Today
ASX to fall as geopolitical tensions rise, Nvidia rallies
Australian shares are set to open lower amid a renewed focus on Russia’s war against Ukraine. Nasdaq advances on techs. Bitcoin tops $US94,000.
- Timothy Moore
Yesterday
ASX to rise, Tesla paces Nasdaq advance
Australian shares are set to edge higher. Shares in the EV maker got another Trump boost. Nvidia in focus. Oil, gold and iron ore each rebound.
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- Timothy Moore
This Month
Goldman reveals the best commodities to buy for 2025
The broker is among a growing chorus of banks tipping iron ore to remain below $US100 a tonne next year. Meanwhile, copper and gold are poised to rally.
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- Alex Gluyas
US stocks slump on Trump trade rate-reality check
The Nasdaq paced losses as Amazon, Meta and Nvidia tumbled after strong retail sales data bolstered the case for the Fed to slow the pace of interest rate cuts.
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- Timothy Moore
ASX to rise, Powell further dents rate cut hopes
Australian shares were set to open higher. US stocks extended losses after the Fed boss said the economy’s strength signalled there was no hurry to cut rates.
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- Timothy Moore
ASX to rise, Wall St edges up, bitcoin eases after topping $US93,000
Australian shares are set to open higher. US October CPI lifts bets on December rate cut. Bitcoin extends its record run. US stocks fluctuate.
- Timothy Moore
ASX to drop, US equity rally runs out of steam
Australian shares are set to shed near 1pc, as overseas equities fell. Tesla surge ends. Bitcoin consolidates. Gold extends retreat. US CPI awaited.
- Timothy Moore
ASX to rise, S&P 500 struggles, bitcoin tops $US88,000
Australian shares are set to open up. The S&P 500 reset its record high then faded. Tesla leaps again, bitcoin rally accelerates on Trump trade inflection.
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- Timothy Moore
Mining stocks whacked as iron ore slumps towards $US100
Shares in Fortescue dropped 7.3 per cent and BHP fell 4.1 per cent as China’s underwhelming stimulus package weighed on iron ore prices.
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- Alex Gluyas
S&P 500 resets closing high for 50th time this year
The benchmark US index briefly topped 6000 points during the session. Tesla extends rally with another 8.2pc advance. $A slumps as China disappoints, again.
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- Timothy Moore
ASX to rise, US stocks extend rally, Fed cuts quarter point
Australian shares are set to open higher. Fed rate decision was unanimous. Techs stocks continued to power gains in the Nasdaq and S&P 500.
- Timothy Moore
Market winners and losers from Trump’s landslide
Australian superannuation funds, small caps and renewable energy will celebrate and despair as the Republican returns to the Oval Office.
- Joanne Tran, Sarah Jones and Jonathan Shapiro
US equities reset record highs on growth bet
The S&P 500 and Nasdaq each leapt sharply higher and the Dow surged more than 1500 points as investors bet on Trump bolstering the US economy.
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- Timothy Moore
ASX to rise, Nvidia paces tech rally
Australian shares are set to open higher. Nvidia, Tesla and a surge in Palantir bolster Wall Street. Bitcoin briefly tops $US70,000. Fed in focus.
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- Timothy Moore
ASX to slip, Nvidia briefly takes market cap title
Australian shares are set to open lower. US equities slipped though Nvidia advanced early, then pared its gain. RBA rate decision pending.
- Timothy Moore
- Opinion
- Gold
Here’s why gold has so much further to run
Gold has already risen 30 per cent this year to record levels, but there is still one ingredient missing that has been evident in previous bull markets, which could propel prices even higher.
- Arian Neiron
Amazon paces tech rebound on Wall Street
US techs help drive gains in all three benchmarks. Atlassian leaps 19pc. Pending Fed decision and election offset weaker-than-expected jobs report.
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- Timothy Moore
ASX to fall, Wall St drops as megacap techs slide
Australian shares are set to follow US equities lower as AI-enthusiasm wanes. Microsoft, Meta tumble. Apple, Amazon poised to report. Macquarie Group to report.
- Timothy Moore
October
ASX to inch down as US data shows robust economy
Australian shares are poised to open slightly down as a mixed set of profit reports from Alphabet and Eli Lilly kept Wall Street treading water.
ASX to edge up as better than expected Alphabet result boosts Nasdaq
The parent of search giant Google, beat third-quarter revenue expectations after recording better than expected advertising and cloud computing revenues.