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ASX set to slide; Wall Street steady following Powell testimony

ASX set to slide; Wall Street steady following Powell testimony

Stocks drifted in mostly listless trading on Wall Street following Federal Reserve chair Jerome Powell’s testimony before the Senate Banking Committee.

  • by Damian Troise and Alex Veiga

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ASX stages broad-based rally, Telstra jumps after raising prices

ASX stages broad-based rally, Telstra jumps after raising prices

The Australian sharemarket surged on Tuesday after gains in big-name US technology stocks on Wall Street overnight lifted the S&P 500 Index to its 35th record high of the year.

  • by Jessica Yun
ASX dips as slumping iron ore prices hit big miners

ASX dips as slumping iron ore prices hit big miners

Australian shares fell despite US stocks rising to more records on Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon fall.

  • by Staff reporters
Wall Street is disconnected from reality

Wall Street is disconnected from reality

Wall Street is ignoring what is happening in the world’s biggest economy.

  • by Stephen Bartholomeusz
Far from groovy: How did this 70s house win a top architecture award?

Far from groovy: How did this 70s house win a top architecture award?

Think of sunken lounges - often referred to as “conversation pits” - indoor gardens, exposed timber ceilings, built-in bespoke joinery, and vast open plan entertaining areas.

  • by Stephen Crafti
ASX inches lower as miners and banks weigh on market

ASX inches lower as miners and banks weigh on market

Miners and banks dragged the Australian sharemarket lower on Friday despite European stocks rising, as key elections held centre stage and Wall Street closed for the July 4 holiday.

  • by Millie Muroi
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Miners, banks lift ASX after Wall Street rises; Santos surges

Miners, banks lift ASX after Wall Street rises; Santos surges

The Australian sharemarket surged on the back of Wall Street’s record-breaking rally, following weak reports on the US economy which kept the door open for possible interest-rate cuts.

  • by Millie Muroi
How the Trump-Biden debate increased the chance of a rate rise in Australia

How the Trump-Biden debate increased the chance of a rate rise in Australia

A rise in Australian bond yields this week shows how a showdown between two elderly and less-than-impressive politicians could send ripples of unease throughout the global system.

  • by Stephen Bartholomeusz
Miners, tech stocks buoy ASX after Tesla boosts Wall Street

Miners, tech stocks buoy ASX after Tesla boosts Wall Street

Miners and tech companies drove the ASX higher after US stocks set records on Wall Street, with Tesla leading the way.

  • by Millie Muroi
Donald Trump’s dangerous ideas have these ‘vigilantes’ worried

Donald Trump’s dangerous ideas have these ‘vigilantes’ worried

With Donald Trump favoured to regain the US presidency, a group of investors is starting to focus on the implications of his core economic policies. They’re concerned.

  • by Stephen Bartholomeusz
ASX retreats after Reserve Bank minutes; Coal miners jump again

ASX retreats after Reserve Bank minutes; Coal miners jump again

Miners and consumer discretionary companies kept the Australian sharemarket in the red on Tuesday after the Reserve Bank’s latest meeting minutes.

  • by Millie Muroi