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The Nasdaq posted its biggest one-day percentage drop since December 18 on overnight as a low-cost Chinese artificial intelligence model prompted a steep selloff in US chipmakers.

Stalled EV tax a threat to budget

The ASX200 rose 0.4 per cent on Friday to finish up 1.2 per cent for the week as Donald Trump demanded cuts in oil prices and interest rates.

The benchmark S&P 500 rose to a record closing high overnight as investors assess a mixed bag of corporate earnings and digest comments from President Donald Trump, including a call for cuts in interest rates and oil prices.

ASX council divided on DEI rules

The ASX200 has snapped its three-day winning streak with a 0.6 per cent drop, while the Australian dollar was close to a one-month high.

Wall Street's indexes rose overnight with the benchmark S&P 500 hitting a record high during the session.

ASX push on diversity reports stalls

Optimism about the Trump presidency's implications for markets and the economy has driven Australian shares to further gains as the ASX200 rises 0.4 per cent.

True cost of Endeavour spin-off revealed

The ASX200 rose 0.7 per cent to finish at a six-week high, while the Aussie dollar climbed to its highest level in two weeks against the greenback.

Australia and the US maintain a strong economic relationship, the foreign minister says, as Donald Trump retakes office as president and spikes concerns about trade tariffs.

Dutton eyes TikTok to lure voters

The ASX200 has risen on the back of strong international sentiment as Donald Trump prepares to return to the White House, with gains for major miners and banks.

US stocks rallied on Friday to close out a strong week on optimism over the health of the country's economy and path of interest rates.

Preferred PM: Dutton draws level

The ASX200 index has finished Friday down 0.2 per cent, but has risen by a similar amount for the week.

US stocks dipped overnight as a jump in the prior session cooled.

Coalition to lean on ‘woke' banks

The ASX200 index has risen 1.4 per cent, with every sector gaining ground after US inflation came in cooler than expected.

Hopes for an IPO revival to save shrinking ASX

The ASX200 index slipped 0.2 per cent before latest US inflation figures are released and may curb expectations of interest rate cuts there.

Telstra rolls out $700m AI boost

The ASX200 index finished up almost 0.5 per cent, with the heavyweight mining sector climbing the most on a jump in Chinese demand.

The Nasdaq fell overnight, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain.

Step up in the Pacific: Labor to business

The ASX200 fell 1.2 per cent and the dollar hit a nearly five-year low after a strong US jobs report lowered expectations for quick rate cuts.

Dutton targets waste, handouts

The ASX200 fell on Friday but finished the week 0.5 per cent higher, recovering from a slight fall during the previous five days of trading.

Double-dipping uni VCs face crackdown

The ASX200 index has managed to recoup some of its losses and finish on the highs of the day, down just a quarter of a percentage point.

Little changed for US stocks overnight, in a session where they struggled for a clear direction.