Local stocks shrug off US risk
Materials strength has led the local sharemarket to a firm rebound, as investors discount US concerns.
Materials strength has led the local sharemarket to a firm rebound, as investors discount US concerns.
A new report from NAB claiming women invest poorly gets a cool reception.
Rising bond yields put further heat on high-yield stocks, keeping the ASX in the red.
Market Matters says now is the time to sell ANZ Bank shares.
Wesfarmers shares are deep in the red after Coles sales disappointed.
Ardent Leisure shares lost nearly 8 per cent after four deaths at Dreamworld.
The local market is in danger of closing below the 100-day moving average.
Healthscope’s shares have plunged, with rival Ramsay also hit, while gaming stocks are under pressure.
The Australian dollar initially rose following the data, before falling back below US77c.
The bloodletting for Crown and Star isn’t over yet, with investors sending their shares lower.
Original URL: https://www.theaustralian.com.au/author/cliona-odowd/page/158