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Morrison to boost small end of town

The S&P 500 has ended at its lowest level since early May after technology and internet shares sold off further, capping a volatile week that confirmed a correction for the Nasdaq.

Gold has risen to a more than three-month peak as investors rushed to the safety of bullion as stock markets around the globe plunged, putting the metal on track for its fourth week of gains.

Oil prices have risen, supported by expectations that sanctions on Iran would tighten global supplies, but futures posted a weekly drop as a slump in stock markets and concerns about trade wars clouded the fuel demand outlook.

The Australian share market has pulled itself off the canvas and finished slightly higher after a choppy day's trading and despite the US futures markets looking ominous.

An independent inquiry into the partial collapse of a 112-year-old jetty on tourist hotspot Rottnest Island will be completed next month.

The Australian share market has bounced after faceplanting at a new 12-month low but broad gains at the open, with banks and healthcare the best performers, were quickly pared back.

US stocks have jumped, giving the Nasdaq its biggest daily gain since March, as Microsoft's upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares.

Oil prices rose overnight, following the US stock market higher a day after Wall Street's biggest drop since 2011, and as Saudi Arabia's energy minister signalled major producers may have to intervene in crude markets to support prices.

Gold prices fell on a strong dollar and a rebound of stocks following a multi-day sell-off globally, taking steam out of bullion's momentum.

Super hit in $50bn plunge

The Australian share market has tumbled to its lowest level in 12 months, with the indices suffering significant losses across the board after a dive on Wall Street overnight.

It was a bloodbath for Australian shares at the open as the market plummeted to a new 12-month low, following a dive on Wall Street overnight amid a cocktail of disappointing economic and trade news.

Future Fund selling $850m in assets

The Australian share market's weak October trend has continued with lower commodity prices weighing on the indices.

If it relies on something coming out of the ground, it's likely to be weighing on the Australian share market, with local gold miners one of the few commodity-based positives for a flat ASX at noon.

PEXA sale windfall for WA

US stocks have fallen with worries about the earnings outlook adding to recent selling pressure, though major indexes ended well off the day's lows as investors snapped up beaten-down shares late i

Oil prices plunged about five per cent overnight to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of US sanctions on Iran.

Gold rose by a percentage point overnight to its highest level in over three months as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to bullion's appeal.

The Australian share market has closed lower again, with energy and materials stocks dragging the ASX back toward last week's six-month low.

The Australian share market has edged lower at the open, with energy, financial and healthcare stocks dragging after a choppy overnight session on Wall Street.

Worley rides resources revival with $4.6b bid

US stocks have edged down as early support from a rally in China faded, with lower oil prices and disappointing earnings signals from firms including Halliburton and Hasbro helping pull the market lower.

Oil futures changed little after paring earlier losses, despite Saudi Arabia's pledge to raise crude production to a record high, two weeks before US sanctions potentially choke off Iranian supplies.

Gold prices have slipped, pressured by a rallying dollar and the metal's failure to break above a key technical level.

The Channel 7 Telethon Trust achieved another fundraising record over the weekend, raising $38 million for medical research, but its success has not been shared across the charity sector, with Variety WA’s Carols by Candlelight the latest of several events to be cancelled due to a lack of financial support.

The Australian share market has closed lower, giving up most of last week's gains in a single session.

Edith Cowan University’s longest-serving chancellor, Hendy Cowan, will retire from his position after 14 years in the role.

The Australian share market has dropped at the open, with Wall Street proving a poor ballast as uncertainty swirls in the wake of the Wentworth byelection.

PM holds policy ground amid byelection belting

The US benchmark S&P 500 stock index has closed a touch lower as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth.