The Australian sharemarket is set to drop 1.6 per cent at the open as Wall Street closes its worst month since March 2020 with another rocky session.
Wall Street rebounds to recoup some of its losses a day after the benchmark S&P 500 had its worst drop since May.
A dismal Wall Street session has the Australian sharemarket set to open more than 1 per cent lower on Wednesday
Wall Street has another mixed session with losses by technology and health care companies outweighing gains elsewhere in the market.
Investors could be in for more choppiness as markets continue to have a mixed September.
Wall Street posted its biggest two-day gain since July as investors embraced the Federal Reserve’s bullish economic outlook while downplaying the risk of contagion from turmoil in Chinese debt markets.
Futures for the local sharemarket are trading higher after US stocks rose, thanks to easing concerns about China’s teetering Evergrande Group and positive signals from the US central bank.
The local sharemarket is set to open lower after US stocks veered between gains and losses as traders weigh the risks from the Chinese real estate crisis and look ahead […]
Wall Street swung between gains and losses and iron ore prices slumped, dragging on the US shares of mining heavyweights BHP and Rio Tinto.
A mixed day on Wall Street as investors continue monitoring the latest economic data for a better sense of the economic recovery’s path forward.
Wall Street is lower in afternoon trading as the market closes out a strong August.
Wall Street is mostly higher to kick off the week and remained near record highs after investors welcomed an update from the Federal Reserve.
The Australian sharemarket is set for a positive start to the week as Jerome Powell calmed fears over the tapering timetable and sent investors in a buying mood.
Stocks moved lower following fatal explosions at the Kabul airport in Afghanistan, setting up the ASX to open lower.
Wall Street drifts higher on a middling trading day but is on track for fresh record highs.
Wall Street stays near record levels as indexes climb higher. Iron ore surged higher.
One of the world’s most powerful hedge funds says investors will increasingly short sell high emissions stocks – sparking fresh concerns the ASX is vulnerable.
The Australian sharemarket is poised for a bright start as Wall Street wrapped up a rocky week with a rally.
The Australian sharemarket is poised for a positive open but miners will feel more pressure as the price of iron ore continued to plummet.
The super fund for university workers has singled out three ASX listed companies for failing to set decarbonisation targets and has threatened to divest if they don’t lift their game.
ASX chief executive Dominic Stevens says improving accountability is a key focus for the bourse operator, following a major outage last year and a delayed technology overhaul.
Wall Street makes it another day of losses, with selling accelerating in the final hour of trading, setting up the Australian sharemarket for a negative open.
The Australian sharemarket is set for losses at the open as Wall Street falls on disappointing US retail sales data.
Trading has been choppy as investors try to gauge the impact of rising virus cases while the escalating crisis in Afghanistan is also weighing.
US stocks notched a second straight week of gains but a sharp drop in consumer sentiment kept the investor optimism in check.
Wall Street shook off a weak start and ended higher to notch another round of records despite mixed economic news.
Wall Street continues to reset records as investors welcomed some better-than-expected economic data.
The majority of companies on Wall Street’s benchmark S&P 500 index made gains, but they were kept in check by technology companies.
Stocks edged lower on Wall Street as investors reviewed the latest corporate earnings reports and cautiously watch the latest virus surge for its impact on economic growth.
A strong jobs report helped Wall Street finish the week in the black, setting up the ASX for a strong start this morning.