ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
Major retailers were responsible for the Aussie sharemarket closing just shy of a record high – with the dollar also climbing to a new peak.
Aussie farmers have plenty to celebrate this Australia Day, with fresh figures revealing a stunning boom in red meat exports.
The ASX 200 had a strong opening trading day for 2025, led by growth in the energy, materials and property sectors.
The Australian dollar has fallen to a near-five-year low that is the worst seen since Covid.
The ASX 200 tumbled during Tuesday’s trading with A-REITs, consumer discretionary and financial stocks all down more than 1 per cent.
The Australian share market has endured a shocker final full day of trading for 2024 – with all but one sector closing the day lower.
Investors received a late Christmas present with the ASX 200 rising on the first trading session following the holiday break.
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Aussies are being warned to check their mobile and wearable payment devices or risk being unable to purchase items this New Year’s Eve.
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
The global economy has been hit hard by a huge call in the US and Australia has been firmly in the firing line.
The ASX cratered after a major decision on a US rate cut, with all 11 sectors trading in the red.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/4