World markets
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- Wall Street
ASX ends the week in the red as BHP slumps
The Australian sharemarket closed lower on Friday, capping off another negative week for the bourse, as investors worried about the surge in oil prices.
- Staff writers
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- Shares
ASX slumps again as oil prices keep rising; Tech stocks fall after Atlassian job cuts
The market rollercoaster continues, wiping another $35 billion off the ASX in a broad sell-off as oil prices spiked again above $US100 a barrel.
- Staff reporters
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- Wall Street
Rate hike forecasts surge one week out from RBA meeting
Three of the country’s biggest banks have predicted the Reserve Bank will jack up interest rates in response to ongoing high inflation and the oil price shock.
- Clancy Yeates
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- Wall Street
ASX rebounds after Trump sparks Wall Street surge; Oil tumbles below $US95
Australia’s sharemarket clawed back some of Monday’s heavy losses, helped by a fall in oil prices after US President Donald Trump signalled the Iran war could end soon.
- Staff writers
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- Wall Street
Day of panic as war in Iran wipes $80 billion off the market
G7 calls emergency meeting as global oil supply faces Ukraine-level crisis, while Australia’s inflation rate is tipped to reach 5 per cent by the middle of the year.
- Simon Johanson and Shane Wright
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- Shares
Miners dive as ASX slumps; Tech shares jump
The Australian sharemarket has fallen over the week as global markets reacted to the US and Israel’s attack on Iran.
- Staff reporters
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
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- Wall Street
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
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- Shares
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
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- Wall Street
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