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Wall Street

Yesterday

Major investment banks, from Wall Street giant Goldman Sachs to local upstart Jarden, are reconsidering how they work to accommodate the rise of private capital.

Investment bank org charts are getting remade for the age of big super

Jarden is just the latest big investment advisor to reconsider the best way to interact with retirement funds as they become bigger players in capital markets.

Trump’s walking back of tariffs has give hope for markets that there may be more to come.

Investors hope for ASX bounce as Trump walks back tariffs

Futures point to a modest rise on the S&P/ASX 200 on Monday, and fund managers are optimistic the White House’s damaging trade plans could be unwound.

This Month

“‘Rollercoaster’ is not a technical term, but it is probably the best adjective to describe price action across equity markets this week,” LPL Financial strategist Adam Turnquist said in a note.

Wall St recovers from early swoon as bond rout eases

The S&P 500 rallied 1.8 per cent to record its best week since November 2023, though volatility persisted with US-China trade relations in focus.

The sell-off we had to have is only part-way done

In an environment when the market could drop 5 per cent on any given day and throw off opportunities, investors have to go back to basics.

The ASX has taken centre stage this week, but the volatility has been nothing compared to Wall Street

Investors find refuge on ASX as Wall Street giants lose their lustre

The slump in the S&P 500 and Nasdaq has been far more pronounced than the local market this week, just as traders dump the US government bond and greenback.

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Trump blinks | Dutton’s door opens | ASX slammed

Editor-in-chief James Chessell joins to unpack the market mayhem, weigh Peter Dutton’s election chances and preview a big week in corporate Australia.

Labor’s efforts to link Dutton to Trump are proving effective

Like the rest of the world, WA politics has been upended by Donald Trump’s reckless tariff war, which has a sharp edge in a resources-dependent economy closely intertwined with China’s growth.

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ASX sinks; Obesity is costing a fortune; Trump has no cunning plan

Read everything that’s happened in the news so far today.

Equities roared back to life on Thursday following Donald Trump’s tariff backdown.

Buckle up for next 90-days as tariff talks play out

Sentiment turned on a dime on Thursday as investors piled back into equities. We spoke to one of the country’s top wealth investor shops to find out why.

Bronte Capital’s John Hempton has recorded one of his better performing periods.

Hedge fund manager John Hempton’s shorts pay off after horror months

Bronte Capital’s latest quarterly performance has delivered some reprieve for investors after Hempton put his struggling short-selling strategy under review late last year.

Shoppers in Soho, New York. While Donald Trump tries to depict the recent havoc on the S&P 500 as a parlour game for elites, ordinary Americans tend to be more attuned to gyrations in the stock exchange — and their pensions — than people in other countries.

Trump’s markets rollercoaster hits Main Street business

Turbulence in global markets has come alongside fresh evidence that Americans are growing disenchanted with their economy, with sentiment dropping steeply.

Bond markets smacked Trump’s tariff plan. He had to back down

Markets are recovering, but the scars from Trump’s tariff saga will run deep.

Donald Trump has paused tariffs on many countries in a stunning reversal of policy, but increased levies on China.

Here’s why Donald Trump buckled on tariffs

The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president.

Donald Trump is focusing his trade ire on China.

Trump backs down in global trade war but hits China

The president stunned global investors by announcing a 90-day pause in additional tariffs on most countries, but ramping up levies on China.

The day a market rout turned into something scarier for investors

What looked like a standard and orderly sell-off – overpriced equity markets reacting to an economic growth shock or the prospect of a US recession – is starting to look leaky.

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Traders are being warned to brace for further pain ahead.

‘Huge’ profit downgrade cycle bears down on Wall Street

Analysts have barely budged their earnings forecasts for the world’s most important sharemarket despite recession alarms blaring, leaving equities vulnerable to a big reality check.

Donald Trump memorabilia on the floor of the New York Stock Exchange. The performance of the market over the last 50 days has made for the worst start of a presidency for more than a decade.

Trump’s chaos kills American exceptionalism

Investor belief in US superiority drove Wall Street to sky-high valuations, but the president’s trade war is now eroding this conviction.

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ASX wipes $32b; Tariffs to hit pharma; $1.3trn trade unwinds

Read everything that’s happened in the news so far today.

Whipsawing Wall Street puts ASX back in a tailspin

Investors and traders start the day doing one thing, and finish it doing the opposite. Welcome to markets in the Trump-tariffs era.

Sell-offs can be good (for some). Here’s what top funds are buying

Volatility, dispersion and a market on sale – as passive funds go into hiding, this could finally be a stock pickers’ game and a chance to prove themselves.

Original URL: https://www.afr.com/topic/wall-street-1lyg