World markets
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Investing
ASX hits record high; CBA eclipses BHP as Australia’s biggest company
The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.
- by Millie Muroi
Latest
Updated
Shares
ASX notches up healthy session ahead of key US data
Tech stocks and real estate investment trusts lifted the ASX on Thursday as investors turn their attention to the latest monthly US inflation data.
- by Millie Muroi
Updated
Wall Street
Miners, utilities drag ASX into the red
The ASX closed out a quiet session in negative territory on the back of a mixed lead from Wall Street, after Fed chair Jerome Powell did little to change the market’s expectations of when the US central bank will cut rates.
- by Jessica Yun
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Wall Street
ASX stages broad-based rally, Telstra jumps after raising prices
The Australian sharemarket surged on Tuesday after gains in big-name US technology stocks on Wall Street overnight lifted the S&P 500 Index to its 35th record high of the year.
- by Jessica Yun
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Shares
ASX dips as slumping iron ore prices hit big miners
Australian shares fell despite US stocks rising to more records on Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon fall.
- by Staff reporters
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Shares
ASX inches lower as miners and banks weigh on market
Miners and banks dragged the Australian sharemarket lower on Friday despite European stocks rising, as key elections held centre stage and Wall Street closed for the July 4 holiday.
- by Millie Muroi
Updated
Tesla
Miners, tech stocks buoy ASX after Tesla boosts Wall Street
Miners and tech companies drove the ASX higher after US stocks set records on Wall Street, with Tesla leading the way.
- by Millie Muroi
Updated
Wall Street
Technology, bank stocks buoy ASX; Wall Street braces for inflation report
The ASX edged higher as traders looked ahead to a key US inflation report that could influence the Federal Reserve’s next move on interest rates.
- by Jessica Yun
Updated
Shares
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
Updated
Shares
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
Wall Street
$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