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The “Sell America” trade is gaining traction on markets.

Miners dive as ASX slumps; Tech shares jump

The Australian sharemarket has added to its opening losses to be sharply lower at lunchtime with mining stocks bearing the brunt of the pain after another volatile night on global markets.

  • Staff writers

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Wall Street rebounded overnight on the back of steadying oil prices  and some encouraging US economic reports.

ASX higher as tech stocks jump; oil continues to climb

The Australian sharemarket finished back in the green on Thursday, rebounding from its mid-week plunge, led by a rally in technology shares.

  • Staff writers
Wall Street made a dour start to the week.

More than $50b wiped off ASX as miners and banks fall; Oil prices climb

The losses came after falls on Wall Street and other markets around the world, as oil prices leaped even higher on worries about the widening war with Iran. 

  • Miriam Steffens
Wall Street edged into the green in early afternoon trade.

War concerns weigh on ASX as airlines, retail and mining stocks fall

Investors head to the exits amid fears the Iran war will drag on, clogging the flow of oil, disrupting global transport and worsening inflation.

  • Staff writers
The ASX is set for an uncertain start on Monday.

Oil, energy and gold stocks keep ASX stable amid Middle East attacks

Investors digesting the implications of unfolding attacks in the volatile region took refuge in safe haven trades.

  • Staff reporter
Wall Street’s benchmark index surged to its best day since May on Friday.

ASX closes higher; Block soars; Coles slumps

The Australian sharemarket closed higher on Friday, following a volatile earnings reporting season.

  • Staff reporters
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Markets are eagerly awaiting the latest results from Nvidia, which will drop after the closing bell in New York.

Tech stocks take ASX to fresh record as Nvidia soothes AI fears; Qantas dives

The Australian sharemarket has extended its rally after the US chipmaker at the heart of the AI revolution posted results that beat expectations.

  • Staff reporter
Wall Street continued on its AI rollercoaster ride.

ASX rallies to record as Woolies, WiseTech surge, BHP hits all-time high

Australia’s sharemarket gained more than $30 billion in value, tracking gains on Wall Street and buoyed by a flurry of corporate news that excited investors.

  • Staff reporters
Wall Street has started the week on the back foot.

ASX closes flat after tech slump wipes out early market gains

The Australian sharemarket finished Tuesday’s session largely unchanged as gains in energy stocks and miners were offset by a slump in technology and retail stocks.

  • Staff reporters
The ASX is set for an uncertain start to the session.

ASX slips after Trump tariffs drama; banks and tech shares slide

The Australian sharemarket lost ground as investors digested the implications of the latest developments regarding US President Donald Trump’s trade war.

  • Staff reporter