World markets
Updated
Wall Street
ASX rises as earnings season ramps up; JB Hi-Fi surges
Consumer stocks pushed the ASX up at midday on Monday after Wall Street capped off a dramatic week with gains.
- by Penry Buckley
Latest
Updated
Shares
ASX gets tech boost after Wall Street records best day in two years
The sharemarket has bounced back after a better than expected report on unemployment in the US eased worries about the slowing economy.
- by Brittany Busch
‘It got spooky’: Inside the three days of chaos that rocked Japan
No market was hit as hard as Japan’s as financial turmoil spread around the world this week. There was one reason why.
- by River Akira Davis
Updated
Sharemarket
ASX steadies after Wall Street has worst day since 2022
The Australian sharemarket steadied its losses from its worst two-day sell-off since 2020, as the Reserve Bank held the cash rate steady.
- by Sumeyya Ilanbey
Opinion
Opinion
The market carnage is over for now, but volatility is the new black
Monday’s meltdown wiped out the gains the Australian market made in 2024. But Tuesday’s reprieve was just as dramatic. Hang on, the bumpy ride is set to continue.
- by Elizabeth Knight
Stocks tumble on Wall Street as recession fears grow
Steep losses on Wall Street were triggered by fears the world’s largest economy is tipping into recession.
Opinion
Bonds
Butterfly effect: What sparked the global market meltdown
We are being shown just how vulnerable to surprises financial markets are.
- by Stephen Bartholomeusz
Updated
Shares
ASX plunges to its worst day since 2020 as US recession fears rattle investors
Investors wiped about $90 billion off the ASX 200 on Monday, as fears of a recession in the US spooked investors.
- by Brittany Busch and Sumeyya Ilanbey
Updated
Shares
Bloodbath: ASX suffers $50b wipeout after Wall Street dives
The ASX experienced its largest single-day loss in more than a year, mirroring US stocks, after weak economic data rattled Wall Street investors.
- by Penry Buckley
He was an online drug lord. Now he’s a crypto entrepreneur
After Blake Benthall was arrested for running Silk Road 2.0, the infamous illegal drug bazaar, things didn’t go the way you might expect.
- by Ryan Mac and Kashmir Hill
Updated
Sharemarket
ASX closes at record high on rate cut hopes
The Australian sharemarket has risen after tech stocks drove a rally on Wall Street amid expectations that long-sought cuts to interest rates will be arriving soon.
- by Penry Buckley