ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
Markets
ASX rises; BHP drops on iron ore dive
BHP hits nine-month low as iron ore futures fall. Liontown jumps on $550m debt deal. Treasury Wine up as China flags tariffs removal. Appen falls on merger approach. PwC cuts 366 jobs. Core Lithium drops.
ASX treads water ahead of US rate cut clues
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
ASX gives up gains; Alumina jumps
Alumina accepts Alcoa takeover. Business conditions rebound: NAB. Lowe new Future Generation chair. Iron ore majors down after price tumble. Gold, lithium stocks gain. Bitcoin’s record. QV up on merger.
More Stories
Asian markets join Omicron sell-off
Asian markets join the new Omicron sell-off although the ASX still ends in the green; travel stocks surge, Collins Foods jumps, Woodside faces legal challenge on Scarborough gas project, and Westpac sued by ASIC.
Omicron crashes the stock market
Stock markets are crashing around the world as nervous investors panic over the announcement of the new coronavirus variant.
Crypto spikes 10 times in value in two days
A cryptocurrency named Omicron soared in the market, jumping 10 times in value, after the WHO named the latest Covid variant.
ASX bounces back to close down 0.5%
ASX closed down 0.5% after erasing heavy losses, US futures up, tech stocks gain, BPAY boss to head up illion, LaTrobe Financial cops $750k penalty and Nuix more class action.
China’s Australia revenge plan backfires
China has swallowed its words in what is embarrassing for the communist nation but a clear win for Australia.
Bitcoin’s incredible surge defies Omicron
Cryptocurrency has made an incredible comeback while the rest of the world is feeling the economic shockwaves from Omicron.
Bell fund chief sees return of value in stocks
After a year and a half of blistering gains in global sharemarkets, Ned Bell believes buying opportunities could be just around the corner.
Omicron’s unexpected toll on bitcoin
The emergence of the Omicron covid variant has panicked investors and caused a dramatic plunge to the price of bitcoin, the biggest cryptocurrency.
Stocks plunge on new variant concerns
US stocks have plunged in a frantic sell-off amid growing concerns over the new Omicron Covid-19 variant.
ASX tumbles, slicing $41bn off stocks
ASX 200 falls 1.7 per cent at close as travel stocks plunge over Covid fears, CBA hikes rates for third time in six weeks, and Appen slump deepens.
Original URL: https://www.thechronicle.com.au/business/markets/page/200