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US tech stock rally brings Christmas Eve cheer to ASX

US tech stock rally brings Christmas Eve cheer to ASX

The Australian sharemarket closed high on Christmas Eve making the most of the rally from some of the world’s largest technology companies.

  • by Hannah Kennelly

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ASX pops to a six-month high as investors ring in Christmas cheer
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ASX pops to a six-month high as investors ring in Christmas cheer

The Australian sharemarket has put last week’s pain behind it, with banks, real estate and consumer stocks the biggest winners of the day.

  • by Daniel Lo Surdo
Elon Musk is a ‘huge fan’ of China. Will Trump tear them apart?

Elon Musk is a ‘huge fan’ of China. Will Trump tear them apart?

Elon Musk is China’s favourite Western CEO, but his new role in the Trump administration could soon leave him performing a geopolitical juggling act.

  • by Katrina Northrop and Lyric Li
ASX tumbles again, scotching hopes of Santa rally

ASX tumbles again, scotching hopes of Santa rally

The Australian sharemarket had another poor day on Friday, and the bourse has declined 2.8 per cent over the week.

  • by Daniel Lo Surdo
How Elon Musk and Taylor Swift can resolve US-China relations
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Trade wars

How Elon Musk and Taylor Swift can resolve US-China relations

While we were sleeping, China took a great leap forward in high-tech manufacturing of everything. Will China bury us? That is not at all inevitable.

  • by Thomas L. Friedman
ASX loses almost $50 billion after Wall Street plunge; $A slumps to two-year low

ASX loses almost $50 billion after Wall Street plunge; $A slumps to two-year low

The Australian sharemarket lost almost $50 billion and the Aussie dollar hit a new two-year low on Thursday, after the US Federal Reserve signalled fewer rate cuts in 2025 than expected.

  • by Daniel Lo Surdo
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Fed cuts rates but Wall Street rattled by change to 2025 outlook

Fed cuts rates but Wall Street rattled by change to 2025 outlook

Wall Street sank as the US Federal Reserve says it expects to see fewer rate cuts next year than previously projected.

  • by Howard Schneider and Ann Saphir
ASX ends flat ahead of Fed decision; tech stocks gain, banks wobble

ASX ends flat ahead of Fed decision; tech stocks gain, banks wobble

The Australian sharemarket closed largely flat on Wednesday afternoon, reversing a rise earlier in the day, as investors await the latest rate decision from the US Federal Reserve.

  • by Hannah Kennelly
ASX ends its losing streak as Santa Rally kicks off

ASX ends its losing streak as Santa Rally kicks off

The Australian sharemarket closed higher on Tuesday, defying fears of a sixth day of losses after expectations of an interest rate cut by the Federal Reserve this week boosted Wall Street.

  • by Daniel Lo Surdo
The $470 billion man: How Will keeps beating Wall Street

The $470 billion man: How Will keeps beating Wall Street

In 1990, a Harvard graduate landed what would become, quite literally, the job of a lifetime.

  • by Loukia Gyftopoulou
ASX posts fifth day of losses as weak China data weighs on miners

ASX posts fifth day of losses as weak China data weighs on miners

The Australian sharemarket made a dour start to the week, as mining shares fell and data centre owner DigiCo dropped again.

  • by Daniel Lo Surdo

Original URL: https://www.smh.com.au/business/markets