report from December raised expectations of a pause in rate hikes.