In third day of losses, ASX 200 closes 1% lower

Highlights ASX 200 trimmed some of its early losses but still finished the day down 1% to 7.051.2. Australian retail sales rose an inflation-adjusted 1.2% from the previous quarter, as per Australian Bureau of Statistics (ABS). Investor concer...

ASX 200 tumbles below 7,000; Novonix, Chalice Mining lead losses

Highlights The benchmark ASX 200 index tanked 2% to 6,978.6 in the first 15 minutes of trading. US stocks continued to witness heavy liquidation on Monday, led by selling in mega-cap growth stocks. The materials sector is the biggest loser, tu...

ASX 200 to fall; NASDAQ crashes over 4%; oil slips

Highlights The Australian share market is expected to extend its losses to Tuesday. According to the latest SPI futures, the ASX 200 is likely to open 97 points or 1.35% lower. On Wall Street, the Dow Jones fell 2%, the S&P 500 d...

Wall Street resumes losses as tech stocks hammered; BNTX, SOPA rally

Benchmark US indices extended their slide for a third straight session on Monday, May 9, with the S&P 500 slipping to its lowest level since April 2021, dragged down by losses in mega-cap growth stocks. The S&P 500 was down 3.20% to 3,991.24...

ASX 200 finishes 1.2% lower as global economic uncertainty prevails

Highlights ASX 200 finished today’s session down 1.2% or 84.90 points to 7.120, The index was dragged lower by real estate, technology, and materials sectors. Rate worries, continued supply-side pressures, and a tightening lockdown ...

ASX 200 tumbles at open; News Corporation tanks over 10%

Highlights The benchmark ASX 200 index was trading 0.78% lower at 7,149.4 in the first 10 minutes of trading. Long-dated US Treasury yields climbed up while global equity markets continued their fall on Friday. Nine out of the 11 sectors were ...

ASX 200 to open lower; Westpac half-year results today

er. The Australian share market is likely to begin the week on a muted note following poor closing on Wall Street last Friday. The domestic investors continue to remain concerned about aggressive interest rate hikes and economic slowdown after...

Wall Street retreats after mixed job data; CI, TU rally

Benchmark US indices closed lower for the second consecutive day on Friday, May 6, as growth stocks retreated amid higher Treasury yields, and mixed jobs data fueled more interest rate rise worries. The S&P 500 declined 0.57% to 4,123.34. The Do...

ASX 200 closes 2.2% lower after Wall Street plunged on stagflation fears

Highlights   ASX 200 closed 2.2 per cent lower, or 159.1 points, to 7205.6, ending the week 3% lower, the largest weekly decline since February. Tech sector was down 4.5%, led by Xero’s 9% drop. Property sector, hit hard by rising i...

ASX 200 tanks 2% amid bloodbath on Wall Street

The Australian share market slid at the open on Friday, as Wall Street witnessed a bloodbath on Thursday with sharp declines in global equites as market participants fretted over aggressive central bank policies across the globe to put a leash on s...