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ASX extends losses after Wall Street’s worst day since April

ASX extends losses after Wall Street’s worst day since April

The local sharemarket slipped for a second day after Wall Street tumbled to its worst drop in months as its rally lost momentum.

  • by Millie Muroi

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The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem
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Opinion

The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem

The US is going to put trillions worth of new debt up for sale before the end of the year as it tries to rebuild its cash reserves. There is an issue, however.

  • by Stephen Bartholomeusz
ASX ends lower, following losses on Wall Street

ASX ends lower, following losses on Wall Street

The Australian sharemarket slid lower on Wednesday, as utilities and a negative lead from Wall Street weighed on the index.

  • by Millie Muroi
RBA interest rate pause lifts ASX as miners and tech stocks rise

RBA interest rate pause lifts ASX as miners and tech stocks rise

The Australian sharemarket lifted all sectors into the green after the Reserve Bank held interest rates at its August meeting.

  • by Millie Muroi
ASX edges higher ahead of key RBA rates decision
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ASX edges higher ahead of key RBA rates decision

The Australian sharemarket lifted on Monday as Wall Street’s rally got back on track following more encouraging profit reports and signs of easing inflation.

  • by Millie Muroi
ASX slumps as miners, real estate investment trusts weigh
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ASX slumps as miners, real estate investment trusts weigh

The ASX lost ground on Friday even as retail trade data pointed to a higher possibility of the RBA keeping interest rates on hold next week.

  • by Millie Muroi
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ASX rises despite slide in mining and energy stocks
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ASX rises despite slide in mining and energy stocks

The Australian sharemarket lifted on Thursday, even as the Federal Reserve raised interest rates to their highest level in more than two decades.

  • by Millie Muroi
The US just left Australia and the rest of the world hanging

The US just left Australia and the rest of the world hanging

There are two big questions that the US Federal Reserve didn’t answer. It means interest rates might stay higher for longer than we feared.

  • by Stephen Bartholomeusz
ASX jumps as inflation surprise raises hopes of RBA rates rise pause
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ASX jumps as inflation surprise raises hopes of RBA rates rise pause

The Australian sharemarket has built on its morning gains amid news that inflation is cooling.

  • by Jessica Yun
ASX closes higher as shares in mining giants BHP, Rio Tinto rise
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ASX closes higher as shares in mining giants BHP, Rio Tinto rise

The S&P/ASX 200 closed 0.5 per cent higher, helped by gains in materials and energy stocks.

  • by Jessica Yun
ASX declines as big miners and banks retreat
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ASX declines as big miners and banks retreat

Local shares lost early momentum to close 0.1 per cent lower on Monday.

  • by Emma Koehn