Stocks inch higher on depressed retail sales
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
Markets
ASX up as interest rate jitters recede
The sharemarket extended its gains, closing up 0.4 per cent. Origin, NSW in talks to extend Eraring by four years. CBA pushes back rate cut call. Weak retail data hits Aussie dollar. ASIC sues Magnis and chair. Worley falls.
ASX rebounds as investors reassess rates
While bond traders have sharply revised their interest rate bets, equity investors appear unconvinced that a resumption in hikes is likely.
ASX 200 up; WA mine closure; Crown job cuts
Share market rises on US futures gains. Crown Resorts job cuts. WA nickel mine closure. Lawyers claims Super Retail board knew of CEO affair. New Star chair says David Foster ‘had to go’.
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Solid ASX finish; travel stocks, Magellan rally
ASX closes 1.1 per cent higher, driven by miners following rise in iron ore prices and financials sector. Travel stocks extend gains, Macquarie and Suncorp rally on earnings updates and Magellan rebounds.
Joke crypto surges 50 per cent
A type of cryptocurrency that started out as a joke is outperforming the biggest players in the market during a horror few weeks.
ASX flat; travel stocks soar on border news
Sharemarket closes steady after sharp intraday fall on US futures slippage, ANZ margin warning. Investors dump Magellan after Hamish Douglass takes ‘medical leave’. GrainCorp jumps on bullish guidance.
‘Rock star’ fundie makes shock call
One of Australia’s most prominent investors has made a huge announcement after a horror period for his business and personal life.
Four ordinary people get rich from crypto
Meet four ordinary people – average workers turned investors – who have become very rich from trading in cryptocurrencies.
‘Huge deal’: Price of Bitcoin explodes
Major cryptocurrencies have seen prices skyrocket in the past 24 hours, with Bitcoin soaring to its highest price in more than two weeks.
ASX gains; tech stocks rebound, Boral sinks 42pc
ASX ends up by 0.6 per cent as tech firms bounce. Westpac gains on investor upgrades, Boral dives 42 per cent on ex-dividend and News Corp jumps on strong results.
Mark Zuckerberg explains his ‘red eyes’
A bleary-eyed Mark Zuckerberg fronted staff after shares in Facebook’s parent company nosedived, costing him dearly.
Financial firms busted for spam marketing
Several financial services companies have been busted for illegally offering their products via spam calls, texts and emails.
ASX tech stocks dive 6pc, Sydney Airport approved
Tech rout weighs on ASX as the sector dives 5.9 per cent, Block and Zip end 10 per cent down, investors approve Sydney Airport sale and Cettire dives on profit drop.
Original URL: https://www.ntnews.com.au/business/markets/page/194