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ASX slumps as traders await US jobs data; $A hits two-year low

ASX slumps as traders await US jobs data; $A hits two-year low

The sharemarket fell on Friday, as global investors watch for US jobs data that could influence the outlook for interest rates.

  • by Daniel Lo Surdo

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ASX closes in the red; Star and Lovisa plunge

ASX closes in the red; Star and Lovisa plunge

The sharemarket lost ground on Thursday, as shares in Star Entertainment tumbled after it told investors it had just $79 million left in cash.

  • by Hannah Kennelly
ASX rallies as ‘very good’ inflation data sparks rate cut bets

ASX rallies as ‘very good’ inflation data sparks rate cut bets

The Australian sharemarket reversed an early slide on Wednesday, after inflation data spurred hopes for an interest rate cut next month.

  • by Daniel Lo Surdo
ASX moves higher, led by rally in technology stocks

ASX moves higher, led by rally in technology stocks

The Australian sharemarket has advanced, after sharp gains in tech stocks offset losses from miners and utilities.

  • by Sumeyya Ilanbey
ASX flat after ‘holiday hangover’; Insignia shares surge

ASX flat after ‘holiday hangover’; Insignia shares surge

The Australian sharemarket finished flat on Monday, with technology stocks and takeover target Insignia unable to overcome losses from the mining sector.

  • by Daniel Lo Surdo
ASX rallies behind uranium stocks after choppy session on Wall Street

ASX rallies behind uranium stocks after choppy session on Wall Street

The Australian sharemarket notched up another win on Friday, with 10 of the 11 industry sectors in the green.

  • by Daniel Lo Surdo
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ASX starts 2025 with a bang, defying a Wall Street hangover

ASX starts 2025 with a bang, defying a Wall Street hangover

Miners and energy stocks pushed the Australian sharemarket into the green in the first trading day of the year even after Wall Street ended the year on a sombre note. 

  • by Daniel Lo Surdo and Miriam Steffens
Petrol prices and interest rate cuts at risk as dollar hits record low

Petrol prices and interest rate cuts at risk as dollar hits record low

A plummeting Australian dollar could force a rethink of interest rate cuts and increase the cost of essential items, market analysts have warned.

  • by Daniel Lo Surdo
‘Trump hates China more’: Mexicans bet that Trump is bluffing on tariffs

‘Trump hates China more’: Mexicans bet that Trump is bluffing on tariffs

As Donald Trump vows an expanded trade war, Mexican businesses are continuing with factory expansions. They assume Mexico remains central to America’s goal to be less dependent on China.

  • by Peter S. Goodman
End of an era: Russian gas stops flowing into Europe

End of an era: Russian gas stops flowing into Europe

Russia’s last major gas corridor into Europe has been shut down by Ukraine and the move could substantially reduce Russia’s revenue from energy sales.

  • by Marc Santora, Andrew Higgins and Mike Ives
Trading on weather takes off in unpredictable climate

Trading on weather takes off in unpredictable climate

Financial instruments that offer protection from less severe but more common meteorological events are a hit in the market.

  • by Lou Del Bello

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