Closing Bell

Australian shares approach a two-month peak, driven by a global rally after the US inflation report hints at potential stabilization in interest rates.

ASX sees a notable rally with mining and banking sectors soaring as investors await crucial US inflation data to gauge future interest rate trends.

Amidst a general ASX downturn driven by energy and bank stock losses, Elders stands out with a notable surge, defying broader market trends.

In a shift from previous expectations, Fed Chairman Jerome Powell’s comments on potential rate hikes spooked Wall Street, leading to a drop in bond yields.

ASX edges higher despite tech sector slump, with healthcare gains and mining giants’ resilience amidst global economic and interest rate concerns.

ASX recovers with tech stocks rallying, despite mining giants’ fall due to weak Chinese data and a global decline in commodity prices.

The Reserve Bank of Australia has increased the cash rate by 25 basis points, aiming to curb persistent inflation and stabilize economic growth.

ASX’s tech stocks are on a tear today, leading the charge as rate hike jitters take a back seat. Investors, it’s time to buckle up for a tech-tastic ride.

Jerome Powell’s words echo across global markets, with ASX sectors reacting to potential future rate adjustments.

Jerome Powell’s words echo across global markets, with ASX sectors reacting to potential future rate adjustments.

ASX sees a glimmer of recovery, echoing Wall Street’s optimism. Mining giants like Rio Tinto and Fortescue light up the market with notable gains. vestors hold their breath, awaiting insights from the Federal Reserve policy statement.

The RBA’s anticipated stance on interest rates remained a focal point for investors and market strategies.