Tech shares have pulled US stocks lower after President Donald Trump announced he would reinstate a blockade on Iranian ports in the latest escalation of US-Iran hostilities that sent oil prices jumping and dampened risk appetite.
Pauline Hanson and One Nation's popularity have slipped since her controversial Press Club speech with support shifting to the coalition, according to new polling.
The S&P 500 has risen to end just short of a record high as a blockbuster Nasdaq debut of South Korea's SK Hynix fuelled optimism about memory-chip makers.
Australia's share market has broken a four-session losing streak but ended the week lower as a global rally in artificial intelligence and chip stocks largely skipped the local bourse.
The Nasdaq has ended sharply higher as Micron Technology fuelled a rally in chip stocks that eclipsed fears that renewed US and Iranian attacks might prolong the Middle East conflict and fuel inflation.
Australia's share market has fallen for a fourth straight session, as a second day of strikes between the US and Iran hammered hopes of a permanent peace deal and painted a grim picture for global inflation prospects.
The S&P 500 has ended lower after US President Donald Trump said an interim deal aimed at ending the war with Iran was "over," while Broadcom led gains among recently battered chip stocks.
Oil prices spiked on renewed fears that a tenuous peace between the US and Iran was faltering, while US stocks fell, led by technology shares on investors' concerns about the longevity of the AI-driven rally
Telstra has apologised for a national outage that has stopped trains, transactions and some triple zero calls, but is still investigating what caused the issue.
Australia's share market has resumed its decline after a container ship in the Strait of Hormuz was hit by a projectile, testing a fragile truce between the US and Iran.
Australia's economy is set to grow below two per cent for the longest period since the early 1990s, exposing a malaise long masked by population growth, a report has warned.
The S&P 500 and Nasdaq have ended sharply higher, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season.
The Australian share market has enjoyed its best day in three weeks, thanks in part to strong gains by goldminers following lacklustre US employment data.
The Dow Jones has lifted more than one per cent, posting a record closing high and a fourth straight week of gains ahead of the long holiday weekend, as a softer-than-expected US jobs report eased worries about interest rate hikes.
US stocks have finished slightly lower with falling technology shares, but gains in Meta Platforms provided some support along with comments from Federal Reserve Chair Kevin Warsh that inflation risks had eased recently.
