Australia's share market has posted its best week in two months after days of escalating attacks between the US and Iran gave way to optimism around a potential peace deal.
US stocks ended sharply higher on Thursday, with indexes extending gains after US President Donald Trump said he cancelled planned strikes against Iran.
Australia's share market has trimmed its early losses but ultimately ended the session lower, with a mining sector rebound unable to overcome resurgent fears as the US and Iran trade strikes.
The major US stock indices have ended more than one per cent lower, with chipmaker shares extending recent declines and with renewed tensions between the United States and Iran adding to investor uncertainty.
Australia's stock market has snapped a three-session losing streak, as interest rate-sensitive stocks rallied on hopes the Reserve Bank is finished hiking rates.
Australia's share market has trimmed early losses after NAB economists predicted the Reserve Bank is done hiking interest rates, while miners were under pressure from heavy commodity prices.
Australian households are generating nearly four times as much solar energy as retailers, manufacturers and other non-residential buildings, with most commercial rooftops panel-free.
Australia's share market has ended the session and the week lower as softening commodity prices and stalled Persian Gulf peace talks dent investor sentiment.
Wall Street has advanced as progress toward ending the Iran war buoyed investor sentiment, while disappointing results from Broadcom led a chip sell-off that pulled the Nasdaq lower.
Australia's share market is on track for a negative week as US-Iran tensions and wobbles in the US tech narrative weigh on an already grim growth outlook.
Wall Street stocks pulled back from record highs as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.
Australia's share market has snapped a two-session losing streak after weaker-than-expected economic growth softened the outlook for further interest rate hikes.
The S&P 500 and the Dow closed modestly higher as risk appetite driven by AI fervor was counterbalanced by tensions arising from US-Iran talks to reopen the Strait of Hormuz and end the months-long war.
Australia's share market has trimmed early losses but ended the session slightly lower, with Persian Gulf tensions and underwhelming economic data weighing on confidence.
