AAP

The Nasdaq and S&P 500 closed higher overnight, recovering some losses as investors anticipate quarterly earnings from AI leader Nvidia.

The ASX200 finished 0.2 per cent higher, with losses by the big four banks countered by gains by goldminers, iron ore producers and uranium companies.

Australia has revived its trade relationship with China without compromising any of its national interests, prime minister Anthony Albanese says.

The local share market finished Friday up 0.7 per cent, but couldn't recoup all of its losses from the start of the week.

Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not rush to ease monetary policy.

The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.

The Dow and the S&P 500 ended slightly higher overnight while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations.

The ASX200 has fallen for the third straight session, with financials and mining stocks weighing heavily on the market.

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

Australia believes it can play a role in negotiating trade disagreements between the US and China under a second Trump administration, as PM Anthony Albanese confirmed he discussed trade with the incoming president.

The local bourse has ended 0.1 per cent lower as falling commodity prices hit energy and materials stocks.

Wall Street's main indexes notched record high closes overnight, lifted by stocks expected to benefit from Republican US President-elect Donald Trump's potential fiscal policies.

The ASX200 has slipped 0.4 per cent after investors punished mining stocks for a dip in commodity prices following underwhelming Chinese stimulus measures.

The S&P 500 briefly surpassed the 6000 mark and closed with its biggest weekly percentage gain in a year.

The ASX climbed for its third day in a row on hopes of stimulus from Beijing and a US central bank cautious when queried on the inflationary outlook under a second Trump presidency.

US stocks closed higher after the Federal Reserve announced an interest rate cut, extending a sharp rally sparked by Donald Trump's return as US president.

The local bourse has bounced around as traders digested the implications of former president Donald Trump's return to the White House for Australian companies.

The competition watchdog has approved the $8.8 billion merger of pharmacy businesses Chemist Warehouse and Sigma Health, after deciding it won't hamper consumer choice.

The Australian share market finished in the black as counting continues in the US presidential election.

UPDATE: Republican former president Donald Trump has claimed victory in the US presidential election in a stunning political comeback.

While the presidential election between Kamala Harris and Donald Trump heads to an uncertain finish, exit polls show most US voters say democracy is in danger.

US stocks closed higher overnight in a broad rally after data signalled a solid economy.

The ASX200 has ended 0.4 per cent lower with financials and consumer stocks among the major losers.

American stock indexes traded flat to lower as investors braced for a pivotal week for global markets in which the US will elect a new president.

The ASX200 has posted gains while investors wait for the outcome of the Reserve Bank meeting and any hints of when interest rates might be cut.

Wall Street's major indexes ended higher on Saturday morning, rebounding from the previous day's sell-off as Amazon's strong earnings countered a significant drop in US job growth in October.

The ASX200 has fallen 0.5 per cent after worrying earnings forecasts from US tech stocks and diminishing rate cut hopes in Europe dampened risk sentiment.

Major US stock indexes closed lower overnight after both Microsoft and Meta Platforms highlighted growing artificial intelligence costs that could hit their earnings.

The ASX200 has finished Thursday down 0.3 per cent to record its biggest monthly drop since April, with supermarkets Woolworths and Coles leading the fall.

US stock indexes closed lower overnight as chip stocks tumbled and investors awaited a host of corporate earnings.

The ASX200 finished 0.8 per cent lower after a fall in headline inflation to within the Reserve Bank's target range failed to impress investors.

The S&P 500 and Nasdaq closed higher overnight while the Dow fell in choppy trading as investors digested a host of corporate earnings and awaited Google-parent Alphabet's results after the market close.