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ASX set for slow start after Nvidia weighs on Wall Street; $A jumps

ASX set for slow start after Nvidia weighs on Wall Street; $A jumps

The Australian sharemarket is set for a lacklustre open this morning as a slide for market superstar Nvidia helped pull US stock indexes down from their records.

  • by Stan Choe

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ASX finishes flat after banks, miners retreat

ASX finishes flat after banks, miners retreat

The Australian sharemarket closed flat on Monday after initial losses behind the banks and mining giants, but things looked up after lunch thanks to consumer and healthcare stocks.

  • by Daniel Lo Surdo
Energy, consumer shares weigh on ASX; bitcoin below $US100,000

Energy, consumer shares weigh on ASX; bitcoin below $US100,000

The Australian sharemarket finished lower on Friday, with every sector bar utilities retreating after the huge rally in US stocks lost momentum overnight.

  • by Jessica Yun
Tech stocks lift ASX after Wall Street savours AI boost

Tech stocks lift ASX after Wall Street savours AI boost

The Australian sharemarket finished higher on Thursday after US stock indexes hit fresh records overnight as tech companies talked up the profit boost from the artificial intelligence boom.

  • by Hannah Hammoud
‘The sky is the limit now’: Bitcoin surges past $US100,000 in Trump rally

‘The sky is the limit now’: Bitcoin surges past $US100,000 in Trump rally

The cryptocurrency has boomed following the election victory of Donald Trump, who has promised to usher in pro-crypto regulation in the US.

  • by David Swan
Even before Trump and his tariffs, Europe is in trouble
Opinion
Trade wars

Even before Trump and his tariffs, Europe is in trouble

The timing couldn’t be worse. The fall of the French government and the collapse of Germany’s coalition government have left Europe even more vulnerable to a new trade war with America.

  • by Stephen Bartholomeusz
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‘You guys are real idiots’: Tycoon lashes out as he loses $9 billion in two days

‘You guys are real idiots’: Tycoon lashes out as he loses $9 billion in two days

Ricardo Salinas has fallen down the world’s rich list after a sharemarket plunge and he isn’t amused.

  • by Michael O'Boyle
ASX retreats from record high as property stocks weigh on market

ASX retreats from record high as property stocks weigh on market

The Australian sharemarket has fallen from Tuesday’s record, with the real estate sector weighing on the bourse and the big four banks all dropping.

Healthcare and consumer stocks help push ASX to another record

Healthcare and consumer stocks help push ASX to another record

The ASX has hit a record high for the third time in a week, after US economic data improved the prospects of the Federal Reserve cutting interest rates this month.

‘Go find another sucker’: Trump threatens Xi, Putin and co
Opinion
Currencies

‘Go find another sucker’: Trump threatens Xi, Putin and co

Donald Trump has found a new way to deploy his favourite weapon.

  • by Stephen Bartholomeusz
ASX edges to record high; $5b gold merger unveiled

ASX edges to record high; $5b gold merger unveiled

The ASX closed at a record high on Monday, buoyed by technology stocks and parts of the resources sector.