AAP

The share market has ended the week with a modest gain due to Telstra's continued rise and a big jump by Myer.

The Australian share market is higher with investors hunting yields and bargains as global bond yields rise on the back of firming US interest rate hike expectations.

Gold has fallen to a five-and-a-half-month low, giving up earlier gains as the US dollar index tapped a 13-and-a-half-year high on strong US economic data and comments by US Federal Reserve Chair Janet Yellen that bolstered the case for raising its interest rate in December.

The Australian dollar has dropped against a strengthening greenback after Federal Reserve Chair Janet Yellen flagged a rate rise could come soon.

Oil prices have settled slightly lower, before falling as much as one per cent in the after-market session as a stronger US dollar outweighs expectations of an OPEC deal to limit production.

The benchmark S&P 500 index rose to within a hair of its record high on Thursday as bank stocks got a boost from bets on higher interest rates and consumer discretionary stocks were helped by economic data and earnings.

Global miner BHP Billiton says it has no clarity over the timing of a potential restart at its Samarco joint venture operation in Brazil, underlining the continuing uncertainty over the business that was hit by a fatal dam disaster last November.

The Australian share market has held onto a slim gain as investors wonder how the US political landscape will change under Donald Trump when he assumes the presidency.

Pizza Hut has bought the troubled Eagle Boys pizza chain and begun converting stores with its own branding.

Telstra is targeting $1 billion-plus in cost savings over the next five years and kicked off a review of its capital needs, amid mounting competition.

Unemployment in Western Australia surged last month, placing it ahead of South Australia as the worst-performing state in October.

Global miner Rio Tinto has sacked two top executives who it sidelined last week over their role in a payments scandal related to the Simandou iron ore project in West Africa.

The Australian share market has slipped in early trade, taking cues from a lower close on Wall Street, as overnight declines in the metals and energy markets weighed down sentiment.

Wall Street has opened lower - a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win - as investors brace for higher interest rates.

Oil prices have eased in volatile trading as the market gives more weight to a bigger-than-expected US crude inventory build than Russia's comments about a possible meeting with Saudi Arabia that has renewed hopes for a production freeze deal.

Gold has eased as the US dollar climbs to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the US presidency.

Australian shares closed flat as strong gains in energy producers and the big four banks were offset by falls across the resource, health care and consumer discretionary sectors.

Chairman of selectors Rod Marsh has resigned, effective immediately, after Australia's fifth straight Test defeat.

The head of Australia Post says it took longer than he expected to reform the company's haemorrhaging mail business and reduce its losses, delaying the company's expansion overseas.

Australian workers' preference for job security and shorter hours over pay rises has pushed wage growth to a fresh all-time low.

Woolworths shares have slipped after it announced retail expert Sally Macdonald's resignation as Big W chief executive after less than a year in the job.

Retail and mining conglomerate Wesfarmers is considering offloading its east coast coal operations following a doubling of coal prices since June.

The Australian share market has opened higher on the back rising energy shares and with investors seeming slightly more positive about a Trump presidency.

Gold has edged higher, snapping a three-session losing streak, on uncertainty over the economic policies of US President-elect Donald Trump.

The Australian dollar is little changed against its US counterpart as the greenback's post-election rise stalls along with the surge in US bond yields.

Oil prices have jumped six per cent, with US crude notching its biggest daily percentage gain in seven months, on renewed expectations that OPEC will agree in late November to reduce a global supply glut.

US stocks rose on Tuesday, with the Dow registering its fourth consecutive record high close as tech stocks rebounded from a post-election battering and energy stocks were boosted by a sharp rise in oil prices.

Nine Entertainment has come close to a first strike against its remuneration report as shareholders railed against the high pay awarded to executive and non-executive directors despite the broadcaster's disappointing performance.

The Australian share market has closed weaker despite retracing some of its earlier losses as market enthusiasm for the potential policies of US president-elect Donald Trump moderates.

Every member of the Australian Test side beaten so comprehensively by South Africa in Hobart will return to first-class cricket on Thursday, with the exception of pacemen Mitchell Starc, Josh Hazlewood and Joe Mennie.

The Australian Shareholders' Association is calling for Gerry Harvey to be removed as Harvey Norman executive chairman after a heated exchange with the retail veteran about the company's accounts.

The Australian share market has opened nearly half a per cent lower.