ASX

Overnight on Wall Street, the S&P 500 rose 0.4 per cent after drifting between small gains and losses in the early going. The benchmark index finished at its highest level in 20 months.LoadingThe Dow Jones also added 0.4 per cent, while…

The latest gains followed the market’s best month in more than a year. Growing expectations on Wall Street that the Federal Reserve may cut interest rates as soon as early next year have put investors in a buying mood.“A lot of investors…

The laggardsLynas Rare Earths stumbled 4.1 per cent, followed by IGO (down 2.8 per cent) and TechnologyOne (down 2.7 per cent).Information technology stocks were the worst hit on Friday, trading 1.1 per cent lower. But it still remained…

© Reuters. In Wednesday's morning trade, Australian Securities Exchange (ASX) stocks witnessed notable fluctuations. The primary winners were Golden State Mining (ASX:GSM), HeraMED (ASX:HMD), and New World Resources (ASX:NWC), while…

The S&P 500 added 0.2 per cent even though the majority of stocks within it and across Wall Street weakened. The index was coming off its best week of the year, which itself came on the heels of several months of sharp losses.The Dow…

Meta Platforms was among the market’s heaviest weights and dropped 2.6 per cent even though the parent company of Facebook and Instagram reported fatter profit and revenue for the summer than analysts expected.Investors may have been…

“There are sound reasons why stocks have been resilient in the face of the sharp move higher in interest rates,” said David Lefkowitz, head of US equities at UBS Global Wealth Management. “And stocks will likely remain resilient as long as…

The Australian sharemarket is set to open sharply lower on Thursday after US stocks retreated and oil climbed as Iran intensified its rhetoric against Israel following an explosion at a Gaza hospital that complicated diplomatic efforts to…

A couple tech-oriented companies got better news Friday after UK regulators gave a preliminary approval to Microsoft’s restructured $US69 billion ($107 billion) deal to buy video game maker Activision Blizzard. It would be one of the…

Consumer staples (down 0.6 per cent) was the weakest sector as supermarket giants Woolworths and Coles shed 0.5 per cent and 0.6 per cent respectively.Qantas was the biggest large-cap decliner in early trading on Monday.Credit: Brook…