BusinessStock markets are ‘disconnected’ as they remain at near record highs despite surging bond yields and the outlook for interest rates and geopolitics is starting to hit market sentiment, a top strategist warns as the Australian market has its worst two-day fall in six months.
Business Breaking NewsShares took their cue from the US stock market, with the local benchmark finishing in the red for the fourth consecutive session.
BusinessAmid an uneasy calm, global financial markets await Israel’s response to Iran’s unprecedented drone and missile strike. Also today: Star falls; ASIC executive changes.
UPDATEDRetailAustralia’s largest hardware chain has come under fierce scrutiny over allegations it has used its market power to mistreat plant suppliers.