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Australian shares dipped 70 points, or 0.8%, to 8,714 in Wednesday morning trade, extending weakness from the prior session. Sentiment weakened after Wall Street closed mostly lower overnight, with earnings from major banks and pressure on memory chip stocks weighing, alongside softer oil prices and persistent Middle E
Australian stocks slipped 119 points, or 1.4%, to 8,669 in early October trade, erasing prior gains as Wall Street closed mostly lower overnight on rising U.S. Treasury yields and weakness in financials and defensives. Locally, home values fell for a sixth straight month in September amid plunging transaction volumes,
Australian stocks were flat in early deals on Wednesday, reversing a notable drop in the prior session as gains in energy minerals, consumer durables, and utilities were offset by losses in healthcare, tech, and consumer non-durables. Overnight on Wall Street, U.S. stocks ended lower amid surging oil prices, U.S. Treas
Australian stocks fell 6 points, or 0.4%, to 9,040 Tuesday morning as Wall Street closed lower overnight on rising oil prices and U.S.-Iran clashes.
Australian stocks drop 39 points, or 0.4%, to 9,170 in early trading, extending losses as U.S. equity futures edge lower and domestic inflation caution persists after the RBA held rates steady at 4.35%.