Australia's share market has had a dour start to the new financial year, dropping for the seventh time out of its past 10 sessions after a sell-off in banking and supermarket stocks.
Stocks across the globe have posted their largest quarterly percentage increase in six years, while Brent oil had its largest quarterly drop since 2020.
A global gauge of stock markets rose as investors tracked the implementation of an interim peace deal between Iran and the US, even as oil prices also rose after tit-for-tat attacks underscored the risk of escalation.
The Australian share market has moved higher after a US official said America and Iran would "stand down for now" following an exchange of fire near the Strait of Hormuz that tested their fragile ceasefire.
The S&P 500 has ended marginally lower, with a steep drop in artificial intelligence-related chip stocks and sharp gains in Moderna and other healthcare stocks.
The Australian share market has finished higher for the day as gold rebounded after hitting an eight-month low, but local shares still lost ground for the week.
The Nasdaq has closed lower, dragged down by losses in big tech shares, while the S&P closed near flat and the Dow closed higher as investors digested new economic data.
The Australian bourse has slipped, with a sell-off in precious metals, oil and other commodities dragging down resource companies as the US dollar surges and more ships pass through the Strait of Hormuz.
Australia's share market has snapped a four-session losing streak, but investor sentiment remains subdued with the Reserve Bank's battle with inflation far from over.
The Nasdaq and the S&P 500 have closed at more than one-week lows, dragged down by sharp losses in semiconductor stocks as investors scrutinised growing debt-funded AI spending.
Australia's share market has handed back an early improvement after the morning's optimism gave way to caution by the afternoon, ahead of key incoming economic data.
Australia's share market has had a bland session as investors weighed progress in US-Iran peace talks, while the local IT sector was hit by a significant stock plunge.
Australia's share market has wiped most of the week's gains in two sessions, as a rising greenback and global growth concerns dragged metals prices lower.
US stock indices have rallied, with the Nasdaq's 1.9 per cent advance boosted by gains in semiconductor shares while inflation fears eased after the US and Iran signed a peace agreement.
Australia's share market has broken a four-session winning streak, after US interest rate worries hit risk sentiment, despite oil prices continuing their decline.
