Markets Live
ASX jumps as inflation data soothes rate fears
Investors responded positively to the latest quarterly inflation figures, taking the local market back above 8000 points.
- by Penry Buckley
Latest
Updated
Shares
ASX stumbles as Fortescue and BHP weigh down benchmark index
The Australian sharemarket managed to trim its losses after a poor start to the day but still ended in the red, with iron ore miner Fortescue’s shares copping a severe beating.
- by Staff reporter
Weaker profits on the cards with miners to feel the heat
The upcoming reporting season will offer plenty of downgrades, with investors likely to punish earnings misses rather than reward better than expected numbers.
- by Staff reporter
ASX starts week on a high with inflation the key focus
With the future trajectory of interest rates a key area of focus for investors, the latest economic data in the US has buoyed sentiment that inflation is tracking in the right direction.
- by Staff reporters
Updated
ASX Limited
Australian shares fall for a second day as sentiment cools
The Australian sharemarket has had a slow start to the year, following Wall Street, which baulked at Federal Reserve meeting minutes that indicated interest rates could stay higher for longer than expected.
- by Sumeyya Ilanbey
Unconventional tips for thriving in your 20s
People talk about their 20s like it was a golden era of their lives – full of fun, freedom and boundless opportunities. But that’s usually not the case.
- by Paridhi Jain
Luxury goods a handy alternative to getting rich
Whether it’s a handbag, art piece, watch or collectables, staying ahead of the demand curve can deliver rich rewards.
- by Wijith Wijeyasiri
Opinion
Pay
RBA’s double whammy: Hit wages and raise interest rates
If the sharp increase in interest rates we’ve seen leads to a recession, it will be the recession we didn’t have to have.
- by Ross Gittins
Updated
Markets
ASX slumps on weaker tech and banks
The local bourse has closed out the week in the red after a sour session on Wall Street, as investors fret over rates and the turmoil in Europe.
- by Carla Jaeger
ASX soars to post biggest gain in three months
The Australian sharemarket rallied on Thursday, jumping 1.44 per cent at market close, with all eleven sectors in the green.
- by Carla Jaeger
As it happened: ASX rebounds 1.9% but still finishes the week lower
The ASX 200 recovered all of Thursday’s losses with a 1.9% rebound to close at 7075.1, but it was not enough to prevent it finishing in the red for a fourth week in a row. Every sector closed in positive territory Friday. Consumer staples was the only sector not to post a gain of at least 1%, while the tech sector leading the rebound with a 7% rise.
- by Colin Kruger
Original URL: https://www.theage.com.au/topic/markets-live-1po