The Australian share market has set another record after the unemployment rate rose to its highest level in nearly four years, increasing the odds of an interest rate cut.
The local share market has dropped from record levels after US government data showed inflation re-accelerating amid President Donald Trump's trade war, reducing the odds that the world's biggest economy will cut interest rates soon.
The local share market has closed at its highest level for the second time in a fortnight after China reported better-than-expected quarterly economic growth.
Wall Street stocks closed marginally up overnight as investors sidestepped any meaningful moves following US president Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.
The local share market has edged lower as traders debated whether Donald Trump's latest tariff threats are just a negotiating tactic or have a real chance of being implemented.
Wall Street ended the week lower, with Meta Platforms weighing on the S&P 500 after president Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around US trade policy.
Outgoing Boral chief executive and managing director Vik Bansal has added another director role to his portfolio, joining Soul Patts’ board from August 15.
The Australian bourse has bounced back after the Federal Reserve signalled a US rate cut remains on the table, despite uncertainty stemming from Donald Trump's trade wars.
The Australian share market has lost ground as Donald Trump expanded his trade war by announcing steep new tariffs on copper - although goldminers suffered the most in trading.
The local share market has finished about where it began after gyrating between positive and negative territory before and after the Reserve Bank's surprise decision on interest rates.
Wall Street's major indexes closed sharply lower overnight, after US president Donald Trump announced hefty tariffs against Japan, South Korea and other trading partners.
The Australian share market has slipped from the record levels set last week amid more uncertainty over Donald Trump's trade wars and ahead of the Reserve Bank's latest decision on interest rates.
Wall Street rallied to record highs after a surprisingly strong US jobs report cheered investors, who shrugged off dimming chances for a US interest rate cut this month.
The local share market has finished above 8,600 for the first time ever after a stronger-than-expected US jobs report reaffirmed the strength of the world's largest economy.
