Business
Markets
Updated
World markets
ASX edges down even as banks, energy climb
The Australian sharemarket slipped as consumer stocks and miners weakened, and Wall Street remained wary of a potentially disastrous default on its debt.
- by Millie Muroi
Latest
Updated
World markets
ASX slips as debt ceiling shadow hangs over Wall Street
The Australian sharemarket headed lower on Monday as worries rose about the US government’s efforts to avoid a potentially disastrous default on its debt.
- by Millie Muroi
Opinion
World markets
The deceptive calm on markets as ‘X date’ looms
Investors don’t appear to be too concerned about the US debt crisis, another rate hike, or the threat of a recession. Beneath the surface, however, there’s some movement.
- by Stephen Bartholomeusz
Updated
World markets
Tech, banks lift ASX as Wall Street extends rally
Gold miners and utilities weighed on the Australian sharemarket on Friday while banks and IT sector did the heavy lifting.
- by Millie Muroi
Updated
World markets
ASX lifts as miners muscle up; Biden boosts Wall Street
Wall Street rallied after President Joe Biden said he was confident the US would not default on its debt. This helped lift the ASX out of a three-day slump.
- by Millie Muroi
Updated
World markets
Miners weigh on ASX after Wall Street slump
The local sharemarket closed out a third day in the red as confidence in miners dissipated, even as technology stocks stepped up.
- by Millie Muroi
Updated
World markets
ASX drops on spectre of another rate rise, low consumer confidence
The Australian sharemarket fell on Tuesday as a fall in consumer confidence and the Reserve Bank’s determination to pin down inflation weighed on investor sentiment.
- by Millie Muroi
Opinion
Sharemarket
Why share and bond markets are at loggerheads
Equity investors are optimistic about the outcome of negotiations over the US debt ceiling. Bond investors aren’t so confident that common sense will prevail in the debt tug-of-war.
- by Stephen Bartholomeusz
Updated
World markets
Banks weigh on ASX, Newcrest up on Newmont deal
The ASX started the week on the back foot as banks and technology companies faltered, but the miners are higher.
- by Millie Muroi
Updated
World markets
ASX erases losses after choppy session
The S&P/ASX200 traded flat throughout Friday but finished the day a modest 4.8 points higher.
- by Emma Koehn
Updated
World markets
ASX edges lower after inflation report leaves Wall Street wary
The Australian sharemarket traded lower on Thursday as investors remained cautious about inflationary pressures and rate rises.
- by Millie Muroi