AAP

The Australian share market has recovered from morning losses to finish flat as a rotation out of banking stocks and into iron ore giants continues.

The S&P 500 and Nasdaq closed at record highs, boosted by gains in technology stocks and a trade agreement between the US and Vietnam.

The local share market has rallied to close at its highest level after lacklustre retail sales data seemed to seal the deal for a domestic interest rate cut.

The Nasdaq and the S&P 500 closed lower overnight, dragged down by weakness in large-cap tech stocks.

The Australian bourse has had a cautious start to the new financial year, with shares giving up their morning gains in the afternoon to finish basically unchanged.

The S&P 500 and Nasdaq reached record closing highs overnight in the US.

The Australian share market has finished higher to round out 2025/26 with a respectable double-digit gain for the financial year, while its quarterly performance was the best since 2020.

Wall Street extended its rally, sending S&P 500 and Nasdaq to all-time closing highs at the end of trade last week.

Strong gains by the mining sector haven't been enough to keep the Australian share market in the green, while the dollar has climbed to its highest level of 2025 against its faltering US counterpart.

Wall Street closed higher overnight, nudging the S&P 500 and the Nasdaq nearer to record closing highs.

The Australian share market has dropped slightly as traders' attention shifts from the conflict in the Middle East to US President Donald Trump's looming deadline for reciprocal tariffs.

The local share market has closed about where it started despite its biggest component heading further into uncharted territory.

US stocks rallied overnight as investors welcomed a fragile truce between Israel and Iran.

The Australian share market has rallied as Middle East tensions ease, with Iran's retaliation against the US largely symbolic and news of a ceasefire between the Islamic Republic and Israel.

Wall Street rallied overnight as prospects of the US Federal Reserve cutting interest rates as early as July offset uncertainty about turmoil in the Middle East.

The Australian share market has fallen for a fifth straight session, but managed to recoup some of its morning losses.

The S&P 500 and Nasdaq ended lower, with investors on edge over the Iran-Israel conflict heading into the weekend.

Australia's share market has given up a five-week winning streak, as investors grapple with military conflict, global growth concerns and lofty valuations.

Global stocks fell overnight and the dollar rose as investors, concerned over the United States' possible entry into the Israel-Iran air war, seek safe-haven assets and ditch riskier ones.

Australian shares have edged lower as the Israel-Iran conflict weighed on confidence, while interest rate-sensitive stocks improved on the back of a cooling labour market.

US stocks drifted to a mixed finish on overnight after the Federal Reserve indicated it may cut interest rates twice this year.

The Australian share market has edged lower amid falling iron ore prices and as fears over the escalating Israel-Iran conflict push oil prices higher.

US stocks finished with losses overnight as the Israel-Iran conflict raged on for a fifth day and kept investor anxiety high.

Australia's share market has ground slightly lower as conflict in the Middle East puts pressure on oil prices and weighs on investor confidence.

US President Trump is leaving the G7 summit in Canada to return to Washington, citing the Middle East situation for his early departure.

US stocks closed higher overnight as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected.

Australia's share market has started the week almost flat, amid escalating conflict in the Middle East, soaring oil prices and the return of inflation risks.

There are calls for a defence contingency plan to be put in place after the government played down a US administration review of the AUKUS submarine pact.

Wall Street ended sharply lower on Friday after Iran launched missiles at Israel in response to intensive Israeli strikes aimed at crippling Iran's ability to build nuclear weapons.

Australia's share market has lost much of the week's gains, after Israel's attack on Iran proved a brutal reality check for risk sentiment.

Australia's diplomatic missions in New Delhi and Mumbai are checking to see if there were any Australians on board an Air India plane that crashed.

The S&P 500 ended higher overnight.