World markets
Updated
Wall Street
ASX sinks deeper into red after Wall Street has worst day since 2022
Australian shares slid deeper into red at lunchtime following a plunge on Wall Street overnight, led by hefty losses in US technology giants Tesla and Alphabet.
- by Sumeyya Ilanbey
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Opinion
Opinion
$1.1 trillion wipeout: Wall Street just got hit with a reality check
Wall Street has been riding an AI wave, but it just recorded its worst day since 2022 after investors were spooked by results from two of the biggest companies in the world.
- by Stephen Bartholomeusz
Updated
Shares
ASX steps up as Big Tech again drives Wall Street higher
Technology and healthcare stocks lifted the local sharemarket on Tuesday after US equities closed broadly higher overnight.
- by Millie Muroi
ASX dips, tech stocks fall after Nasdaq has its worst day since 2022
Local technology shares tracked their US peers lower, dragging down the ASX benchmark on Thursday, with interest-rate sensitive sectors also sliding amid the sell-off.
- by Millie Muroi
Updated
Wall Street
ASX hits new high as property and tech stocks rise
Interest rate-sensitive tech and property stocks pushed the Australian sharemarket into record territory on Wednesday, as investors bet on the US Federal Reserve cutting interest rates sooner rather than later.
- by Sumeyya Ilanbey
Wall Street ramps up ‘Trump trade’ after attack; ASX dips below 8000 points
Mining stocks dragged down the Australian shares benchmark on Tuesday, while on Wall Street the ‘Trump trade’ gained momentum, pushing US share indices to record highs.
- by Millie Muroi
ASX posts another record after US shares surge on rate-cut hopes
The Australian shares benchmark hit a second consecutive high after Wall Street’s main indices surged on Friday on the back of expectations that US interest rates would soon be cut.
- by Millie Muroi and Jessica Yun
Updated
Investing
ASX hits record high; CBA eclipses BHP as Australia’s biggest company
The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.
- by Millie Muroi
Updated
Shares
ASX notches up healthy session ahead of key US data
Tech stocks and real estate investment trusts lifted the ASX on Thursday as investors turn their attention to the latest monthly US inflation data.
- by Millie Muroi
Updated
Wall Street
Miners, utilities drag ASX into the red
The ASX closed out a quiet session in negative territory on the back of a mixed lead from Wall Street, after Fed chair Jerome Powell did little to change the market’s expectations of when the US central bank will cut rates.
- by Jessica Yun
Updated
Wall Street
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