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Fed chair Jerome Powell said conditions remain uncertain.

ASX slips as investors track war in Middle East; Banks rise, miners fall

Caution reigned on the Australian sharemarket as the US weighs direct conflict with Iran, and the Federal Reserve warned of meaningful inflation ahead.

  • Frances Howe

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Wall Street retreated across the board.

ASX slides amid concerns over Middle East escalation while miners decline

The Australian sharemarket closed lower on Wednesday as investors track developments in the escalating conflict in the Middle East.

  • Frances Howe
Yat-Gai Au’s net worth has soared.

This mysterious company has never sold a single product. Its founder is now worth $51 billion

A company that aims to treat neurological conditions such as ADHD and autism has made a dizzying share price surge without a single sale. It has made its founder very rich.

  • Angel Adegbesan and Dylan Sloan
Wall Street has started the week with strong gains.

ASX edges lower after Trump’s Tehran warning; Gold, uranium stocks advance

The Australian sharemarket was treading cautiously after the US president’s comments raised fears of a wider conflict in the Middle East.

  • Staff writers
The impounded Iranian crude oil tanker, Grace 1, is silhouetted as it sits anchored off the coast of Gibraltar. Australia will join a US-led coalition to protect shipping in the Straits of Hormuz.

The ticking time bomb facing the global economy

It is arguably the most important choke point in the global energy supply chain and is under threat from the Middle East conflict.

  • Stephen Bartholomeusz
Wall Street’s gains over the week were wiped out on Friday.

ASX closes flat; ASIC to probe market operator

The Australian sharemarket closed almost flat, with energy giant Santos surging on the back of a $30 billion takeover bid from a consortium led by Abu Dhabi’s national oil company.

  • Staff reporters
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Donald Trump announcing his ‘Liberation Day’ tariffs.

Safe haven: ASX outperforms Wall Street amid Trump chaos

Investors, driven from the US market by Trump’s unpredictability, have sought out the semi-insulated ASX.

  • Angus Delaney and Clancy Yeates
Wall Street rose after another encouraging update on inflation.

ASX dips as gold, energy stocks soar after Iran attack

The Australian sharemarket has closed in the red on Friday after explosions rang out in Iran’s capital, but energy and gold stocks have soared.

  • Staff reporter
Wall Street is hovering

ASX closes lower as miners and banks decline; Qantas, gold miners rise

The Australian sharemarket declined on Thursday after US President Donald Trump dialled up trade tensions once again.

  • Angus Delaney
AUSIEX wants to make trading bonds as easy as buying BHP shares.

ASX closes higher after US and China talks; investors ride momentum

The Australian sharemarket pared early gains after hitting a fresh record peak.

  • Angus Delaney and Staff writers

Original URL: https://www.smh.com.au/topic/wall-street-1lyg