AAP

The Australian share market has posted its highest close in nearly three weeks, led by financials as banks continue to bounce off a post-earnings sell-off.

Wall Street stocks ended higher overnight, with Apple rising and Nvidia dipping as investors assessed consumer sentiment data and bet on a more flexible trade policy stance from the Trump administration next week.

Jim Chalmers claims the federal budget is in a better position than when Labor came to power three years ago, but there are economic storm clouds ahead.

The Australian share market had a volatile session, swinging high early but losing most of the gains by the close as banks dragged on the bourse.

Stocks closed broadly higher overnight amid hopes on Wall Street that the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week.

Australian shares have edged higher after an early lull, with the big four banks helping to lift the bourse into the green.

The S&P and Dow eked out slight gains, erasing earlier losses after comments from US president Donald Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared.

The Australian share market has overcome a choppy session to finish the day higher, while notching its best weekly performance for 2025.

US stocks closed slightly lower overnight after veering between gains and losses as investors gauged the latest round of economic data and the Federal Reserve's policy statement against tariff concerns.

The Australian share market has resumed its uptrend after the US Federal Reserve left US rates unchanged as expected and shrugged-off tariff concerns.

US stocks rallied overnight after the Federal Reserve kept rates unchanged as widely expected.

Australian shares have broken their modest three-day winning streak after gloomy investor sentiment returned to Wall Street overnight.

Wall Street swung back down overnight, and its former superstars once again led the way.

Australian shares pared early gains to finish only slightly higher, as US futures slumped on escalating conflict in the Middle East.

Wall Street stocks ended higher overnight and gold held near $3,000 per ounce.

Australian shares have finished higher for the second session in a row after a Wall Street turnaround and fresh stimulus talk from China.

US stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which US president Donald Trump's escalating trade war fuelled recession fears and doused risk appetite.

The local bourse has finished the week higher and ended a three-day losing streak, propped up by mining and utilities.

Wall Street ended sharply lower overnight and the S&P 500 confirmed it is in a correction after cool inflation data was overshadowed.

The local bourse has continued lower after an early bounce collapsed into the red.

US stocks advanced overnight as cooler-than-expected inflation data helped to stop a sharp selloff.

Australian shares have have plunged into correction territory, as Donald Trump's tariffs pour fuel on the embers of an increasingly likely global economic slowdown.

The US stock market fell further overnight following president Donald Trump's latest escalation in his trade war.

The Australian share market recovered ground from an early-session plunge but still finished the day lower after US recession fears and a Wall St sell-off sent investors ducking for cover.

The US stock market's sell-off cut deeper overnight as Wall Street questioned how much pain president Donald Trump will let the economy endure through tariffs and other policies in order to get what he wants.

The Australian share market has staged a modest comeback after a week of declines, but all eyes are on how Donald Trump's new tariffs on steel and aluminium unfold.

US stocks ended the week higher, rebounding from early declines after Federal Reserve chair Jerome Powell said the economy was "in a good place," but uncertainty about US trade policy led to Wall Street's biggest weekly decline in months.

The Australian share market has fallen to its lowest level since towards the end of 2024 as uncertainty over global trade sends investors ducking for cover.

Wall Street stocks finished lower overnight, with the Nasdaq confirming it has been in a correction since December, weighed down by market jitters over the current uncertainty surrounding US trade policy.

Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.

Wall Street's main indexes finished higher in choppy trading overnight as investors cheered the likely easing of trade tensions between the US and major trading partners.

A trade war between the US and its three biggest trading partners is set to expand, sending jitters through markets as impacts and tit-for-tat paybacks unfold.