World markets
Updated
Shares
ASX set to jump as Wall Street rises; Santos in sights of Middle Eastern giants
Wall Street’s record-breaking rally kept going after weak reports on the US economy kept the door open for possible cuts to interest rates.
- by Stan Choe
Latest
Updated
Tesla
Miners, tech stocks buoy ASX after Tesla boosts Wall Street
Miners and tech companies drove the ASX higher after US stocks set records on Wall Street, with Tesla leading the way.
- by Millie Muroi
Updated
Wall Street
Technology, bank stocks buoy ASX; Wall Street braces for inflation report
The ASX edged higher as traders looked ahead to a key US inflation report that could influence the Federal Reserve’s next move on interest rates.
- by Jessica Yun
Updated
Shares
Consumer stocks drag down ASX as inflation ‘shocker’ dashes rate hopes
Consumer discretionary stocks fell sharply after higher-than-expected inflation raised the odds that the Reserve Bank might consider raising rates instead of much-hoped-for rate cuts.
- by Millie Muroi and Jessica Yun
Updated
Shares
Energy, mining giants boost ASX, defying Wall Street’s Nvidia slump
The ASX closed higher, led by energy stocks and the mining heavyweights, even after further losses by AI giant Nvidia weighed on the US sharemarket overnight.
- by Jessica Yun
Updated
Wall Street
$646 billion wipeout: Wall Street darling makes history with three-day horror show
Nvidia briefly became the world’s most valuable company last week, but is now in correction territory after a historic slump.
- by Ryan Vlastelica
Updated
Wall Street
Rate hike fears hit ASX, ResMed shares slump
The Australian sharemarket fell as investors sold energy and healthcare stocks over fresh fears figures to be released this week may show an uptick in inflation.
- by Sumeyya Ilanbey
Updated
Sharemarket
ASX flat as Guzman y Gomez shares make stellar debut
The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
- by Millie Muroi
Updated
Shares
ASX closes flat with energy the key standout
The Australian sharemarket dipped in late trade to close slightly lower as investors wound back their bets on interest rate cuts after the central bank’s decision on Tuesday to keep the cash rate on hold.
- by Sumeyya Ilanbey and Millie Muroi
Updated
AI
The $5 trillion monster: Nvidia just became the world’s most valuable company
The AI giant jumped over rivals Microsoft and Apple for the top spot after another share price surge.
- by Subrat Patnaik and Carmen Reinicke
Opinion
AI
The AI bubble might blow up in our face
All AI bubbles to date have ended in a “winter”, and the next one may be the chilliest of all.
- by Andrew Orlowski
Original URL: https://www.brisbanetimes.com.au/topic/world-markets-hvj