Today
ASX to fall, S&P 500 rally runs out of petrol
Australian shares are set to open lower. US stocks sell-off late; Dow sheds 475 points. S&P 500 slides 1.5pc.
- Updated
- Timothy Moore
Yesterday
ASX to rise, S&P 500 edges closer to record high
Australian shares are set to open higher. Dow, Nasdaq 100 reset record highs. Fed official signals rate cut potential. Oil edges towards $US80 mark. $A rises.
- Timothy Moore
This Month
ASX to rise, Wall Street powers higher
Australian shares are set to advance. S&P 500 paces gains in New York. Oil retakes $US78 mark. $A steady. Apple lower on Watch patent loss.
- Timothy Moore
Oil set for first weekly gain since October on Fed relief rally
Global benchmark Brent crude is heading for a 1.6 per cent gain this week, ending a run of seven straight declines.
- Yongchang Chin and Alex Longley
ASX to rise even as Fed-fuelled surge shows signs of overheating
The Federal Reserve-driven rally in global shares continued overnight, pushing the S&P 500 towards overbought levels.
- Updated
- Andrew Hobbs
ASX to jump after Fed greenlights future rate cuts
ASX futures jump as the US keeps its key rate unchanged and says it expects three rate cuts next year; US stocks rose and yields sunk after the announcement.
- Updated
- Andrew Hobbs
ASX to open flat as US inflation prompts traders to trim rate cut bets
US stocks, bonds and the dollar struggled for direction after core US consumer price index, which excludes food and energy costs, increased 0.3 per cent.
- Updated
- Andrew Hobbs
Where to invest in water (and why you’d want to)
A government shakeout is likely to attract more investors to this emerging asset class and its compelling returns.
- Stewart Oldfield
Oil steadies after longest decline in five years
Oil has dropped by about a fifth since late September as output surges in the US and other key producers.
- Updated
- Grant Smith and Yongchang Chin
ASX to gain as all eyes on US CPI, rates and Bullock
Australian shares are poised for a modestly higher start as investors stay on the sidelines ahead of key US inflation data tomorrow Sydney time and interest rate decisions in the US and UK later this week.
- Updated
- Andrew Hobbs
- Opinion
- Opinion
Time to sift through lithium wreckage
Professional investors say demand for lithium is likely to soar due to big increases in how much is used in electric vehicles.
- Mark Draper
Wall Street rises despite enduring labour market strength
All three US benchmarks closed the week higher as strong jobs data did little to dent hopes for a 2024 pivot to rate cuts.
- Updated
- Timothy Moore
Petrol prices drop 30¢ at the bowser as oil slumps
It is good news for motorists as NRMA says petrol prices are expected to fall further across the country, unless you live in Sydney.
- Joanne Tran
Oil’s brief relief rally fades as bearish sentiment settles in
US oil retreated below $US70 a barrel after slumping 11 per cent over the previous five sessions, the longest run of daily losses since February.
- Mia Gindis
ASX to slip, Alphabet surge paces Nasdaq rally
Australian shares are set to open modestly lower. Techs bolster S&P 500 and Nasdaq Composite. Oil steadies. Bitcoin slips. $A edges above US66¢.
- Timothy Moore
ASX to fall, Wall St fluctuates, oil plunges
Australian shares are poised to fall at the open, tracking losses in New York as oil tumbled anew. Bitcoin hovers at $US44,000.
- Timothy Moore
ASX to rise, Apple rallies, US bond yields drop
Australian shares are set to open higher. The iPhone’s market cap is back at $US3 trillion. The 10-year yield at 4.17pc. Bitcoin eyes $US44,000. $A slides.
- Timothy Moore
ASX to fall, Wall Street rally hits a wall
Australian shares are set to open lower. Tech stocks paced broad losses in New York. Bitcoin briefly topped $US42,000. $A slides.
- Timothy Moore
Bitcoin hits $US40,000 for first time since May 2022
Investors are increasingly convinced that the Federal Reserve is done with rate hikes as inflation cools, turning the focus to rate cuts next year.
- Sunil Jagtiani
Wall Street rallies on Powell rates signal
The S&P 500 closed at 4594 – its highest close of 2023. and the yield on the US 10-year note tumbled to 4.2pc. $A leaped. ASX futures rose 0.9pc.
- Updated
- Timothy Moore
