ASX 200 closes 0.4% lower, energy and materials fall as commodities dive

Highlights Setting a new 100-day low, the Australian share market declined sharply today due to a selloff in global equities. ASX 200 closed 3.55% lower/ dropping 246.00 points at 6,686.00 points Global market selloff resulted from r...

Highlights The Australian share market is expected to start the week on a muted note. According to the latest SPI futures, the ASX 200 is poised to open massive 296 points or 4.3% lower on Tuesday. On Wall Street, the Dow Jones fell ...

US stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...

Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession. The benchmark index is more than 20% be...

US indices closed the week sharply lower on Friday, June 10, after the latest CPI data showed inflation surged at an annual pace of 8.6% in May, triggering a panic selloff in growth stocks. The S&P 500 fell 2.91% to 3,900.86. The Dow Jones decre...

U.S. stock indexes slid on Friday as consumer prices rose more than expected in May, dashing hopes that inflation is peaking and fanning worries about more aggressive steps by the Federal Reserve to tame it. All the 11 major S&P sectors traded...

Highlights Setting a new 50-day low, ASX 200 closed this week's trading 1.25% lower at 6,932.00 points. All the eleven sectors closed lower, A-REIT leading losses. Investor sentiments were dented due to the weak performance of US stocks and Eu...

Highlights The Australian share market is expected to end the week in the red. According to the latest SPI futures, the ASX 200 is likely to open 58 points or 0.8% lower. On Wall Street, the Dow Jones fell 1.9%, the S&P 500 slipp...

Wall Street’s main indices closed lower on Thursday, June 9, as rising bond yields and downbeat sentiments over a possible adverse CPI data due this week weighed on the mega-cap growth stocks. The S&P 500 fell 2.38% to 4,017.82. The Dow Jo...

Wall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes. Nine...