AAP

The Australian share market has finished the week down after a tariff delay wasn't enough to offset worries over an escalating US-China trade war.

The local bourse has resumed losing ground after US tariffs on China were revealed to be higher than previously thought, stoking fears of a global recession.

US stocks tumbled overnight on mounting worries over the economic impact of US president Donald Trump's multi-front tariff war.

Australian shares have rebounded strongly after US President Donald Trump delayed his latest round of tariffs as the US-China trade war escalates.

Santos chief executive Kevin Gallagher has declared he has no plans to leave the job anytime soon, while calling for sensible policy in the energy transition.

Australian shares have rebounded sharply, tracking with an overnight Wall Street rally after US President Donald Trump shifted gears on tariffs yet again.

The S&P 500 has closed up 9.5 per cent after US president Donald Trump declared a 90-day tariff pause for many countries, effective immediately, bringing some relief to investors.

Another $48 billion in value has been wiped from the All Ordinaries top 500 as equities continue to buckle under an erratic and escalating trade war.

It was another challenging session overnight in the US.

An Australian share market rally has led to its biggest daily gain of 2025, but the recovery could be short-lived as trade war uncertainty weighs on confidence.

The S&P 500 and the Dow closed lower overnight after a roller coaster session.

Fears of a tariff-induced US recession and global economic slowdown have fuelled a stockmarket bloodbath, erasing $109 billion from Australia's top 500 stocks.

US stock futures have opened sharply lower, suggesting a continuation of the two-day selloff that wiped trillions from equity values after the Trump administration's tariffs announcement.

The Australian share market has fallen to an eight-month low, with more than $97 billion wiped from its top 500 stocks in two days.

Wall Street benchmarks slumped overnight, ending with the largest one-day percentage losses since 2020, as US President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.

Australian shares have clawed back some of the morning's losses after fears over US tariffs eased during the session.

US stock futures have regressed in the hours following US President Donald Trump's sweeping tariff measures.

The Australian share market has edged higher, after paring early gains from hopes incoming US tariffs would be more targeted than expected.

It was a rollercoaster ride on Wall Street overnight.

Australian shares have tailed a rebound on Wall Street overnight, but investors remain cautious as a fog of uncertainty hangs over incoming US tariffs.

Overnight, a number of US stocks took a tumble.

The Australian share market has sold off as incoming tariffs ratchet-up fears of a US recession and deepen investor concerns about global growth.

It was a challenging end to the week for US stocks.

The Australian share market has edged higher after incoming tariffs and concerns over a potential hung parliament made for a choppy day's trade.

Australians will go to the polls on Saturday, May 3.

The Australian share market has finished in the red, following US and European equities lower as fresh tariffs on cars made outside America ended a brief reprieve from White House trade policy unease.

It was another challenging trading period overnight in the US, for a variety of reasons.

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.