Highlights The benchmark ASX 200 index shot up 0.8% to 6,996.7 in the first 15 minutes of trade. US stocks ended on a mixed note on Thursday. The ASX healthcare sector is the leader so far, surging 0.9% in early trade. The Australian shar...
er. The Australian share market is likely to open largely flat on Friday following a mixed night on Wall Street. Investors were weighed by concerns about rising inflation, energy supply fears and prospects of global recession dent investor sen...
Dow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge showed that demand for manufactured goods slowed in April. The S&P 500 was down 0.13% to 3,930.08....
Highlights ASX 200 fell 1.8% to 6941 points, the lowest closing level since late January. Tech stocks shredded both in the US and Australia with the local tech sector dropping by 8.7% after latest US inflation numbers spooked markets. Rising i...
The Australian share market opened in the red on Thursday, tracking cues from a sharp sell-off in down trending Wall Street indices after US data revealed higher-than-expected inflation, fuelling concerns over more aggressive rate hikes. The benchm...
Highlights The Australian share market is expected to extend its losses to Thursday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.8% lower. The Dow Jones fell 1%, the S&P 500 dipped 1.65%, and...
Wall Street's main indices drifted lower on Wednesday, May 11, after US inflation rose more than expected month-on-month for comfort, renewing fears about the Fed's aggressive rate hikes. The S&P 500 was down 1.65% to 3,935.18. The Dow Jones fel...
Highlights In a volatile trading session, ASX 200 recovered from its morning dip to close higher for the first time this week, up 0.2% to 7064.7. Big miners rebounded strongly, health care and property sectors closed strongly higher. Investors...
Highlights: The benchmark ASX 200 index fell 0.15% to 7,040.7 in the first 10 minutes of trading. Most of Wall Street stocks rebounded on Tuesday while US Treasury yields retreated from their highs. The ASX utilities sector was the top loser, ...
Highlights The Australian share market is expected to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 7 points or 0.1% lower. On Wall Street, the Dow Jones fell 0.26%, the S&P 500 rose ...