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ASX closes higher despite slump in banks; oil price lifts energy stocks
The local sharemarket has managed to keep its head above water as a rise in the oil price amid escalating tensions in Iran fuelled a rally in energy shares.
- Staff reporter
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Buyers on strike: Wall Street edges lower after roller coaster week
US stocks edged lower as investors assessed the latest batch of corporate earnings and simmering geopolitical tensions ahead of the weekend. The US dollar weakened against the Aussie, and oil rose.
- Randall Jensen & Vildana Hajric
- Opinion
- Media & marketing
Facebook's plan for world domination: shrinking to grow
Facebook has started shrinking on a key measure. And that's exactly its plan
- John McDuling