Business news updates: ASX closes at record high, heading for 9,000, Aussies fall behind on mortgage payments
The S&P/ASX 200 closed 0.7 per cent higher on Friday at 8,938.6 points, breaking the $2.9 trillion mark…
Markets live: ASX to hit record high as Commonwealth Bank posts mega profit, Wall Street climbs to highest levels ever
Good morning, and welcome to the ABC’s finance blog. I’ll be here to guide you through the latest…
US stocks drift around records as Wall Street braces for inflation update
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks are drifting around their record heights…
Investors ‘not quite euphoric’ but close, as share market rollercoaster roars on
This week, we’ve seen the Australian share market smash records, from fresh intra-day all-time highs (which occur during…
New bull market has begun and is still in the early stages, so buy the dips, top Wall Street analyst says
There’s growing concern that the U.S. may be headed for a recession, but Morgan Stanley’s Mike Wilson has…
What to watch this week
Stocks tumbled from record highs on Friday as data revealed the US labor market is not on as…
Wall Street falls the most since May after employers slash hiring
By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers The stock market had its worst day since…
Rio Tinto posts smallest first-half profit in years, easing inflation boosts RBA rate-cut hopes — as it happened
Canstar’s Sally Tindall notes that the detail of the quarterly inflation figures were positive from the perspective of…
Wall Street hangs near its record as PepsiCo and United Airlines fly
By STAN CHOE, AP Business Writer NEW YORK (AP) — Wall Street is hanging near its records on…
Wall Street points lower after Trump’s weekend tariff announcement
By ELAINE KURTENBACH and MATT OTT, Associated Press Business Writers Wall Street is pointing lower before the opening…