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Wall Street traders.

ASX closes higher as trade talk hopes boost energy and mining stocks

The Australian sharemarket has closed moderately higher as US market futures rose on confirmation American and Chinese trade officials will meet, spurring optimism trade tensions could ease.

  • Nick Newling

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Global financial markets are losing faith in America under Donald Trump’s leadership.

Home of global capital? Investors run from Trump’s America

US Treasury Secretary Scott Bessent says Donald Trump’s policies will secure America’s position as the home of global capital. The rest of the world doesn’t buy it.

  • Stephen Bartholomeusz
Wall Street’s winning streak is in jeopardy.

ASX closes flat as Wall Street winning streak ends

The Australian sharemarket has closed flat as Wall Street took a dip overnight, breaking a nine-day winning streak. 

  • Nick Newling
In Trump’s financial market casino, it’s the (White) house that always wins.

The art of the steal: How Trump is turning markets into a casino

Having now crossed his second term’s first 100 days, it’s clear the US president is running America like a business. Unfortunately for us, it’s one of his businesses.

  • William Bennett
US President Donald Trump has repeatedly slammed Federal Reserve Chair Jerome Powell.

The Fed is waiting for the fog of Trump’s trade war to lift

The outcome of the rate-setting meeting is predictable because the outlook for the US economy is so unpredictable, thanks to the chaos from Trump’s trade war.

  • Stephen Bartholomeusz
Markets have had a jumpy week, enough to make even the most confident planner rethink.

Energy, banking stocks end ASX’s seven-day streak

The Australian sharemarket has started the week in a sea of red, with Westpac’s latest numbers failing to impress and weaker oil prices hurting Woodside and Santos.

  • Staff reporters
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Warren Buffett is increasing his stakes in oil and gas producers as the push towards environmentally focused investing makes them cheaper.

Warren Buffett has left his successor with a $540 billion pile of cash and a big problem

Warren Buffett’s announcement that he will stand down as chief executive of Berkshire Hathaway stunned many. It also hands a poisoned chalice to his successor.

  • Stephen Bartholomeusz
Warren Buffett in 2018. The “Oracle of Omaha” has announced his intention to step down as the head of Berkshire Hathaway.

Warren Buffett shocks shareholders by announcing his intention to retire

The “Oracle of Omaha” also warned of the dire global consequences of Donald Trump’s tariffs during Berkshire Hathaway’s annual meeting.

  • Josh Funk
Wall Street is on track to extend its winning streak.

‘We need a clear victory’: Why the ASX doesn’t want a minority government

The Australian sharemarket has built on its positive gains from the morning after China announced it was evaluating a request from the US to open trade talks.

  • Jessica Yun
It was another day of wild swings on the New York Stock Exchange.

ASX closes higher after another manic session on Wall Street

Wall Street continued its wild swings overnight as evidence builds that the US economy is buckling under the weight of Donald Trump’s trade war.

  • Gemma Grant

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