A sharp decline in oil prices, driven by bets that a shift in US power will hasten the end of the Iran war, has boosted positive sentiment for the stock market.
Noel Randewich and Shashwat Chauhan
A sharp Wall Street fall and sell-off in rate-sensitive stocks have dragged the ASX 200 down 52 points, reversing Tuesday’s gains across seven of 11 sectors.
Cameron Micallef
Equities have risen in Europe after Asian markets suffered falls as investors feared the Democrats' sweeping victory in US elections could hinder AI growth.
Amanda Cooper
US stocks have closed higher, led by gains in industrials, technology and communication services stocks, while consumer staples drove driving losses.
Chibuike Oguh
Australian shares have closed higher despite the RBA raising the cash rate to 4.85 per cent, with the ASX 200 finishing 30.3 points up.
Ike Morris
Anthropic has named eight brokers, including CommSec and Macquarie, to handle its proposed Australian retail offer ahead of a float that could raise up to $US100 billion ($142.4b).
Ryan Johnson
The investment bank says forecast earnings growth by the S&P-ASX200 for the 2027 calendar year has plunged to just under 7 per cent from 13 per cent in June.
Sean Smith
Worries about lacklustre tech earnings and AI spending have weighed on global shares, while the dollar and bond yields have dipped before American elections.
Niket Nishant and Gregor Stuart Hunter
A morning rally for US stocks petered out as the tech and AI industries remained shaky following their sell-off last week.
Stefano Rebaudo
Aussie shares were in the red on Monday as the market grappled with tensions on Wall Street and a looming decision on interest rates.
Chalice has struck gold and copper in the NT, giving battered shareholders something to cheer. Boss Alex Dorsch says the explorer is ‘cashed up’ and eyeing more drilling before Christmas.
Rip Curl and Kathmandu’s embattled owner KMD Brands has entered into exclusive talks with a US retail giant for a potential takeover.
Cheyanne Enciso
Westpac’s annual profit fell short of expectations at $6.81 billion as the big four bank forecast a near-11 per cent slide in house prices and its boss raised the prospect of more interest rate pain.
Stocks and bonds have struggled for direction in Europe as investors hold their fire before US elections, while oil prices are lower on peace deal hopes.
Stefano Rebaudo and Wayne Cole
Westpac’s profit missed expectations as chief executive Anthony Miller said Australia’s economic outlook remains uncertain.
Richard Henderson
A rout in tech stocks has been sparked by disappointing quarterly results from Intel and Amazon, with all three major US stock indexes slumping.
Stephen Culp and Purvi Agarwal
The ASX 200 has closed modestly higher despite a volatile session, as a historic US$500 billion AI-linked wipe-out in Alphabet dragged local tech stocks sharply lower.
The fortunes of WA’s mines and corporate giants reach into share portfolios across the country. Five big names paid shareholders $23.1bn in a year, though some investors received less than a year earlier.
Amazon and Intel are the latest tech stocks to fall as worries grow about the future of AI, while US bonds have surged towards sharpest monthly gain in years.
Iain Withers and Ankur Banerjee
A lead and silver mine that caused its previous owner to go bankrupt swung to a massive profit for the recent financial year.
Adrian Rauso
The owner of liquor chains Dan Murphy's and BWS continues to disappoint shareholders, but its leaders are confident they can turn its fortunes around.
Adrian Black
US stocks have closed lower as investors digested Alphabet's quarterly report amid concerns about artificial intelligence spending.
Stephen Culp and Shashwat Chauhan
The outgoing chair of the company behind Bunnings and Kmart has used his final AGM address to take a parting shot at federal and state tax reform failures.
