World markets
Updated
Wall Street
Debt ceiling deal passes lower house, boosting the ASX
The Australian sharemarket edged up on Thursday after US lawmakers approved a package to avert a debt ceiling crisis.
- by Millie Muroi
Latest
Updated
Shares
Inflation shock drives ASX to the lowest close in a month
Higher-than-expected inflation data sent the Australian sharemarket to its lowest point since March, with miners, energy companies and consumer stocks taking a hit.
- by Millie Muroi
Updated
Shares
ASX lies low after quiet night in world markets
Energy and property stocks have put a damper on the Australian sharemarket after European markets slipped and Wall Street was closed for Memorial Day.
- by Millie Muroi
Updated
Wall Street
Miners drive ASX higher on back of US debt ceiling deal
Australian sharemarket closed higher on Monday with all sectors, except consumer discretionary and information technology, gaining ground.
- by Millie Muroi
Updated
Shares
ASX lifts on Wall Street AI frenzy; Russia sends oil lower
The Australian sharemarket edged up on Friday on the back of a tech-fuelled rally after the Russian deputy prime minister eased concern of OPEC+ production cuts.
- by Millie Muroi
Updated
Wall Street
Miners and banks lead ASX lower as global economic worries mount
The Australian sharemarket was dragged down by miners and banks on Thursday as stocks tumbled worldwide on worries about the global economy.
- by Millie Muroi
Updated
Wall Street
ASX slides despite Saudi oil boost
Miners and healthcare stocks led the Australian sharemarket down on Wednesday, even as oil producers gained.
- by Millie Muroi
Updated
Shares
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
Updated
Wall Street
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
Opinion
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
Local investors confident US can avoid debt ceiling ‘Armageddon’
Market fears over the United States debt ceiling saga appear to be fading amid signs politicians are edging towards a deal.
- by Clancy Yeates