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Qantas has apologised for its unlawful pandemic retrenching of 1,700 workers as the transport union pursues the national airline for compensation and fines.
The S&P 500 and the Nasdaq ended higher on Friday (Saturday morning WST), boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks.
The Dow Jones Industrial Average rose on Wednesday (Thursday morning WST) as Wall Street's three benchmark indexes ended higher, weathering declines in mega-cap tech shares.
The S&P 500 and Nasdaq have edged higher while the Dow dropped, with the benchmark index hovering near record highs as investors parsed a mixed set of quarterly results from companies such as UnitedHealth and Bank of America.
The ASX200 gained 0.5 per cent thanks in part to the big banks and mining giants, but WEB Travel Group plunged by more than a third after downgrading guidance.
The S&P 500 and Dow scored record closing highs on Friday (Saturday morning WST) with the biggest boosts from financial stocks after banks reported strong quarterly results while the latest inflation data supported expectations for a US Federal Reserve rate cut in November.
Wall Street's main indexes closed lower on Thursday (Friday morning WST) as investors looked to higher-than-expected inflation and unemployment claims for indications on the health of the US economy and the path for interest rates.
The ASX200 has risen 0.4 per cent, with Arcadium Lithium soaring 39 per cent after the lithium company agreed to be bought by Rio Tinto for $10 billion.
Wall Street stocks advanced on Wednesday in the US, with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting minutes – and ahead of September inflation data and the earnings season.
The ASX200 has finished 0.1 per cent higher, with Rio Tinto announcing after the market closed that it would pay $10 billion to acquire Arcadium Lithium.
Wall Street's benchmarks finished up on Tuesday, recouping some of the previous session's losses, as investors bought back in to technology stocks and investors shifted their focus to upcoming inflation data and the start of third-quarter earnings season.
Wall Street's three major indexes closed down around 1 per cent on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing and worried about the Middle East conflict's impact on oil prices.
The Dow has posted a record closing high and the Nasdaq ended with a more than a per cent gain as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak.
American stocks have finished lower ahead of Friday's monthly US payrolls report and as investors kept a watchful eye on growing conflict in the Middle East.
The S&P 500 have ended little changed, with technology shares gaining but investors nervous about Middle East tensions and more US labour data due this week.
Asia stocks sank early on Wednesday, catching up with the sell-off on Wall Street after Iran's ballistic missile strike on Israel provoked fears of a wider regional conflict, while crude oil pushed higher on the risk of supply disruptions.
Hong Kong's Hang Seng yet to open after holiday; US S&P 500 stock index futures weaken 0.16 per cent, after the cash index lost 0.9 per cent overnight.