The Sydney Morning Herald logo

Wall Street

Advertisement
Markets are on an unsteady footing.

ASX set to fall as Wall Street suffers biggest drop since war began; Oil prices jump

Uncertainty is weighing on Wall Street about when the war with Iran could end, and stocks are falling as oil prices rise.

  • Stan Choe

Latest

Wall Street has had another volatile week.

ASX dips as Iran war uncertainty lingers; oil rises

The Australian sharemarket edged lower on Thursday, as oil prices climbed again amid conflicting comments from the US and Iran on efforts to end their war.

  • Staff writers
Uncertainty over how long the conflict in the Middle East war will last continues to roil markets.

ASX claws back $55b on war hopes, inflation surprise; Oil slumps, airlines lift

The Australian sharemarket widened its gains amid optimism about Washington’s efforts to end the Middle East conflict, and inflation came in weaker than forecast. 

  • Staff writers
Relief washed over global markets after Trump said the United States and Iran held productive talks.

ASX edges higher as market rollercoaster continues; Miners gain, banks fall

The Australian sharemarket has closed slightly higher, amid fears of the war in Iran escalating.

  • Staff writers
Trump sent markets alight overnight.

Trump’s post sparks five minutes of chaos on markets

A post from the president set off wild movements that punctuated the most volatile trading day on Wall Street since the US-Israeli war on Iran began.

  • Alexandra Semenova, Isabelle Lee and Matthew Griffin
Markets around the world

Bonds, gold and stocks selloff as ASX suffers $300b slump this month

Trump’s threat to strike power plants in Iran prompted a sharp plunge in Australian shares before the market recovered, but it still closed lower.

  • Staff writers
Advertisement
Wall Street traders.

ASX slides lower as miners and banks lose ground

The Australian sharemarket ended the week in the red as the big banks and miners lost ground amid concerns about the Iran war’s impact on energy prices.

  • Staff writers
Wall Street advanced overnight in a break, for now at least, from the usual playbook since the start of the war, where stock prices have tended to go in the opposite direction of oil prices.

ASX inches higher as oil prices ease; ARN falls after firing Sandilands

The Australian sharemarket edged higher on Wednesday as oil prices eased and Wall Street rose for a second session.

  • Staff writers
Warner Bros chief David Zaslav’s pay packets have caused a stir in the past.

Billionaire boss: The eye-watering payday for Warner Bros CEO after Paramount deal

David Zaslav is being rewarded handsomely after overseeing the blockbuster takeover by Paramount.

  • James Warrington
The ASX is set for an uncertain start to the session.

ASX finishes RBA day in the green, led by banks and miners

The central bank’s board was split on the widely expected move, boosting speculation that further hikes may be far from certain.

  • Staff writers