Twitter has held centre stage on Wall Street in a week of rocky trade that ultimately held up against sell-offs of bubbly tech shares to produce a new Dow record.
The Australian dollar is lower after a surprisingly strong US jobs report increased the likelihood that the Federal Reserve's quantitative easing could be wound back sooner rather than later.
The Reserve Bank of Australia has revealed that the option to cut the cash rate further remains alive.And the Aussie dollar is what's keeping it breathing.
US stocks have tumbled despite a successful launch of trading in Twitter stock and report on US economic growth that bested expectations by a wide margin.
The Commonwealth Bank of Australia is on track to make another record full year profit, after recording earnings of $2.1 billion in the three months to the end of September.
US stocks have ended mostly lower as analysts pointed to the need for markets to absorb recent gains after a number of records in the past couple of weeks.
The Australian dollar has bounced back after its fall following the Reserve Bank's monetary policy statement expressing concern about the currency's high value.
A fourth consecutive month of growth in the market capitalisation of Western Australia's top 100 listed companies is a sign of renewed business confidence within the WA economy, according to market analysts.
The Australian stock market has opened higher following a solid lead from the US and ahead of the Reserve Bank of Australia's monthly interest rate decision.
Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.
US stocks have ended a quiet day higher as investors look ahead to some important economic reports later in the week, including the monthly jobs report.
Westpac has announced a record $7.1 billion full year profit, and the bank expects improving consumer confidence to help it build on the result next year.
US stocks paused this week following a stream of corporate earnings that were solid enough to maintain the year's gains, but not quite good enough to push the rally forward.
The Australian dollar is lower against the greenback, driven by good US data and talk that the US Federal Reserve could begin tapering its economic stimulus program sooner rather than later.
Shares in Macquarie Group climbed to their highest level in four years after the investment bank's half year profit rose by 39 per cent to $501 million.
