ASX slumps on US job figures
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
A share sell-off in the banking and consumer staples sectors saw the Australian market trade heavily in the red on Friday.
The Australian sharemarket has dipped on Thursday, breaking a five day streak, despite favourable retail sales data.
Fresh inflation data has given the Australian share market a boost, with trading up on Wednesday.
The Aussie market has risen for the fourth straight day and reached a three-week high despite falling commodity prices.
ASX eked out tiny gains during Monday’s trading as rises in property trusts and information technology stocks beat falls in iron ore miners.
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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.
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.
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The ASX cratered after a major decision on a US rate cut, with all 11 sectors trading in the red.
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
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The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
The ASX has fallen to a three-week low on Thursday as markets digested better than expected unemployment figures.
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A sharp sell-off in information technology and energy stocks dragged the Australian markets down during Wednesday’s trading.
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
The ASX 200 has traded down following weak investor sentiment and a key piece of US data coming out overnight.
The local market traded higher on Thursday but was unable to close above 8500 points due to a pullback in the afternoon’s trading.
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The Australian sharemarket has fallen just days after cracking a record high 8500 points in a broad market sell-off on Wednesday.
Australia’s sharemarket cracked a fresh record high on Tuesday, on the back of renewed economic confidence.
The Australian sharemarket trimmed during Friday’s trading as investors took stock of later than anticipated rate cuts.
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
The Australian market rallied during early trading as markets factor in further rate cuts in the US.
The ASX200’s three day winning streak came to an end on Tuesday, as markets digested President-elect Donald Trump’s announcement on US tariffs.
The Australian market rallied during early trading as markets digest the latest appointment from President Elect Donald Trump.
On a choppy day for the market, the ASX 200 traded relatively flat, thanks to a late market surge.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/4